• Connecting employers & specialist recruiters, TheJobPost is the UKs leading recruitment marketplace
  • TheJobPost’s initial funding was worth £100,000 and awarded in Dec 2014
  • New funding will be used to develop matching capability to revolutionise how employers engage with agencies

TheJobPost has received a further funding award of £250k from the UK's innovation agency, Innovate UK. TheJobPost is the UKs leading recruitment agency marketplace.  Working on a crowdsourcing model, TheJobPost’s platform match employers who have job vacancies with relevant recruitment agencies based on their area of specialisation.

TheJobPost used its initial Innovate UK award to develop a sophisticated matching algorithm to support its unique filtering model that helps employers rapidly identify relevant, specialist recruiters when they need support with their vacancies.

"Our original ‘proof of concept’ project has shown incredible initial results with the time taken for employers to identify and engage with relevant recruiters reducing from days and weeks to hours and minutes. In a growing market that has over 19,500 recruitment agencies operating in the UK, 75% of which employ less than ten people, this offers a significant benefit for both employers and recruiters. The further Innovate UK funding will now enable us to scale our offering significantly.” said Ken Brotherston, Chairman of TheJobPost.

Commenting on the funding, Marc Williams TheJobPost's COO and Head of Product Development said:

“We’re delighted to get this further recognition for our technology platform that we believe will truly make engaging with specialist recruiters far more efficient than any other process.

To be able to give employers real-time insight into relevant recruiters is a real game changer. Additionally, our ability to integrate our recruiter matcher capability into employer Applicant Tracking Systems (ATS) removing the manual work to generate the best matches is really special.”

ENDS

Journalist’s notes:

Established in 2008, TheJobPost is the UK’s leading recruitment agency marketplace, connecting hundreds of employers with over 42,000 specialist recruiters. Employers include: RWE Npower, Nestle, Serco and the NHS.

TheJobPost was awarded an Innovate UK grant of £100,000, and has ambitious growth plans linked to the exciting development roadmap for the IT platform and its management of the UK’s largest recruitment and resourcing events programme, engaging with 15,000 members each year.

TheJobPost’s unique marketplace can be accessed via mobile and integrates with the world’s leading application tracking systems (ATS).

Innovate UK is the new name for the Technology Strategy Board – we’re the UK’s innovation agency, accelerating economic growth. We know that taking a new idea to market is a challenge. We fund, support and connect innovative businesses through a unique mix of people and programmes to accelerate sustainable economic growth. For further information visit our website at www.innovateuk.org

 

For more information, please contact:

Ken Brotherston 0207 822 1816 k.brotherston@thejopbpost.co.uk

Debbie Bennett 0207 822 1816 d.bennett@thejobpost.co.uk