What a week we had last week at Adzuna Towers! We are pretty thrilled to report, as our 6 week crowd-funding campaign closes, that we’ve now raised more than £2m through the UK’s leading equity crowdfunding platform, Crowdcube.
More than 500 ‘crowd’ investors backed the ‘Get Britain Working’ campaign so far ranging from CEO’s and Tech Celebrities such as Sherry Coutu (CBE) and Klaus Nyengaard (former Just Eat CEO) to university students and plumbers. The largest single investment was more than £200,000. The average investment size is £3,837 and the smallest amount invested is £13.
Launched in July 2011, Adzuna aims to become the world’s leading job search engine, by bringing together all the vacancies in one place and connecting users with them in new ways. The site already attracts six million visits a month and has helped hundreds of thousands of people find jobs. In addition to listing over 1m UK vacancies, the sites ‘ValueMyCV’ technology helps British jobseekers understand what they are worth in today’s job market and helps match them to better, more fulfilling careers.
More than 500 ‘crowd’ investors backed the ‘Get Britain Working’ campaign so far ranging from CEO’s and Tech Celebrities such as Sherry Coutu (CBE) and Klaus Nyengaard (former Just Eat CEO) to university students and plumbers. The largest single investment was more than £200,000. The average investment size is £3,837 and the smallest amount invested is £13.
Doug Monro, co-founder of Adzuna, commented: “We are proud of the world-class team and platform we have built at Adzuna, but we still have a long way to go in job search innovation, mobile apps and internationalisation.”
Existing Adzuna investor Robin Klein, founder of The Accelerator Group and widely recognised as one of Europe’s top investors, commented: “We’re delighted to be working with Andrew and Doug, experienced entrepreneurs with great track records from Gumtree, Qype and Zoopla. The Adzuna team has achieved a great deal in a short period of time, and we believe the innovations they continue to bring to the market will change the way people search for jobs, globally.”
Capital raised from the campaign will be used to grow internationally and invest in Adzuna’s technology, building on a market-leading search and machine-learning platform that brings together over one million UK job ads in one place, and adds smart search options and powerful data about the job market.
Although this round of investment has closed, there is still plenty of opportunity to participate in the Adzuna journey – if a next step on the ladder may be on the cards for you, check out the latest opportunities in your field on Adzuna.co.uk.