Willo Technologies secures £1.8m to fuel international expansion and product development.
The recruitment technology scale-up secured backing from investors including Peter Bauer and 1818 Venture Capital.
Willo Technologies operates a recruitment technology platform that facilitates video interviews for organisations across more than 180 countries. The business provides tools to streamline hiring processes for various global enterprises and public institutions.
Glasgow based recruitment technology platform Willo has secured £1.8m in a funding round that pushes its total investment past £4m. The round was supported by a group including Peter Bauer, Mark Danby, and 1818 Venture Capital, with Bauer contributing £1.5m.
The capital will be allocated towards research and development in candidate experience and verification software, alongside expanding operations in the United States and increasing global headcount to 25. The business aims to use the backing to accelerate growth through 2025 without requiring further fundraising.
From the founder
"This is a significant moment for the team at Willo, and also for the UK tech start-up scene. It’s no secret that the investment landscape has been challenging of late, so to receive this level of backing from investors like Peter Bauer is a massive statement of faith in what we have achieved and where we’re going."
Euan Cameron
CEO at Willo Technologies
Investor perspective
"I’m excited to support Willo’s mission. The platform’s capability to simplify hiring not only enhances the candidate experience but makes life better for hiring managers. It also helps to improve accessibility, enabling candidates to find better opportunities anywhere in the world, levelling the playing field, while giving companies a better understanding of who is actually best suited for any role."
Peter Bauer
founder, Peter Bauer
Use of funds
- 01Fund research and development
- 02Expand into international markets
- 03Grow the team
Investors
Categories
About the company
Willo Technologies
Willo Technologies provides a video interview platform that streamlines global hiring processes.