Tribepad, a Sheffield-based talent acquisition platform, has recently raised $14.8 million (£12 million) in funding from UK and Ireland investment company BGF. The company will use the funds to expand operations and its business reach as well as develop new features and functionality that will enhance the user experience.
Founded in Sheffield in 2008, Tribepad’s talent acquisition platform supports the end-to-end hiring process for some of Britain’s leading enterprises. Its software is used by over 125 in-house talent acquisition teams at organisations including Tesco, the BBC, Grant Thornton, Subway and NHS Professionals.
Speaking about the platform, Co-founder & CEO of Tribepad, Dean Sadler, said:
Tribepad is driven by the simple aim of making the recruitment process better and fairer for everyone. Our software is proven to generate positive outcomes for candidates and employers so that the right people are hired for the right jobs.
Following the investment, Tribepad’s co-founders, Alexis Twigg and Dan Kirkland are stepping down from their roles as CEO and non-executive director, respectively, for “other interests”. Andy McRae from BGF has become Tribepad’s non-executive chair. He brings a wealth of experience from across the recruitment and technology sectors, having previously worked with a range of PE-backed businesses and entrepreneurs.
Rob Johnson, Investor, BGF, added:
The business is well-positioned to capitalise on favourable market tailwinds driving ever greater adoption of recruitment technologies as organisations look to succeed in an extremely tight labour market.
Tribepad said it will use the capital boost from BGF will to develop its recruitment software further and continue scaling the business.
Tribepad helps hiring teams improve speed and efficiency in talent acquisition and address any potential bias to improve the overall recruitment experience for both candidates and hiring managers. The platform combines Application Tracking System technology with recruitment advertising, video interviewing, employee onboarding, data insights and equality, diversity and inclusion tools. Today, more than 25 million people worldwide use Tribepad’s software to power their job searches.
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