The UK’s most popular mobile job portal Job Today this week announced a $20 million round of funding to fuel the company's expansion.
Existing investors Accel Partners, Mangrove Capital, and Felix Capital were joined in this round by lead investor Flint Capital, as well as Astremedia (Spain), Channel 4 (UK), German Media Pool VC (Germany).
"Job Today is solving a vital problem for millions of people, matching job seekers with employers in 24 hours," said Andrew Gershfeld, Partner at Flint Capital.
"We're thrilled to partner with JOB TODAY and to support the company's ambitious vision."
This round of funding brings the total investment into the company to $30 million
Since its launch in 2015 this app processes close to one million job applications every week in its primary markets of the UK and Spain. In just 12 months it has attracted over 2 million candidates and 150,000 businesses.
The app has become popular with small businesses such as restaurants and shops; it has also attracted some of the biggest brands including McDonald's, Starbucks, Pizza Hut, Subway, and Holiday Inn.
Business customers show strong loyalty to the service with over 50% of jobs coming from repeat customers.