Swiss job giant is Firstbird's latest investor

Dynamic Growth after SaaS product launch in March 2016 ... 900 companies from 15 different European countries use Firstbird's SaaS (Software-as-a-Service).
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Press Release

Swiss job giant is Firstbird’s latest investor JobCloud, the number one Swiss online recruitment firm, acquires an 8.6% stake of the digital employee referral tool Firstbird. The existing investors, José Tolovi Jr., and the German consulting company Kienbaum, also increase their investments. Vienna / Berlin / Zurich, 21st of June, 2016. With an international expansion on the horizon, the HR-Techcompany, which graduated from Microsoft’s Accelerator Program one and a half years ago, recently closed its second round of investments. The latest investor is JobCloud, the leading Swiss company within the online recruitment market (Jobs.ch, Jobup.ch). The recent addition will add to Firstbird’s impressive portfolio of shareholders that – among others – include the consulting firm Kienbaum, with its affiliated company Highland Pine Investment, as well as José Tolovi Jr., the former chairman of the international consulting firm, Great Place to Work, both of whom have further increased their investment. Overall, the Vienna-based HR-Tech-Company secured EUR 650,000 of growth capital within this round of investment, which adds up to a total of EUR 1.25 million for 2016. “We are very excited about the opportunity to further increase our existing strategic cooperation within the digital recruiting industry, while having gained JobCloud as a new investor,” says Arnim Wahls, CEO, and Founder of Firstbird. Renato Profico, CEO of JobCloud, adds on: “We are convinced, that the recruiting process will be dominated by smart digital solutions in the near future. Firstbird offers a very promising approach and solution, which fits well to our own profile and our existing network of partners.” Dynamic Growth after SaaS product launch in March 2016 Currently over 900 companies from 15 different European countries use Firstbird’s SaaS (Software-as-a-Service) referral tool for their recruiting. These companies include Bertelsmann, the Swiss media group Tamedia, the Ströer Group, BFFT Fahrzeugtechnik and Holiday Check among others. Since its founding in 2013, Firstbird has grown to be the leading provider of cloud-based recruiting solutions within the German market. This growth has been supported by Microsoft’s global Accelerator Program and the European Commission’s technology fund. Every company can use Firstbird and get started for free Through Firstbird‘s cloud-based employee referral platform, companies of all sizes can engage and integrate their employees, their employees‘ social networks, and external talent scouts into their recruiting strategy. The setup is incredibly easy, and it only takes a few minutes to set up a company branded employee referral program. On top of being easy to set up, Firstbird is also the only referral solution offering its platform for free.

To try out the “Freemium” version simply go to www.firstbird.eu and get started. Payable are enterprise solutions as well as Firstbird-versions offering additional services and functionalities.

About Firstbird Firstbird is the leading provider of digital employee referral programs within the German-speaking recruiting market. Compared to traditional recruiting channels, Firstbird’s solution is much less time-consuming and less expensive. Additionally, network-based recommendations have proven to have significantly higher success rates. The HR-Tech-Company Firstbird was founded in Vienna in 2013 and has had a great success story over the last three years: In 2014 it was picked among 500 startups to participate in Microsoft’s Accelerator Program in Berlin. By 2015 more than 100 companies had started using Firstbird as their internal referral program. Due to progressive growth, the number of companies has now risen to more than 900. Another milestone in 2015 was Firstbird’s partnership with JobCloud, the biggest Swiss online recruitment company. In 2016, Firstbird has been expanding internationally, which will be accelerated with the latest investment. For more information visit www.firstbird.eu. Press contact Firstbird Matthias W