Job search company Resume Wallet & CV Wallet has made a fundraise. Founder Richard Collins announced on Linkedin;
“We are pleased to announce that we have completed a new fund raise.
Whilst times are tough for a lot of our industry, and my heart goes out to all those who have been affected, not all news is bad news and hopefully there is light at the end of the tunnel during what is undoubtedly a rapid and painful change caused by AI.
In total we have raised some $1.5m this round, bringing the grand total to $3.75m, we did so off the back of 850% annualised growth, which admittedly was off a low ish base, but still represents 3x revenue, in half the time, that we achieved at exit with ClickIQ….And with our core infrastructure now in place we can start to properly scale.
An amazing effort from the team, in what has not sadly always been an easy ride – thanks guys.
For those who aren’t familiar with Resume Wallet / CV Wallet, we provide jobseekers with a free suite of tools specifically designed to make job hunting easier and more efficient for them. For employers it delivers pre-screened, qualified applicants to on a cost per application basis, at scale, through their existing talent acquisition infrastructure.”