Tempo secures £5m Series A funding from the Adecco Group to scale UK operations.
The investment from the Adecco Group will support workforce expansion and technology development.
Tempo operates an end-to-end recruitment platform that uses machine learning and video interviewing to match candidates with employers. The service helps firms reduce hiring times and recruitment costs.
UK recruitment platform Tempo has raised £5m in a Series A funding round led by the Adecco Group. The capital will be used to invest in technology, expand operations across the UK, and grow the company headcount from 35 to 50 employees.
The fresh funding arrives as businesses begin reviving recruitment plans following pandemic-related disruptions, with Tempo recording a recent rise in interview activity. Since launching in 2017, the start-up has secured over £8m in total backing, establishing itself as a recruitment partner for high-growth businesses including Monzo, Starling Bank and Bulb.
From the founder
"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."
Ben Chatfield
CEO and co-founder at Tempo
Investor perspective
"In a short space of time, Tempo is already making a real impact on the recruitment sector with their technology-based approach. We have been impressed not only by the Tempo team and product, but especially by the feedback from employers and job seekers. This investment is consistent with our own focus on digitisation and enhancing our client and candidate experience through leading-edge technology. We are very excited to become part of Tempo’s story and we’re looking forward to adding the experience, expertise and ecosystem we bring as the world’s leading HR solutions partner."
Teppo Paavola
Chief Digital Officer, Adecco Group
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
