Wednesday 11 September 2019 12:01 am

Recruitment firm raises £45m in latest funding round

Online graduate recruitment company Jobteaser has raised £45m to help roll out its careers advice to “hundreds of thousands” more students across the UK and Europe.

The funding round, which was led by Highland Europe and backed by existing investors Alven, Idinvest Partners, Seventure Partners and Korelya Capital, brings the total amount raised since the company’s creation 11 years ago to £61m.

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A key priority for the funding will be to expand Jobteaser’s partner network of schools and universities across the UK and Ireland, which has grown to more than 25 since the firm’s launch in 2017.

Jobteaser’s Careers Centre platform aims to provide internships, job opportunities and interview support for young people.

Co-founder Adrien Ledou, said: “This funding round gives us the means to reach a new milestone in the building of a beneficial ecosystem for all. 

“Over the past ten years, we have become the chosen intermediary for students, businesses and universities. We now hold a unique position in Europe to transform career guidance and recruitment for young talent. 

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“This means providing young people with the right guidance tools, giving universities the opportunity to better support students as they enter the world of work, and helping businesses to adapt to a changing world by choosing the right talent – beyond their degree.” 

Highland Europe general partner Stan Laurent said: “We’re excited to back Jobteaser as it invests in innovative additional products and in further international expansion so that the next generation of students have even better access to exciting and fulfilling careers.”