After its initial EUR 2 million investment round in August 2023, nPloy, the AI job search platform has recently secured a follow-up funding of nearly EUR 2 million. It is earmarked for the further expansion of its innovative platform into the Romanian and Bulgarian markets. It is a testament to the company’s attainment of key success indicators outlined in the initial investment round.
Over the past year, nPloy has experienced significant traction within Romania, witnessing a remarkable 250%+ YoY customer base increase with its current 170,000+ users and 1200+ companies in the CEE region. This surge is attributed to the platform’s widespread adoption and positive reception of its unique features.
The new investment capital will be strategically deployed to execute an ambitious marketing strategy, with a focus on achieving a projected candidate base growth of over 300% in Romania over the next two years. The platform aims to solidify its position as the preferred choice in the BPO and IT industries, with plans for a new market entry in 2025.
“We’ve got big ambitions, and this milestone is a huge step towards making them a reality. As we look ahead, we are committed to refining and optimising all aspects of the recruitment process. Our upcoming initiatives include the development of analytical functionalities that will provide real-time insights into labour market trends, enhancing transparency and accessibility for both companies and candidates“, stated Konstantin Tsonev, Co-founder of nPloy.
The innovative job-matching platform allows companies to leverage smart recruitment, employer branding, and digital recruitment services, empowering them to stand out as employers committed to transparency, inclusivity, and corporate responsibility. These strategies, endorsed by nPloy, enable companies to foster a corporate image that resonates with people and emphasises their responsible and forward-thinking practices