{"id":341584,"date":"2017-05-22T19:02:02","date_gmt":"2017-05-22T11:02:02","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1493820"},"modified":"2017-05-22T19:02:02","modified_gmt":"2017-05-22T11:02:02","slug":"cornerjob-bags-19m-to-keep-growing-its-blue-collar-hiring-platform","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/cornerjob-bags-19m-to-keep-growing-its-blue-collar-hiring-platform\/","title":{"rendered":"CornerJob bags $19M to keep growing its blue-collar hiring platform"},"content":{"rendered":"

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Barcelona-based blue-collar recruitment app CornerJob has closed a $19 million Series C. It last raised in July 2016, when it took in a $25M Series B round<\/a>\u00a0\u2014 $5M of which was a media for equity agreement investment. It also closed a $10M Series A<\/a> in February of the same year. Total funding to date is now pegged at $54M.<\/p>\n

The new financing\u00a0will be used for product development, says CEO David Rodriguez, as well as bolstering its position in \u201cstrategic markets\u201d and expanding into some new ones.<\/p>\n

CornerJob focuses on low-skill, high-turnover recruitment, aiming\u00a0to streamline\u00a0the hiring and job-search process via a lightweight mobile app that lets employers advertise\u00a0jobs via its location-based app platform, as well as shortlist and chat with potential recruits.<\/p>\n

It\u2019s also\u00a0building\u00a0SaaS tools for employers aimed at speeding up the hiring process and\u00a0ultimately resulting in\u00a0successful hires\u00a0\u2014 which is how it intends to monetize.\u00a0Among its investor roster is the VC arm of human resources giant, Randstad, spying some clear synergies.<\/p>\n

On\u00a0the job seeker\u2019s side, as with other mobile startups\u00a0playing in this app space, CornerJob\u00a0offers quick and easy location-based job search that can be filtered by sector \u2014 aiming to do away with the need for CVs for this jobseeker segment.<\/p>\n

\u201cOn the product side, we will keep on improving the candidate experience, but\u2026 we will [also] concentrate a lot on providing more productivity tools for companies, step up our machine learning initiatives, and reinforce our presence on all elements of the recruitment value chain. For instance on the transactional part with many iterations planed on the service we\u2019ve launched together with Randstad,\u201d says Rodriguez.<\/p>\n

\u201cNew tools include the \u2018flash questions\u2019 feature which allows companies to ask multiple choice questions very specific to the job offer and translate into a chat bot interaction on the candidate side to make the experience always seamless. We\u2019re also introducing a set of features that add more transparency on candidate and company behavior on the platform with reviews, ratings, response times, etc. These are just a few examples of evolutions underway,\u201d he adds.<\/p>\n

CornerJob is active in four markets at present, namely: France, Italy, Spain and Mexico, with France and Italy (where it launched first) being its biggest markets. It had previously considered expanding into either the UK or Germany by the end of last year but that move is still to come.<\/p>\n

An (unnamed) European market and the US are the places it\u2019s eyeing to expand now, it says.<\/p>\n

The blue-collar recruitment app space has sparked something of a race among European startups with multiple players vying for job seekers \u2014 including Accel-backed JobToday<\/a>, which inked a $35M media for equity deal in March<\/a>, and which operates in the UK and Spain. A longer term player in the recruitment space, Jobandtalent, also pivoted into mobile hiring for SMEs last year<\/a>. Though different players claim to be putting a bit of a different spin on their recruitment offer.<\/p>\n

CornerJob isn\u2019t breaking out how many job seekers it has on its platform at this point \u2014 it says it prefers to focus on shortlistings as indicative of its\u00a0jobs marketplace functioning as intended; and on that front it says it has 700k per month (saying this is\u00a0growing at an average compound monthly growth of 30 per cent). On the employer side, it\u2019s reached 150,000 registered companies, and has\u00a074 per cent as\u00a0repeat listers on a monthly basis. Its job\u00a0listers are growing\u00a010 per cent month over month, it adds.<\/p>\n

Rodriguez adds that it\u2019s expecting to close an additional media for equity agreement with a \u201cmajor media player\u201d to help push its geographical expansion\u00a0as part of the Series C \u2014 although it\u2019s not quite nailed that piece down yet, hence the Series C\u00a0being smaller than the Series B.<\/p>\n

Investors in this\u00a0latest funding round include Northzone, Randstad Innovation Fund, e.ventures, Samaipata Ventures, Caixa Capital Risc, Sabadell Venture Capital, Mediaset Italia, Mediaset Espa\u00f1a, Groupe TF1, 5M Ventures, Media Digital Ventures, Augesco Ventures and TV Azteca.<\/p>\n","protected":false},"excerpt":{"rendered":"

\"\" Barcelona-based blue-collar recruitment app CornerJob has closed a $19 million Series C. The new financing will be used for product development, says CEO David Rodriguez, as well as bolstering its position in “strategic markets” and expanding into some new ones. Read More<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

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