Randstad Innovation Fund invests in VONQ/Qandidate.com
VONQ is Europe’s largest provider for online recruitment marketing services. VONQ helps customers to recruit better with the use of recruitment data and insights, innovative tools and recruitment marketing knowledge.
Qandidate.com was launched in 2013 by VONQ. Qandidate.com offers a free recruitment platform to easily set up a career site in the clients’ own corporate identity, market the vacancies to job sites and social media and track the applicants. Its recommendation engine provides advice to the users on the most relevant online channels to use, incorporating results of thousands of job boards. It services over 7,000 companies including blue chip corporations as well as SMEs.
“With this investment we are able to anticipate on two emerging trends in the recruitment marketing space,” says Linda Galipeau, Executive Board member at Randstad. “On the one hand we see that large companies show a stronger demand for more sophisticated recruitment marketing campaigns and techniques to find and attract the best talent, while on the other hand we see the demand from SMEs for a free recruitment functionality with an intelligent in-system media webshop to create and activate their online recruitment campaigns.”
As a strategic corporate venture fund, RIF is building a portfolio of early stage HR technology investments. RIF is investing in the areas of social sourcing, online platforms, mobile solutions, virtual solutions, gamification and big data analytics. RIF’s goal is to create an ecosystem where Randstad’s expertise and reach complement entrepreneurial spirit and technological excellence. Visitwww.randstad.com/innovationfund for more information.