London’s Gen Z recruitment platform hundo picks up £1.5M funding, plans Series A round in 2022
Summary
The investment round was led by Ascension VC, with Moscar Capital and Outlier Ventures alongside a number of Angel investors. Also, it comes after hundo’s partnerships with major UK employers including Reed Global, BUPA and Matrix SCM. We are excited to be leading this investment round from our Fair by Design Fund, which supports businesses aiming to alleviate the Poverty Premium (the extra cost of being poor).” Jo Patterson, Managing Director of 3Monkeys Zeno said: “hundo presents a fascinating solution to a problem which the communications industry faces every day – how to ensure our workforce represents the people we’re trying to communicate with. It builds on first-hand experience of working with disadvantaged youth communities and a vision to tackle inequalities in how companies find and hire young talent from diverse backgrounds. Through its “Career Collab”, hundo provides an early talent acquisition model that delivers higher ROI, attraction and retention rates compared to job boards and recruitment.