OfferZen, a South African developer hiring marketplace established in 2015 and operational since 2016, has secured EUR4 million (US$4.3 million) in funding from renowned investors. The platform aims to optimize companies’ recruitment processes by connecting actively job-seeking developers with opportunities at over 2,000 firms in South Africa and beyond.
After raising a US$5.1 million #funding round in 2021, OfferZen has attracted an additional US$4.3 million from Invenfin and AI Capital. Co-founder Philip Joubert expressed gratitude for the support, emphasizing the investors’ alignment with the company’s long-term vision and their potential to drive significant #product #enhancements in the near future.
In response to the #financial challenges faced by its clients in 2023, OfferZen has revamped its business model. In addition to the conventional per-hire fee, the platform introduced a fixed-fee unlimited #hiring subscription, aiming to alleviate #financial strain on tech companies. Joubert highlighted the success of this transition, noting its ease of budgeting, competitive pricing, and substantial uptake by customers over the past year.
Moreover, OfferZen announced leadership changes, with Joubert stepping down as CEO after three years and Matt Beck, the former VP of marketing, assuming the role. Beck expressed enthusiasm for the upcoming developments, promising significant platform updates in the pipeline, including innovative AI-driven features facilitating enhanced connections between candidates and companies.
Story: https://zurl.co/ENbq
