Randstad Innovation Fund

Randstad Innovation Fund, established in 2014 and headquartered in Diemen, Netherlands, serves as the corporate venture capital arm of Randstad. The Fund focuses on investing in innovative companies that contribute to advancements in the human resources sector, leveraging its extensive understanding of the industry and a robust global brand. It aims to foster corporate technology innovation that enhances customer value and accelerates growth. The Fund's investment interests encompass a range of areas, including online platforms, social media recruitment, candidate search and interviewing tools, talent communities, mobile solutions, applicant tracking systems, and sales support tools. By collaborating with promising startups in the B2B, information technology, SaaS, artificial intelligence, big data, and human resource technology sectors, primarily in the United States and Europe, Randstad Innovation Fund seeks to shape the future of work.

Paul Jacquin

Managing Partner

25 past transactions

Alicia Insurance

Seed Round in 2022
Alicia Insurance is a digital managing general agent (MGA) and technology provider that focuses on delivering seamless insurance solutions tailored to the needs of brands and users. The company operates a platform specifically designed for freelancers, addressing protection gaps in the platform economy by offering personalized, pay-per-use insurance. Alicia's modular technology platform allows for easy integration and enhances customer experiences. By collaborating with over ten risk carriers, Alicia Insurance provides customized insurance products that cater to a wide range of business requirements, enabling users to access affordable and effective coverage directly through online platforms.

Brazen

Series C in 2019
Brazen is a virtual event platform designed to enhance engagement through chat-based online events. It enables organizations to schedule and host virtual hiring events and career fairs, facilitating interactions among employees, job candidates, customers, students, and alumni. By providing tools for creating meaningful connections, Brazen assists employers in identifying and engaging top talent, while also helping students and alumni network effectively. Through its innovative platform, users can meet new contacts, search for job opportunities, and foster relationships that advance their careers.

ZAPinfo

Seed Round in 2019
ZAPinfo, Inc. is a Minnesota-based company that offers a browser-based information automation platform designed to enhance productivity in recruiting and sales. Founded in 2015 and originally named WebClipDrop, Inc., the company rebranded to ZAPinfo in August 2018. Its platform allows users to clip and enrich data, enabling them to easily find direct contact information such as email addresses, resumes, and social profiles. This tool integrates seamlessly into the browser clipboard, streamlining the process for sales professionals and recruiters by automating the capture and sharing of crucial information. By simplifying these tasks, ZAPinfo helps customers save time and improve efficiency in their daily operations.

Validated ID

Venture Round in 2019
Validated ID helps businesses bring security, trust, efficiency and legal compliance to customer identity verification and agreements in digital environments. With ViDSigner, it offers a SaaS multichannel eSignature platform that combines the security of cryptographic technology, biometrics and to cover all use cases. With ViDChain, it provides a decentralized self-sovereign digital ID solution based on blockchain targeting on-boarding and KYC procedures. The company was founded in 2012 and is headquartered in Barcelona, Spain.

Validated ID

Series A in 2019
Validated ID helps businesses bring security, trust, efficiency and legal compliance to customer identity verification and agreements in digital environments. With ViDSigner, it offers a SaaS multichannel eSignature platform that combines the security of cryptographic technology, biometrics and to cover all use cases. With ViDChain, it provides a decentralized self-sovereign digital ID solution based on blockchain targeting on-boarding and KYC procedures. The company was founded in 2012 and is headquartered in Barcelona, Spain.

Alice

Venture Round in 2019
Alice, Inc. is a financial services company that specializes in artificial intelligence-enabled payroll management software. Founded in 2015 and based in Brooklyn, New York, the company focuses on automating pre-tax spending for employees. Its software integrates with existing payroll systems to identify eligible pre-tax expenses, such as commuting costs and medical care. The platform communicates with employees via text to confirm transactions and updates payroll accordingly to reflect tax refunds. In addition to simplifying the benefits process for employees, Alice supports human resource professionals during onboarding, enhancing the overall management of employee benefits while helping employers reduce payroll tax liabilities.

AllyO

Series B in 2019
AllyO is a leading provider of AI-powered solutions for human resources, specializing in automating talent acquisition and management. The company collaborates with a significant portion of Fortune 50 companies to enhance HR communication and streamline processes, reducing administrative burdens and inefficiencies. AllyO's innovative platform features AI-driven chatbots that facilitate various HR functions, including recruitment, onboarding, and employee engagement. This technology allows employers to automate tasks such as screening candidates, scheduling interviews, and conducting exit interviews, which improves efficiency and employee satisfaction. The platform also supports multiple communication channels, including text messaging and email, resulting in high conversation completion and talent satisfaction rates. AllyO's services are designed to integrate seamlessly with existing HR systems, ensuring compliance with security standards and regulations. With substantial backing from top-tier investors, the company has experienced significant growth and is committed to transforming the HR landscape through intelligent automation.

