Jobilla funding news – Helsinki-based Jobilla raises €6 Million in Additional Funding
Aug 27, 2024 | By Team SR
Jobilla, a provider of digital recruitment technology, has secured additional funding to continue its international expansion following the launch of new recruitment tools.
SUMMARY
- Jobilla, a provider of digital recruitment technology, has secured additional funding
- Recruiting prospects and companies can find qualified employees more quickly using Jobilla's digital recruitment service.
By automating time-consuming operations like ads, landing page content, and email drafts—and, more significantly, the processes where individuals are screened to identify the perfect profile for a vacant position—the platform will cut down on campaign setup and operating time by at least half.
The well tested localization function generates native-level content in the majority of languages to draw talent to regions where businesses are still establishing a significant presence.
Jobilla recently announced the release of its new AI-powered hiring tools and announced that it has obtained more finance to carry out its global expansion. With the help of business angels, Juuri Partners, Trind VC, Business Finland, and Matti Vikkula, who will be joining Jobilla as the chair of the board, the company has raised €6 million in capital.
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Vikkula is presently the CEO of Biokraft International AB and has a long history in managerial roles, including PwC. The money will be utilized to strengthen Jobilla's position in the European market and enhance the AI-driven platform.
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Companies must invest a lot of time, money, and risk in the recruitment process. Jobilla frees up recruiters' and HR representatives' time to concentrate on comparing prospects and selecting the best fit for the position by reducing the amount of administrative work and native content production firms must complete. Throughout the hiring process, Jobilla's AI-powered solutions also assist in tracking progress, providing candidate summaries and data, and giving recruiters the assurance they need to make hiring decisions.
Henri Nordström, CEO of Jobilla said, “AI will not solve every challenge a recruiter or HR department has, but as a tool, it can significantly reduce time and costs spent on just managing a hiring campaign. With our new tools, we remove many unnecessarily tedious tasks from hiring processes to let people focus on finding the best person for the job in a pool of already strong candidates,”.
Jobilla uses quizzes to evaluate prospects and see if they are a good fit for the position rather than pushing them to apply right away in an effort to increase candidate involvement. These inquiries and targeted advertisements can also be customized to each candidate's preferred language and market thanks to the latest AI techniques.
Nordström continues. “At Jobilla, we use data to make more impactful and engaging recruitment campaigns. We know that people respond much better to content in their native language than generic English copy. But, for many companies, hiring in a new country is extremely costly because they have to hire help to create campaigns that match the expectations of local candidates. We make social media campaigns that are optimized to generate more and better candidates than any other solution in the market. We are automating the entire prosess and this impacts directly how cost effectively our customers can solve their recuitment challenges. Now, we can do that in basically any language as well!”
About Jobilla
Recruiting prospects and companies can find qualified employees more quickly using Jobilla's digital recruitment service. They provide candidates a means to identify positions that match their interests and skill set, as well as a personalized approach to draw in passive prospects, cut recruiting expenses, and expedite the hiring process.