candidate id

Candidate.ID secures £630,000 Seed Follow-On Investment from Blackfinch Ventures

Blackfinch Invests in Award-Winning Recruitment Software Company Candidate.ID

The multi-award-winning Glasgow-based company provides a talent pipeline platform for employers and agencies

Blackfinch has invested c.£630,000 in Glasgow-based company Candidate.ID, founded in 2015. Candidate.ID offers recruitment software that provides recruiters daily hot leads based on candidates’ interactions with a company’s online content.

Candidate.ID’s talent platform is a fast-track solution to hiring for both mid-large employers and specialist staffing companies. Its sophisticated technology and software can replace a company’s customer relationship management system to provide enhanced recruitment performance. Its
technology, packaged in a simple-to-use interface, sits on top of a company’s applicant tracking system and works as the core system of candidate engagement.

With a range of time and cost-saving smart features including candidate sourcing, recruitment analytics, candidate management and email marketing, Candidate. ID’s goal is to ease the recruitment process.

Candidate.ID is currently being used by international employers including BUPA, IQVIA, Nielsen, Specsavers and Thermo Fisher Scientific.

The investment from Blackfinch will allow the company to focus on its ambitious revenue growth plans while further developing the machine learning behind its solution.

Adam Gordon, co-founder and CEO of Candidate.ID, said,

“The team at Blackfinch Ventures really believe in our people, technology and business plan. We are excited about working with them and accelerating our mission to make recruitment more effective for every employer and a better experience for every candidate.”

Dr Reuben Wilcock, Ventures Director at Blackfinch Ventures, added,

“Recruitment has seen significant disruption in recent years as technology solutions automate processes, increasing productivity. We chose to invest in Candidate.ID because we believe in the team’s vision for automated talent recruitment and a more positive experience for job seekers. We were also
impressed with the recently re-launched platform and how the company has already secured global traction.”

Blackfinch is an established provider of Enterprise Investment Schemes (EIS). Backed by expertise and a broad network of relationships, the Blackfinch Ventures EIS Portfolios bring access to EIS tax benefits, along with the prospect of significant returns for investors.

ENDS

For further information Please contact:

Elly Holliday: [email protected] / 01452 717772

About Blackfinch Group

Blackfinch is an award-winning investment specialist and trusted provider working in partnership with advisers. With a heritage dating back 25 years, Blackfinch brings significant experience. Its businesses cover tax-efficient solutions, early stage investing, managed portfolio services and property financing. Blackfinch is entrusted with over £350 million in assets under management and administration.


About Blackfinch Ventures

Blackfinch Ventures invests in innovation. It targets high-growth opportunities, supporting start-ups and early stage businesses with technological potential. The focus is on disruptive businesses, offering products thataddress real world needs, with the capability to make an impact in global markets.

About Candidate.ID

Candidate.ID is a multi-award-winning recruitment software company which makes hiring 50% more efficient for employers including BUPA, IQVIA, Nielsen, Specsavers and Thermo Fisher Scientific. www.candidateid.com

Manoj Ranaweera

Manoj has founded, failed and successfully exited from a number of technology product companies as well as support organisations since 2004. Among them, Northern Tech Awards and edocr.com were acquired by GP Bullhound and Accusoft, Inc respectively. Today, Manoj is building a trusted support network for technology companies. He is working with founding teams to help them accelerate including raising investment and M&A.