London-based Tempo secures €5.5 million to grow its recruitment platform
Recruitment platform Tempo has secured €5.5 million in a Series A funding round led by the Adecco Group, a Fortune Global 500 company and leading HR solutions partner.
Tempo’s end-to-end platform uses technology to simplify the recruitment process, with machine learning used to match job seekers to potential employers and video interviews used for screening.
Businesses using Tempo are able to cut their recruitment costs by 65%, while reducing the hiring process to a matter of days rather than weeks.
In recent weeks, video interviews have become essential for businesses and Tempo predicts that the virtual recruitment trend is here to stay.
Ben Chatfield, CEO and co-founder of Tempo, said: “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.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
Over $13 billion were invested in various proptech companies worldwide In 2017, $13 billion was invested within various worldly proptech companies.
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