Candid Hospitality secures £785k from Mercia Ventures and Haatch to expand recruitment platform
The funding round was backed by Mercia Ventures and Haatch to support team expansion and platform development.
Candid Hospitality operates a matchmaking platform designed to connect hospitality employers with candidates based on skills and values rather than traditional CVs. The business is based in Hull and serves operators ranging from individual venues to major national brands.
Candid Hospitality has secured £785k in a funding round led by Mercia Ventures alongside Haatch and an unspecified angel investor. The capital will be deployed to expand the team and scale operations following the platform launch earlier this year. This financing marks the inaugural equity deployment from the Northern Powerhouse Investment Fund II in Hull.
Investor perspective
"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."
Will Schaffer
Investment Director, Mercia Ventures
Use of funds
- 01Grow the team
Investors
Categories
About the company
Candid Hospitality
Candid Hospitality operates a recruitment matchmaking platform for the hospitality sector.