Randstad Holding nv announces that Randstad Innovation Fund (RIF) is investing in VONQ and Qandidate.com, with Qmulus as co-investor. RIF’s portfolio, started early 2014, also includes Gigwalk, twago and RolePoint.
VONQ is Europe’s largest provider for online recruitment marketing services. VONQ helps customers to recruit better with the use of recruitment data and insights, innovative tools and recruitment marketing knowledge.
Qandidate.com was launched in 2013 by VONQ. Qandidate.com offers a free recruitment platform to easily set up a career site in the clients’ own corporate identity, market the vacancies to job sites and social media and track the applicants. Its recommendation engine provides advice to the users on the most relevant online channels to use, incorporating results of thousands of job boards. It services over 7,000 companies including blue chip corporations as well as SMEs.
With this investment we are able to anticipate on two emerging trends in the recruitment marketing space. On the one hand we see that large companies show a stronger demand for more sophisticated recruitment marketing campaigns and techniques to find and attract the best talent, while on the other hand we see the demand from SMEs for a free recruitment functionality with an intelligent in-system media webshop to create and activate their online recruitment campaigns.
As a strategic corporate venture fund, RIF is building a portfolio of early stage HR technology investments. RIF is investing in the areas of social sourcing, online platforms, mobile solutions, virtual solutions, gamification and big data analytics. RIF’s goal is to create an ecosystem where Randstad’s expertise and reach complement entrepreneurial spirit and technological excellence. Visit Randstad Innovation fund for more information.
VONQ and Qandidate.com profile
VONQ is the recruitment marketing expert, helping customers to recruit better with the smart use of recruitment data, innovative tools and recruitment marketing knowledge. Headquartered in The Netherlands, VONQ supports customers with their recruitment challenges across the globe. In 2013 VONQ launched Qandidate.com, the new and free recruitment system which helps SMBs to reduce the complexity in their recruitment process and provides transparency and predictability of their recruitment efforts. So far, more than 7,000 companies have signed up for Qandidate.com from all over the world. For more information: http://vonq.com and http://qandidate.com.
Qmulus profile
Qmulus is a Dutch investment company that provides entrepreneurial knowledge and capital to innovative companies. Qmulus was founded by two successful entrepreneurs and focuses on scalable, high-growth companies with a demonstrable competitive advantage in amongst other consumer finance and internet related environments. For more information: www.qmulus.nl.
Randstad Profile
Randstad specializes in solutions in the field of flexible work and human resources services. Our services range from regular temporary staffing and permanent placements to inhouse, professionals, search & selection, and HR Solutions. The Randstad Group is one of the leading HR services providers in the world, with top-three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Mexico, the Netherlands, Poland, Portugal, Spain, Switzerland, the UK, and the United States as well as major positions in Australia and Japan. In 2013, Randstad had approximately 28,000 corporate employees and around 4,600 branches and Inhouse locations in 39 countries around the world. Randstad generated revenue of € 16.6 billion in 2013. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad Holding nv is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded. For more information see www.randstad.com.