The investment from the Adecco Group will support workforce expansion and technology development.
"We started Tempo because we wanted to transform the recruitment process, from what can sometimes feel like a slow trudge, into an exciting and enjoyable journey. Today we have a platform that’s helping tens of thousands of businesses and job seekers through the hiring process, and with the backing of the Adecco Group, we are ready to deliver our vision across the UK and internationally."
Blackfinch Ventures backed the Glasgow recruitment software firm in a seed follow-on round.
"The team at Blackfinch Ventures really believe in our people, technology and business plan. We are excited about working with them and accelerating our mission to make recruitment more effective for every employer and a better experience for every candidate."
The funding round was led by Praetura Ventures with participation from BMJ and angel investors.
"Those best placed to solve the challenges facing our healthcare system are the people who have worked on the frontline. Jing and I both struggled to maintain a healthy work-life balance as junior doctors, and we watched countless colleagues step away from full-time practice and into the world of locum agencies as a result of the daily pressures faced by medics. We felt there must be a better way of doing things; one where the NHS could staff wards safely and affordably, and where healthcare workers could find the right working balance for them, without the need for an expensive middleman. That’s why we created Patchwork."
Maven Capital led the seed follow-on round to support scaling operations and product development following major client acquisitions.
"Labour-as-a-Service is growing fast in recognition as a term, and as the market leader in regulated industries we are well-placed to strengthen our position. We’ve recently seen Uber moving into this market with Uber Works, demonstrating the model’s strategic importance. In fact, The Economist predicts that by 2029 all workers will be listed on at least one labour platform – this presenting Broadstone with a huge market opportunity."
Henley Business Angels led the seed round to support team expansion and UK regional growth.
"My team and I are very excited about the next stage for Placed and have big plans for 2020. We’re grateful for the support from our new investors and are pleased to welcome such experienced and influential shareholders to our extended Placed team."