Talent.io grabs $8.8 million for its recruitment platform

The platform helps companies find full-time employees, interns and freelancers.

Talent.io, a French startup, has received an investment of $8.8 million from Alven Capital and Ventech, which are its existing investors.

The recruitment industry startup has created a marketplace where promising engineers get connected to tech companies through a simple procedure. The platform helps companies find full-time employees, interns and freelancers.

Talent.io helps tech companies save on recruitment expenditure and time. Interested candidates are required to sign up on the Talent.io platform.  As a vacancy comes up, it screens the candidates on its list and allows the most suitable candidates to contact the recruiter for further dialogues. The candidates who do not find a new job through its platform in a month are removed from its list.

Recruitment has become a lucrative industry and many startups are vying for a bigger share of the pie. Talent.io began its operations in Paris and later acquired Webcrowd and Go Digital to start operations in Berlin and London as well. About 2000 tech companies are already associated with this platform, mostly from Paris, along with about 200 companies from London and Berlin.

The company claims to be far ahead of its competitors as it provides a unique and different recruitment solution. As of now, about 400 candidates get selected from 4500 sign ups. With the fresh funding, Talent.io plans to achieve 10 times of this figure as more tech companies use the platform to reduce their recruitment expenditures.