Neuvoo Raises $500,000 for International Expansion of Job Aggregator
Canadian job aggregator Neuvoo, has raised a second round of financing of $500,000.
The four year-old Montreal based startup will use this round to expand globally as well as for research and development.
To date Neuvoo has been available in Canada and the US as well as Switzerland and France and according to co-founder Lucas Martinez they now have the fuel for expansion. “2015 will be the year of international expansion. The added funds will help us grow faster”, shared Martinez.
Neuvoo’s expansion will start with the UK, Germany and will be followed by other European countries.
“European candidates have been using job aggregators for some time but employers are just starting to embrace them. Our objective is to have neuvoo available to candidates in most of European countries as well as help companies lower their cost per hire with our pay per results business model. Therefore we will be looking to build a multilingual European team from Switzerland”.
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Neuvoo employs 30 people and has seen its revenue more than double in one year. They will be opening a new sales office in Toronto by the end of the year to support Canadian growth as well.
