Glassdoor acquires Brazil-based Love Mondays
Glassdoor, Inc. has announced the acquisition of Love Mondays, a fast-growing employer review, salary data and jobs site in Brazil. Financial terms were not disclosed.
Love Mondays is highly complementary to Glassdoor. The site provides worker insights about Brazilian workplaces through user-generated company reviews, ratings and salary content, as well as job listings for more than 75,000 employers in Brazil. Love Mondays will continue to operate under its own brand for the foreseeable future. Glassdoor plans to add Love Mondays to its suite of customizable localized products available for multinational employers interested in hiring in Brazil.
Robert Hohman, co-founder and CEO of Glassdoor, Inc., said, “Love Mondays is a perfect fit with Glassdoor to fulfill our mission of helping people everywhere find a job and company they love. We’ve been incredibly impressed with Love Monday’s great team, fast growth and strong execution in attracting Brazilian workers and employers to their products and services.
“This acquisition marks Glassdoor’s official entry into Latin America and the addition of Love Mondays gives us a solid foundation from which to grow our footprint in the region. We are delighted to welcome the entire Love Mondays team to the Glassdoor family.”
Luciana Caletti, co-founder and CEO of Love Mondays, commented, “Love Mondays is excited to join forces with Glassdoor to help connect national and multinational companies with top notch Brazilian talent.
“Glassdoor’s reputation and management team make the company an ideal partner to help take Love Mondays to the next level. I couldn’t be more excited about our future prospects together.”
Love Mondays was launched in 2014 by co-founders Luciana Caletti, CEO; Dave Curran, COO; and Shane O’Grady, CTO, and has approximately 20 personnel in São Paulo, Brazil. The company is venture-backed and has raised more than $2 million to date, led by Kaszek Ventures, a leading Latin American venture capital firm.
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