Wade & Wendy

Series A in 2019
Wade & Wendy, Inc. is a New York-based company that has developed an innovative software platform aimed at enhancing the hiring process through the use of artificial intelligence. Founded in 2015 by Josh Brandoff, Adrian von der Osten, and Drew Austin, the company offers two main chatbots: Wendy, which assists employers by screening applicants and providing recommendations on career websites, and Wade, which supports job seekers by recording their data and helping them find suitable job opportunities. By leveraging machine intelligence and big data, Wade & Wendy strives to create a more engaging and human-centric hiring experience, facilitating better connections between job seekers and hiring teams.

Goodwall

Series A in 2018
Goodwall is a social development platform designed for young people, particularly students and recent graduates, to connect over shared interests and discover professional opportunities. It serves as a leading community for this demographic, offering access to a comprehensive database of over 5 million job and internship listings, alongside more than $1 million in scholarships and awards. The platform is tailored to address the unique needs of Gen Z and millennials, focusing on skill development and career readiness. Goodwall enables users to showcase their talents and receive personalized opportunities that align with their preferences and potential. Additionally, it encourages the development of critical life skills, positioning young individuals to tackle global challenges such as climate change and mental health.

GR8 People

Series B in 2018
GR8 People, Inc. offers a Software-as-a-Service collaborative talent acquisition platform designed to assist organizations in attracting, engaging, and hiring talent. The company’s One-Experience Talent Platform enables corporate and staffing organizations to streamline their recruitment processes by integrating various functions such as sourcing, marketing, hiring, and onboarding into a single, user-friendly interface. This platform enhances communication and productivity, allowing businesses to make better talent decisions more efficiently. GR8 People serves enterprise customers both in the United States and internationally, and it was incorporated in 2009, with its headquarters located in Yardley, Pennsylvania. The company aims to provide a significant competitive advantage in the global talent recruitment landscape.

AllyO

Series A in 2017
AllyO is a leading provider of AI-powered solutions for human resources, specializing in automating talent acquisition and management. The company collaborates with a significant portion of Fortune 50 companies to enhance HR communication and streamline processes, reducing administrative burdens and inefficiencies. AllyO's innovative platform features AI-driven chatbots that facilitate various HR functions, including recruitment, onboarding, and employee engagement. This technology allows employers to automate tasks such as screening candidates, scheduling interviews, and conducting exit interviews, which improves efficiency and employee satisfaction. The platform also supports multiple communication channels, including text messaging and email, resulting in high conversation completion and talent satisfaction rates. AllyO's services are designed to integrate seamlessly with existing HR systems, ensuring compliance with security standards and regulations. With substantial backing from top-tier investors, the company has experienced significant growth and is committed to transforming the HR landscape through intelligent automation.

Pymetrics

Series A in 2017
Pymetrics develops neuroscience-based assessment and prediction technology to transform the way companies hire, retain, and develop their employees. It offers cognitive and emotional assessment solutions; and a personalized and dynamic recommendation engine for recruiting/hiring, retaining, and developing talent. Frida E. Polli and Julie Yoo founded Pymetrics in September 2013. Its headquarters is in New York City.

Montage

Series D in 2017
Montage is the single solution to engage, interview, and hire better candidates, faster. The company partners with many of the world’s most well-respected brands, including 100 of the Fortune 500, to create the high-tech, high-touch hiring experience the modern candidate expects. As the pioneer of purpose-built video interviewing, its proprietary technology integrates seamlessly with enterprise needs for reliability, scalability, compliance, and security. Montage is committed to market-driven innovation, incorporating applicable science, and data in its solutions to speed the process and improve the predictability of talent acquisition. Its commitment to superior client service and support is unique in the industry. The company helps each and every client at every stage of our partnership because we sincerely want them to succeed – and believe in building relationships for the long term. A privately held company, Montage is headquartered in Wisconsin.

CornerJob

Series C in 2017
CornerJob is a Barcelona-based startup that operates a job matching platform aimed at facilitating the recruitment process for both companies and candidates. Founded by Antai Venture Builder, it is part of a prominent digital ecosystem in Southern Europe. The platform allows users to search for geolocated job offers and apply directly, with a unique chat feature that enables communication between candidates and recruiters. This interaction helps candidates receive responses within 24 hours, enhancing the immediacy of the hiring process. For employers, CornerJob offers a straightforward and efficient recruiting channel, streamlining the selection process while minimizing delays. By integrating mobile technology and innovative features, CornerJob seeks to optimize job matching and empower businesses to find suitable candidates quickly.

