Tempo, video-based hiring platform, acquires £1.75m in new capital

Tempo, video-based hiring platform, has recently acquired a successful £1.75m in new funding.

The latest investment, led by Hambro Perks and Michael and Derek Jacobson, takes the total amount secured by the company to £3m.

Its hiring platform uses machines learning and video process to make its client’s recruitment process faster.

Since its launch in 2017, it has acquired 40,000 candidates and more than 2,000 employers on its platform.

This year the company added promising tech start-ups Bulb Energy, OakNorth, Zellis and to its existing client base, which includes Monzo, Uber, Babylon Health and 2,000 others.

With the additional funding, the firm said it will be able to continue its aggressive growth, taking its platform to new markets and investing heavily in technology.

“Moving jobs or hiring a new employee should be the most exciting part of your professional life – it’s the start of a new journey and new opportunities. Unfortunately, most of us have been left jaded by slow, monotonous and demoralising recruitment processes and agencies,” said Ben Chatfield, CEO & Co-Founder at Tempo.

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