Tribepad, a Sheffield-based talent acquisition platform used by the likes of Tesco and the BBC, has received a £12m investment from UK and Ireland investor BGF.
Founded in 2008, Tribepad’s software provides recruiters with tools for advertising, video interviewing, employee onboarding, data analysis, equality, diversity and inclusion features.
Subway and NHS Professionals are among the companies using Tribepad’s software to source and hire employees.
“Tribepad is driven by the simple aim of making the recruitment process better and fairer for everyone,” said Dean Sadler, co-founder and CEO, Tribepad.
“Our software is proven to generate positive outcomes for candidates and employers, so that the right people are hired for the right jobs.”
Tribepad said it will use the capital boost from BGF will to develop its recruitment software further and continue scaling the business.
Rob Johnson, investor, BGF, said: “The business is well-positioned to capitalise on favourable market tailwinds that are driving ever greater adoption of recruitment technologies as organisations look to succeed in what is an extremely tight labour market.”
Following the investment, Tribepad’s co-founders, Alexis Twigg and Dan Kirkland, are stepping down from their roles as CEO and non-executive director, respectively, for “other interests”.
Andy McRae from BGF has become Tribepad’s non-executive chair.
BGF recently announced it will invest £300m into Central and the East of England in the next five years.
Another firm looking to innovate in the job market space is Flexa, which gives job applicants information on benefits.