Randstad Innovation Fund (RIF) is leading a Seed financing in Focus Orange Technology B.V., and further strengthens its portfolio of HR technology companies around talent acquisition and workforce management. The investment is directed at the development of Crunchr, Focus Orange’s analytics platform. Crunchr collects, validates and consolidates people data into meaningful insights around strategic workforce planning, succession, talent management and employee preferences. Analyses are presented in multi-dimensional reports while the built-in learn function helps users translate insights into action.
Crunchr fits Randstad’s objective to offer comprehensive total talent management solutions. We have high expectations of Crunchr’s HR-analytics tool and of its potential to give our clients insights in their human capital and workforce planning.
We are at the forefront of HR data analytics. We are thrilled to have the financial support of Randstad Innovation Fund to accelerate the development of our custom modelling solution Crunchr Next, and to scale up deployment in Western Europe and the United States.
As a strategic corporate venture fund, RIF is building a portfolio of early-stage HR technology investments. RIF invests in companies, which are at the forefront of technology or transforming the talent acquisition and workforce management industry, hence boosting external innovation within the Randstad Group. The goal is to combine Randstad’s expertise and reach with entrepreneurial spirit and technological excellence. RIF has invested in 7 portfolio companies since its launch in March 2014. Visit www.randstad.com/about-randstad/randstad-innovation-fund/ for more information.
about Focus Orange and Crunchr
Focus Orange is specialised in innovative human capital management. The company developed Crunchr, a SaaS based HR reporting and analytics platform. With Randstad Holding, Arcadis and Deloitte as launching customers, Crunchr provides insights in organisation analytics, strategic workforce planning, succession management, talent management and employee preferences. Each solution can be purchased separately or as part of the integrated Crunchr platform. Crunchr complies with the international standards on data privacy and integrity, and is implemented within weeks without business disruption. Crunchr was recognized by Gartner as ‘Cool Vendor in Human Capital Management 2015’. http://www.crunchrapps.com
about randstad
Randstad is a global talent leader with the vision to be the world’s most equitable and specialized talent company. As a partner for talent and through our four specializations - Operational, Professional, Digital and Enterprise - we provide clients with the high-quality, diverse and agile workforces that they need to succeed in a talent scarce world. We help people secure meaningful roles, develop relevant skills and find purpose and belonging in their workplace. Through the value we create, we are committed to a better and more sustainable future for all. Headquartered in the Netherlands, Randstad operates in 39 markets and has approximately 40,000 employees. In 2023, we supported 2 million talent to find work and generated a revenue of €25.4 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com.
for more information
Elise Martin-Davies
+31 (0)6 1322 5136
press@randstad.com