INSUBCONTINENT EXCLUSIVE:
French startup Welcome to the Jungle has raised a new $22.3 million funding round (€20 million)
The startup is both a media company and a tech startup that wants to empower tech companies when it comes to recruitment
It doesn’t find the right candidate for you, it helps you get exposure, track application and facilitate onboarding.Gaia Capital Partners
is leading the round with existing investors Bpifance, XAnge and Jean-Paul Guisset also participating
With today’s funding round, the company wants to expand to more countries and develop new products.This is also Gaia Capital Partners’
The firm raised a $110 million fund (€100 million) with around 40 limited partners, such as Sycomore Asset Management, Generali
Investments and Bpifrance
The growth fund headed by Alice Albizzati and Elina Berrebi is going to focus on companies that have a positive environmental or societal
impact at Series B stage and above.Welcome to the Jungle is currently available in France, Spain and Czech Republic
Up next, the company is going to open offices in Germany and the U.K.The company works with photographers and a video crew to create high
quality profiles of other companies that are actively recruiting
This way, potential candidates can browse those profiles, learn more about companies and make up their mind.Companies pay for those profiles
to improve their branding, especially when it comes to recruitment
And it seems to be working well as there are now over 2,500 clients, including 250 in Spain and 100 in Czech Republic.More recently, Welcome
to the Jungle has started to expand beyond those showcases to tackle the recruitment process at large
The startup launched Welcome Kit, an applicant tracking system to manage job offers and take care of job applications.With Welcome Kit, you
can design a career site, write job postings and create application forms
Your recruitment team then receives applications, comments and collaborates with the rest of the team, sends emails using templates and
more.4,000 companies are using Welcome Kit
Collectively, they have posted about 150,000 job offers and received 2.5 million applications.And now, Welcome to the Jungle is about to
launch Welcome Home, the startup’s take on the good old intranet
The company realized that too many people who join a company don’t feel at home right away
And some people will even quit just a couple of months after joining a company.You will be able to create an employee directory, post
company-wide announcements and get information using Welcome Home
All of this should help create a more welcoming environment for newcomers.[gallery ids="1903323,1903324,1903325,1903328"]
