The Paris-based human resource startup Next Station raises €1.5 additional funds aimed at assisting people to find jobs abroad. It comes as the number of unemployed continues to grow in some regions, which also, on the other hand, became a huge concern due to due to the sudden change in job mobility and recruitment in most markets.
Meanwhile, the investors in this round include the Spanish VC firm Cabiedes and Partners in addition to several business angels – such as Denis Fayolle, a French serial entrepreneur and business angel, EU Startups have learned.
It’s evident, the pandemic left most companies in potential markets with much to think about, which resulted in the drastic decline of their skilled workforce. Hence, companies are left to weigh up options on the type of services that will prove helpful in order to hire the best talent from abroad. However, after achieving overwhelming growth of 400% in sales over the last 12 months, the Paris-based startup that’s viewed as a new international recruiting solution reportedly closed a new round of funding in order to accelerate its international expansion in European markets.
The subject startup which was founded in 2018 but got launched in 2019, notably before coronavirus concerns is actually a duo recruitment platform that helps potential candidates source for jobs abroad, and on the other hand, a recruitment agency. This ensures Next Station is placed in between, as the company seeks to better connect the international talent markets for companies and potential candidates.
Yet, it’s been figured out, candidates on some occasions struggle to identify job opportunities abroad, instead, they waste their time scanning for opportunities that fit their career goals. Consequently, the human resource management teams are also not left out in this struggle, precisely in the area of job discovery by international candidates due to a lack of employer branding. Hence, the subject startup is poised to change this.
“At Next Station, we leverage the scale of our platform to offer candidates the possibility to get discovered by job opportunities, anywhere in Europe. Every year, more than 100,000 candidates apply via our platform”, the company Co-founder ‘Blanca Montero’ stated.
In addition to that, Co-founder ‘Nicolas Paulus’ stated: “Next Station works with 200 top-tier European companies, including BDO, Back Market, and Transcom. With them, we have reinvested the recruiting agency model. Our technology allows a collaborative approach, and instead of having a consultant working alone in a search, we have a team of +30 recruiting experts working in parallel, speeding up the process and delivering results faster. This disruptive approach brings the best of technology and humans working together”.
As Next Station plans to double its multicultural team (that will cut across over 20 nationalities) before year-end. The startup made clear that the new fundraised will be used to expand to 7 markets, notably Spain, France, Germany, the UK, Austria, Portugal, and the Netherlands.
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