Social Chain co-founder helps Gen Z recruiter secure £4m investment
Summary
A Manchester entrepreneur who co-founded Social Chain with Dragons Den star Steven Bartlett has helped a Gen Z recruiter secured a \xa34m investment.Dominic McGregor has joined London-based Placed App as a non-executive director after the company receiving his financial backing alongside Praetura Ventures and Blackfinch Ventures.The platform counts PizzaExpress, O2, Sky, Lidl and Greene King among its clients and was founded by chief executive Jennifer Johansson in 2017.READ MORE: Click here to sign up to the BusinessLive North West newsletterThe funding will help Placed App to develop its proprietary software and launch new features as well as expand its team.Blackfinch Venture partner Bill Boorman has also joined Placed App as a non-executive director.The latest investment takes the total amount to \xa37m raised by the company. Their support will help us to fuel further growth, including our plans to double our head count in the next year, and to develop our product features. "Add to this the difficulty that employers find when attracting from wider talent pools, and you realise how valuable Placeds platform is as a means of solving the current staffing crisis. "Dr Reuben Wilcock, head of Ventures at Blackfinch, said: "Placed is run by a highly tenacious founder, who successfully navigated the dire impacts of the pandemic on the retail and hospitality sectors to achieve strong growth and several enterprise customer sign-ups in 2021. "The companys product is slickly designed and is highly valued by its customers and we are confident that the business has the potential to become the leading recruitment platform in the UKs retail and hospitality sectors.