The Preston startup has picked up a five-figure investment from Lancashire County Council's angel network.
"UrFuture is already redefining the recruitment experience for thousands of young people. Further, by becoming a trusted brand among Gen Z, the company is getting significant traction with employers wanting to reach under-25s looking for jobs. The market potential is huge, both here in the UK and internationally, and Thomas and his team are incredibly experienced in this space. From an investor point of view, that all adds up to a very strong proposition."
The funding round includes backing from prominent angel investors and will support growth in the UK and US markets.
"We have seen first-hand that most enterprises are losing revenue through tech skill shortages, with the rise in AI accelerating that challenge. By combining internal employees, external freelancers and pre-built AI Agents our technology is helping tech leaders fill skill gaps quickly."
The oversubscribed round follows an 850 per cent increase in annualised revenue.
"We have spent 3 years building our technology infrastructure, which has been challenging with all the changes that AI has brought to the talent acquisition industry. Fortunately our early predictions about jobseeker adoption of AI and the resulting surge in applications have turned out to be correct, allowing us to position perfectly to answer the needs of the TA industry by delivering pre-screened qualified applications directly into their existing infrastructure"
The funding round was backed by Mercia Ventures and Haatch to support team expansion and platform development.
"Having worked with Sam previously during his time at Airship, we are pleased to back him and Nick in their latest venture. Candid offers an innovative solution to the challenges of hospitality recruitment and has gained rapid traction. The funding will enable the team to build on its initial success and to drive further growth."
The financing was co-led by a16z speedrun and Concept Ventures to support product development and international growth.
"Dex’s mission is to empower individuals to do meaningful work byconnecting them with opportunities that align with their ambitions and values. Our aim is to redefine how talent and opportunity connect, globally. We’re working at the forefront of what is possible when it comes to conversational, generative AI and we’re thrilled to have some of the best AI investors in the world helping us to achieve that vision."