Pymetrics

Series A in 2016
Pymetrics develops neuroscience-based assessment and prediction technology to transform the way companies hire, retain, and develop their employees. It offers cognitive and emotional assessment solutions; and a personalized and dynamic recommendation engine for recruiting/hiring, retaining, and developing talent. Frida E. Polli and Julie Yoo founded Pymetrics in September 2013. Its headquarters is in New York City.

Pymetrics

Venture Round in 2016
Pymetrics develops neuroscience-based assessment and prediction technology to transform the way companies hire, retain, and develop their employees. It offers cognitive and emotional assessment solutions; and a personalized and dynamic recommendation engine for recruiting/hiring, retaining, and developing talent. Frida E. Polli and Julie Yoo founded Pymetrics in September 2013. Its headquarters is in New York City.

Wade & Wendy

Debt Financing in 2016
Wade & Wendy, Inc. is a New York-based company that has developed an innovative software platform aimed at enhancing the hiring process through the use of artificial intelligence. Founded in 2015 by Josh Brandoff, Adrian von der Osten, and Drew Austin, the company offers two main chatbots: Wendy, which assists employers by screening applicants and providing recommendations on career websites, and Wade, which supports job seekers by recording their data and helping them find suitable job opportunities. By leveraging machine intelligence and big data, Wade & Wendy strives to create a more engaging and human-centric hiring experience, facilitating better connections between job seekers and hiring teams.

Checkster

Series A in 2015
Checkster Inc. provides web-based talent assessment solutions designed to enhance hiring and employee promotion decisions for organizations. Founded in 2006 and based in Mill Valley, California, the company offers various tools, including Pre-Hire Performance Review, Automated Reference Checkup, Interview Checkup, Simplified 360 Checkup, and Talent Checkup. These solutions facilitate peer and professional performance assessments, automate reference checking, and gather feedback during the hiring process, ultimately helping employers make informed decisions. Checkster's innovative approach leverages collective intelligence and social networks to improve the objectivity of assessments. The company's services are utilized by Fortune 500 companies and HR service providers, aiming to streamline talent acquisition, retention, and development processes. Checkster operates as a subsidiary of OutMatch, Inc. as of late 2020.

Brazen

Series B in 2015
Brazen is a virtual event platform designed to enhance engagement through chat-based online events. It enables organizations to schedule and host virtual hiring events and career fairs, facilitating interactions among employees, job candidates, customers, students, and alumni. By providing tools for creating meaningful connections, Brazen assists employers in identifying and engaging top talent, while also helping students and alumni network effectively. Through its innovative platform, users can meet new contacts, search for job opportunities, and foster relationships that advance their careers.

twago.com

Series A in 2014
twago.com is a prominent online platform based in Berlin, serving as a freelance marketplace that connects businesses of all sizes with a diverse pool of experts. Founded in 2009, twago facilitates collaboration by allowing individuals and companies to find and hire freelancers and agencies for various projects, including IT, design, writing, marketing, and business services. The platform boasts over 500,000 registered experts, contributing to a project volume exceeding €400 million since its inception. Led by CEO Thomas Jajeh, twago's team comprises over thirty professionals from seven countries, reflecting its commitment to fostering international teamwork and innovation in the modern workplace.

Gigwalk

Series B in 2014
Gigwalk, Inc. is a company based in San Francisco, California, that specializes in mobile workforce management solutions. Founded in 2010, Gigwalk offers two primary services: Gigwalk Enterprise and Gigwalkers. Gigwalk Enterprise provides businesses with tools to manage distributed teams, track worker availability, assign jobs, and direct resources efficiently. Meanwhile, Gigwalkers serves as an on-demand workforce solution, leveraging a network of 1.2 million freelancers to facilitate crowdsourced data collection. This allows companies to gain insights into on-the-ground conditions at critical locations for their operations. The company is supported by various investors, including August Capital, Nokia Growth Partners, and Greylock Discovery, among others.

RolePoint

Seed Round in 2013
RolePoint is a company focused on transforming how organizations attract and retain top talent by leveraging data-driven approaches in the hiring process. It offers an employee referral software that enhances employee engagement and encourages participation in the referral process. This platform assists employers in identifying suitable candidates through their existing workforce, ultimately aiming to improve employee retention rates. By rethinking traditional hiring practices, RolePoint seeks to create a more effective and efficient recruitment experience for both employers and employees.
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