UK

Welcome to the Jungle Acquired London-based Job Search Platform Otta

Jan 23, 2024 | By Startup Rise EU

Welcome to the Jungle acquired London-based job search platform Otta. This investment will consolidate the job search experience offered by Welcome to the Jungle, expand its presence in Europe and open the doors to the United States in 2024.

Welcome to the Jungle acquired London-based job search platform Otta. This investment will consolidate the job search experience offered by Welcome to the Jungle, expand its presence in Europe and open the doors to the United States in 2024.

Welcome to the Jungle and Otta share an optimistic view of the recruitment market. By redefining the standards of employer branding, job searching and candidate sourcing, they aim to become the best matching platform to allow candidates and companies to find each other.

This acquisition will also allow Welcome to the Jungle to:

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Strengthen its presence in Europe : the United Kingdom represents the third largest labor market in Europe, and welcomes 185,000 start-ups and scale-ups* in search of the best talent;

Establishing a presence in the United States : with Otta, Welcome to the Jungle is setting out to conquer the American market in 2024.

Jérémy Clédat, co-founder and CEO of Welcome to the Jungle said, "We have always been struck by the similarities between Otta and Welcome to the Jungle. From our shared vision of the recruitment market, to our candidate-centric approach, to the way we manage our business with the four-day working week in France and the nine-day fortnight in the UK, we will build the best solution in terms of employer branding and sourcing, which will constitute a unique and very attractive offer for our clients. "

Sam Franklin, co-founder and CEO of Otta said, "We launched Otta in 2019 with the goal of making the job search less demoralizing and providing a truly candidate-centric product. Our results are notable, with 6 million applications from 10,000 companies on Otta in 2023. I can't wait to see what the future holds for Welcome to the Jungle. Our cultures are very close and our mission is the same: to build a better future for people looking for work."

The amount of the transaction has not been disclosed. Otta co-founders Sam Franklin, Theo Margolius and Xav Kearney will remain with the organization to ensure a smooth transition and integration.

Reda also - Paris-based Kiln Secures $17m in Funding

About Welcome to the Jungle

Welcome to the Jungle is the expert in the world of work. The company offers innovative solutions to companies so that they can develop their employer brand and strengthen their attractiveness.

Read also - Huntingdon-based HutanBio Secures £2.25M in Funding

About Otta

Otta is the best way to find a job in the technology sector. Designed for job seekers, Otta's matching technology offers its 1.6 million users relevant jobs, aligned with their preferences, skills and values.

Read also - Sano Genetics Secures $11.4 Million in Funding

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