Gustav Technologies

Gustav Technologies, Inc.Founded in 2016 and headquartered in San Francisco, US, Gustav Technologies, Inc. specializes in sub-vendor management solutions for the staffing industry. The company was established by a team including Aleš Markvart, Benjamin Bartakovics, Daniel Bartakovics, Etienne Dejoie, Jan Jedlinski, Michael Ströck, and Pierre Poirmeur.Fuse Cooperative, operating the Gustav VMS platform, offers a comprehensive sub-vendor management solution tailored to the staffing industry. Their core product, Gustav, serves as a robust vendor management system that facilitates collaboration among thousands of staffing vendors, enabling them to make candidate placements efficiently. The platform streamlines job sharing, allowing users to distribute open positions to selected vendors at the click of a button, thereby eliminating reliance on traditional spreadsheets and email lists. Additionally, Gustav enhances candidate sourcing by allowing users to source vetted candidates from sub-vendors, manage submissions, and synchronize data with ATS systems like Bullhorn and JobDiva.The revenue model for Fuse Cooperative revolves around a subscription-based approach for their Gustav VMS platform. Clients, primarily staffing agencies, enter into partnerships that grant them access to the platform's suite of tools for vendor management and candidate sourcing. The transaction structure typically involves subscription fees that provide clients with ongoing access to the platform's features, including job sharing, candidate tracking, and vendor communication tools. Specific pricing plans for the services offered are tailored to client needs based on factors such as the scale of vendor management and the volume of job placements.As of August 2017, Gustav Technologies, Inc.98 million to enhance its product offerings and expand into new markets. The company aims to develop new features for the Gustav VMS platform, which will be designed to further streamline vendor management for staffing agencies. Additionally, Gustav intends to target international staffing firms for expansion, increasing its market presence beyond North America. The specific timeline for these initiatives is currently under development.

1. Seed

   Aug 1, 2017

   Amount

   $1M

   Investors

   Locked

2. Angel

   Apr 15, 2017

   Amount

   $0.7M

   Investors

   Locked

3. Seed

   Jan 10, 2017

   Amount

   $1M

   Investors

   Locked