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Glasgow-based Candidate.ID disrupts recruitment sector with seven-figure funding

The total has been achieved after a fresh £630,000 injection from venture capital firm Blackfinch Ventures.

The firm has developed technology that it says allows employers to “understand their talent pools much better using data and analytics” and lead to 50 per cent increased productivity within their human resource teams.

Candidate.ID is already being used by a range employers including Bupa, Nielsen, Specsavers and Thermo Fisher Scientific.

Bosses said the investment would allow the company to focus on its “ambitious revenue growth plans” while further developing its machine learning programme.

Adam Gordon, co-founder and chief executive of Candidate.ID, said: “The team at Blackfinch Ventures really believe in our people, technology and business plan and we are excited about working with them and accelerating our mission, to make recruitment more effective for every employer and a better experience for every candidate.”

Reuben Wilcock, ventures director at Blackfinch Ventures, added: “Recruitment has seen significant disruption in recent years as technology solutions automate processes, increasing productivity.

“We chose to invest in Candidate.ID because we believe in the team’s vision for automated talent recruitment and a more positive experience for job seekers.”

Source: The Scotsman

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