French startup Welcome to the jungle has raised another $54 million (€50 million) Series C round. The startup helps other companies recruit new employees more easily by creating advanced profiles packed with information.
In particular, Welcome to the Jungle will send a photo and video crew to your office so they can take some high quality photos and record some short interviews with employees. Essentially, a profile on the platform should look like an editorial in a fancy magazine.
Customers also add vacancies and more information about benefits, company culture and the existing team. Job seekers can then browse job openings and learn more about companies on the Welcome to the Jungle job site.
The startup has also developed its own applicant tracking system, and some companies use the platform directly for their recruiting processes. And if you want to recruit more easily, companies can also optionally pay for exclusive content, promoted jobs, more statistics and integrations with third-party recruiting tools.
Three existing investors put more money on the table — Revaia, XAnge and from Bpifrance Fund of Digital Ventures. Five other investors join Welcome to the Jungle’s cap table – blisters/, Cipio partners, ADP GroupKostogri (the investment company of Nicolas Béraud, CEO of Betclic) and INCREASE Sherpas.
Since Welcome to the Jungle originally started with tech startups, there are still many highly skilled job opportunities on the platform. If you live in France and graduated from a leading technical or business school, chances are you’ve looked into Welcome to the Jungle at some point during your job search.
This changes over time as the company continues to add new customers and industries. The company says it currently attracts 3 million unique monthly visitors. It now works with 5,000 clients and the startup generates €30 million in annual recurring revenue.
That’s an impressive revenue statistic and probably explains why the company has managed to raise €79 million since its inception in 2015. More than 300 people already work for Welcome to the Jungle.
“Given the current economic climate, that is quite an achievement. Now more than ever, we have what it takes to revolutionize the staffing industry and start a new chapter in the history of Welcome to the Jungle,” co-founder and CEO Jérémy Clédat said in a statement.
Next, Welcome to the Jungle plans to expand to the US, which will require some localization efforts and new hires. This is not the company’s first international expansion, as the platform is already live in Spain and the Czech Republic. Of course the startup has that too own profile on its platform to facilitate its recruitment strategy.