Basel-based jacando offers innovative solutions in the field of HR. The company is growing fast and was able to attract a new kind of investor. Round2 Capital Partners is the first regulated fund of private and institutional investors offering revenue based loans in its target markets Germany, Switzerland, Austria and Scandinavia.
Jacando has its origins as a mediation platform. “jacando search“ was launched in 2013: An integrated algorithm that matches the skills of applicants – to identify the best candidate for a vacancy in the company. This business model has been continuously developed and is now known as jacando – an all-in-one software with a strong concentration on human resource management.
The holistic HR suite enables today seamless collaboration in the areas of recruiting, personnel and talent management, time and performance recording, customer process management and coordination as well as an in-house interface to other business applications for data import and export. With over 60 employees based in the heart of Basel, jacando is a strong team that is dedicated to digitization and HR.
The Basel-based company is already able to attract funding with a revenue-based financing option. Round2 Capital Partners has added jacando to its portfolio. Round2 Capital Partners, a European Venture Capital fund (EuVECA) and a registered Alternative Investment Fund based in Austria, was established in 2017 and offers revenue based loans in its target markets. To date Round2 has made 11 investments in 5 markets, mainly focusing on fast growing, established SaaS companies.
(SK)
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