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Recruitment software company JobAdder has announced it will be continuing plans for growth and expansion after securing reinvestment from a major market player.
Parent company SEEK has announced another round of funding, which will help JobAdder to accelerate overall growth and enhance its services.
A new development called Temp Express was also unveiled, which will help recruiters to manage temp workers. The platform will allow leaders to see temp vacancies, create talent pools, track performance, and more through the use of artificial intelligence (AI) and automation.
“Despite its historical tightness, the increasingly diverse and fluid labour market means employers will need greater flexibility to adjust their workforce according to shifting business demands. As a result, there’s a significant opportunity for recruiters to be more dexterous in finding and managing qualified temporary workers,” said JobAdder chief executive Martin Herbst.
“Our latest investment from SEEK will help us accelerate the launch of new products, allowing recruitment professionals to diversify, work smarter, and make the best of changing market conditions. This funding round is a clear indication of our continued dedication to providing cutting-edge solutions that meet the evolving needs of the recruitment industry,” he said.
According to JobAdder, the applicant tracking system (ATS) and customer relationship management (CRM) services will also see increased attention and growth off the back of the investment.
“Jobadder has a thriving, innovative culture obsessed with making our customers happy. Our inherent brand, product development ethos, and mission are all grounded in the theme of adding joy to the job of recruitment, with an end goal of helping recruiters be more efficient and productive at work,” explained Mr Herbst.
“We will continue to be customer-first and stay closely connected with our wider community to build a market-leading product for them.”
Jack Campbell
Jack is the editor at HR Leader.
