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Randstad launches Innovation Fund: first investment in Gigwalk

HR technologies ensure future, innovative solutions to make HR processes more efficient and bring fresh answers to HR challenges.

“Our ambition is to shape the world of work, and technology is a crucial element to achieve this”, says Linda Galipeau, Executive Board member of Randstad Holding nv. “The Randstad Innovation Fund can play an important role in accelerating the understanding of technology innovations in our industry and will be able to give input for our future strategy and contribute to innovative solutions for our clients.”

The Randstad Innovation Fund intends to build a portfolio of multiple smaller investments over the next couple of years. The fund will invest in the following areas: social sourcing, online platforms, mobile solutions, virtual solutions, gamification and big data analytics. The Randstad Innovation Fund will be managed by Ilonka Jankovich and Paul Jacquin.

The fund’s first investment is in Gigwalk, an online platform that enables leading consumer brands and retailers to track and improve retail execution by using the world’s largest network of mobile-enabled independent contractors. Gigwalk’s mobile crowdsourcing and online enterprise platform complements Randstad’s capability in managing workforces and offering solutions to our clients. Randstad is joining investors, such as Nokia Growth Partners, August Capital, Harrison Metal, and SoftTech.

Visit www.randstad.com/innovationfund for more information.

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