French recruitment firm, Le Mercato de l’emploi, has raised €8m ($9m) to accelerate its commercial growth and expand internationally. The funding was raised from Ring Capital and IXO Private, and follows the company's 2016 establishment by Julien Badr, Jenny Gaultier, and Carole Joncourt. The company aims to guarantee maximum visibility of employment opportunities and facilitate the best possible connections between employers and job candidates through a human and proximity-based approach, while leveraging digital tools and social networks. Le Mercato de l’emploi's unique approach to recruitment has earned it a loyal client base, and the funding will allow the firm to hire additional staff, improve its technology tools, and add new services to its roster.
Ring Capital is a Paris-based venture capital firm that invests in innovative start-ups and high-growth companies in France, Switzerland, and Germany. The firm has a particularly strong focus on digital tech firms, and its portfolio includes companies such as Zenly, Criteo, and Payfit. IXO Private is a French private equity firm that invests in high-potential companies in France and Belgium, particularly those in the healthcare, IT, and environmental sectors. The firm's portfolio includes companies such as Biofutur, Polymedis, and VOO.
This funding round marks an important milestone for Le Mercato de l’emploi, as it will enable the company to expand its reach and better serve its clients. The company's focus on human connections and proximity sets it apart from other recruitment firms, and this approach has been well-received by employers and job candidates alike. As the company grows, it is likely to continue to innovate in the recruitment space, leveraging new technologies and trends to provide the best possible service to its clients.