{"id":12476,"date":"2018-05-18T10:42:19","date_gmt":"2018-05-18T10:42:19","guid":{"rendered":"https:\/\/migqxjzty5-staging.onrocket.site\/blog\/?p=12476"},"modified":"2021-10-12T11:12:33","modified_gmt":"2021-10-12T11:12:33","slug":"adzuna-raises-8m-from-smedvig-capital","status":"publish","type":"post","link":"https:\/\/www.adzuna.co.uk\/blog\/adzuna-raises-8m-from-smedvig-capital\/","title":{"rendered":"Adzuna raises \u00a38m from Smedvig Capital"},"content":{"rendered":"<h3><b>Smedvig Capital invests \u00a38m in job search engine Adzuna<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Adzuna is thrilled to announce<\/span><span style=\"font-weight: 400;\">\u00a0that it has raised \u00a38m from Smedvig Capital. The Series C funding round sees Smedvig join backers Index Ventures, Passion Capital, LocalGlobe and over 400 Crowdcube investors and takes the company\u2019s total funding to \u00a312m. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alongside the fundraising, and <\/span><span style=\"font-weight: 400;\">following a competitive process to win the contract, the company has successfully launched Find a job this week,\u00a0 replacing Universal Jobmatch.<\/span> <span style=\"font-weight: 400;\">As one of the largest online government services, Find a job connects millions of jobseekers with thousands of employers online and through job centres around the UK. The new website offers a fast, simple experience and powerful search using Adzuna\u2019s technology, matching jobseekers to employers\u2019 available roles quickly and effectively.<\/span><\/p>\n<p><strong>Funding will be used to better job search<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The new funding will be used to invest in Adzuna&#8217;s technology, including it&#8217;s market-leading search and machine-learning platform that brings together millions of job ads in one place. Not only will this improve the<\/span><span style=\"font-weight: 400;\"> smart search options and powerful job market data that the site already produces &#8211; it puts Adzuna right on track to achieving its mission of matching jobseekers to better and more fulfilling roles.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key priorities for 2018 and beyond include will also include growing Adzuna in the UK and internationally by expanding the company\u2019s cutting-edge development and data science teams and rapidly expanding the recently-launched US market. All in all, it looks like an exciting future for the team!<\/span><\/p>\n<p><b>Doug Monro, co-founder of Adzuna, commented: <\/b><b><i>\u201c<\/i><\/b><i><span style=\"font-weight: 400;\">We are proud of the world-class team and platform we have built at Adzuna, and are well on our way to achieve our mission of helping millions of people globally to find better, more fulfilling jobs. The business is already profitable, but we\u2019ve decided to raise this round to grow even faster. Working with Smedvig has been a pleasure and they were a natural choice for the next stage of our growth. Their particular brand of patient capital delivered by an experienced, analytical team stands out from the boom or bust approach of some other VCs. We look forward to achieving great things together.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Smedvig Capital invests \u00a38m in job search engine Adzuna Adzuna is thrilled to announce\u00a0that it has raised \u00a38m from Smedvig Capital. The Series C funding round sees Smedvig join backers Index Ventures, Passion Capital, LocalGlobe and over 400 Crowdcube investors and takes the company\u2019s total funding to \u00a312m. Alongside the fundraising, and following a competitive<a class=\"moretag\" href=\"https:\/\/www.adzuna.co.uk\/blog\/adzuna-raises-8m-from-smedvig-capital\/\"> Continued \u00bb<\/a><\/p>\n","protected":false},"author":58,"featured_media":12490,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-12476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-adzuna-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/posts\/12476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=12476"}],"version-history":[{"count":0,"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/posts\/12476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/media\/12490"}],"wp:attachment":[{"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=12476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=12476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.adzuna.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=12476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}