Willo, a recruitment technology based in Glasgow, has secured a £3m investment from the founder of cyber giant Mimecast.
Founded in 2020, Willo is a candidate screening platform used by clients such as Samsung, DPD, Toyota and the NHS. The platform is used to verify candidate credentials, something particularly necessary, according to the company, amid a rise in AI-generated job applications.
“Employers tell us they are inundated with AI-generated CVs that are hard to verify and review. That’s making it increasingly difficult for genuine, qualified candidates to stand out,” said Willo co-founder and chief executive Euan Cameron.
“With Willo Verified Profiles, we’re building a new layer of trust into the hiring process – verifying identity, qualifications, skills and experience using a combination of automation, third-party data, and video interaction. It will be like a ‘blue tick’ for credentials.
The Scottish startup will use the newly secured funding to expand further into North America, a region already responsible for more than half of the company’s revenue.
The investment marks the largest single round received by the company, bringing its total funding to £5.9m.
“Willo is firmly established as one of the most progressive and exciting platforms in recruitment technology. It simplifies hiring for employers, improves access for candidates, and puts trust back into the process,” said Peter Bauer, founder of Mimecast.
“The team has built a solution that is ready for the challenges of today’s market – and I’m fully behind their vision for the next stage of growth.”
Bauer co-founded email management and security platform Mimecast, currently valued at $5.8bn, in 2003.