Hiring Hub secures a multimillion-pound investment from MonacoSol to scale operations
European private equity fund MonacoSol backs the Manchester recruiter marketplace to drive domestic and international growth.
Hiring Hub operates a recruiter marketplace connecting employers with independent recruitment agencies. The platform helps organisations streamline their hiring processes and source candidates efficiently.
Manchester-based recruiter marketplace Hiring Hub has secured a multimillion-pound investment from European private equity fund MonacoSol. The capital will be used to scale sales and customer operations across the UK and internationally. Simon Wilkinson has also joined the company as Chairman following the transaction.
The funding builds on recent expansion that saw Hiring Hub add 14 new team members to its headquarters, with plans to recruit up to 20 additional staff. MonacoSol, operating as the family office of software entrepreneur Richard Beaton, made its second recruitment sector investment through this deal.
From the founder
"We all use marketplaces to do things like book travel and find insurance, and at a time when the war for talent makes it more challenging than ever to find candidates, using the same model is helping companies find candidates quickly with less hassle through our trusted network of specialist recruitment agencies."
Simon Swan
Founder and CEO at Hiring Hub
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
- 03Scale operations
- 04Expand into international markets
Investors
Categories
About the company
Hiring Hub
Hiring Hub operates a digital marketplace connecting employers with specialist recruitment agencies.