Berlin-based HeyJobs nabs €35 million to help solve Europe’s labour shortage
Summary
Using AI to drive talent acquisition, HeyJobs has just picked up €35 million in Series B funding, supporting the mission to help everyone find the right job to live a fulfilling life. As a result of changing population demographics, whereby the ‘boomer’ generation is reaching retirement age, European employers are facing declines in the available workforce. And while this is a nice proof of our relevance, it still feels like Day 1 in terms of the long term value we can create.” HeyJobs will use the funding to push the application of artificial intelligence in talent acquisition, supporting their mission of “helping everyone find the right job to live a fulfilling life.” With this at heart, HeyJobs is also setting best practices as an employer of their own. The company has doubled its headcount in the past 12 months to 300 employees and is continually hiring both new and seasoned professionals across product, data science, engineering and business roles. Michael Zeisser of FMZ Ventures, former Chairman Alibaba Investments and an investor in numerous marketplaces commented: “HeyJobs is a leading next-generation company in the emerging Experience Economy; its purpose is to provide users the economic opportunity to realize their full human potential; it is a privilege to support this team and its mission.”