Placed raises £1.2m in seed funding led by Henley Business Angels to expand across the UK.
Henley Business Angels led the seed round to support team expansion and UK regional growth.
Placed provides a recruitment platform that connects brands with younger job seekers using matchmaking algorithms and engaging content instead of traditional CVs. The service helps major retail and hospitality employers streamline hiring processes for frontline staff.
Placed has secured £1.2m in a seed funding round led by members of Henley Business Angels. The capital will support the company as it expands its sales and product teams to facilitate launches in new cities across the UK.
The platform has experienced rapid growth since its inception, attracting more than 2,000 brands and over 100,000 job seekers.
From the founder
"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."
Jennifer Johansson
CEO at Placed
Investor perspective
"Placed has shown how smart technology can solve the big problem of recruiting high numbers in hospitality sector. HBA members really liked the Placed proposition because it does solve a real problem and has high growth potential."
Jurek Sikorski
Founder and Director, Henley Business Angels
Use of funds
- 01Invest in sales and marketing
- 02Continue product development
- 03Expand into international markets