Wellington Partners invested €8 Millions in München-based Experteer, the leading european career services website listing jobs with a minimun salary of €60k.
Experteer CEO Christian Göttsch explains: “Experteer is an unrivaled career service for professionals and executives throughout Europe. What we offer includes clear added value in connection with professional and executive positions, discreet contact with executive search consultants and the Experteer Career Matching technology. Thanks to the new round of financing, we will now be able to further expand our leading role in this fast-growing market.”
The company was founded in 2006, it now covers 8 countries, 4.800 companies and lists more than 50.000 job offers. The investment, part of the Wellington Partners Ventures III Fund is expected to broaden Experteer’s international expansion.
Wellington General Partner Eric Archambeau notes: “Since our first investment in March 2007, the Experteer management team has impressed us with the way it smoothly and swiftly instituted its ambitious business plan. Within the space of only a few quarters, they have succeeded in convincing more than 850,000 members as well as over 4,800 headhunters. We are highly confident that they will now take their story to next stage and expand their market leadership in Europe and beyond.”
Wow that is some backing, and its fantastic. We need more companies like this backing the smaller ones as this helps them get on their feet and it also creates good foundations for people to get jobs.
I am happy have stumbled upon this site, its interesting, informative and has great content.
This is nice backing as the above person mentioned, and Kate is right in saying that this will in fact help the little person that is just starting up. So good for them in doing this and helping the person out.