# HeyJobs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/heyjobs

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.hire.heyjobs.co
- Total disclosed funding: $60M
- Latest round: Series B (Feb 18, 2022)
- Investors on record: 8

## About

HeyJobs GmbH is a recruitment technology company that specializes in connecting businesses with suitable candidates through tailored job advertising solutions, optimizing the hiring process across various sectors.Founded in 2016 and headquartered in Berlin, Germany, HeyJobs GmbH focuses on providing recruitment solutions. The company has undergone no significant pivots and operates independently. The founders, Marius Jeuck and Marius Luther, have experience in the recruitment sector. As of February 18, 2022, HeyJobs raised USD 47 mn in Series B funding from investors including Creathor Ventures, FMZ Ventures, Heartcore Capital, Notion Capital, and Yttrium, bringing the total amount raised to USD 47 mn with a current valuation of USD 194.275 mn. The company has achieved a total of 3 funding deals.HeyJobs specializes in providing comprehensive recruitment solutions tailored to meet the diverse needs of businesses across various sectors. The company's core offerings, HIRE and REACH, facilitate the placement of job advertisements ranging from single positions to large-scale recruitment campaigns. HIRE is designed for businesses looking to publish individual job listings efficiently, while REACH caters to those planning extensive national recruiting efforts. These products allow for targeted placement of job ads, ensuring they reach the right audience, leveraging a talent pool of over 4 million candidates. HeyJobs serves a wide array of clients, including small businesses, medium-sized enterprises, large corporations, and recruitment agencies, demonstrating its versatility across different market segments. The services are primarily offered in Germany, addressing the growing labor shortages anticipated in the country.HeyJobs operates on a transaction-based revenue model centered around its flagship products, HIRE and REACH. Clients engage with the platform to post job advertisements, choosing between individual listings or comprehensive recruitment campaigns based on their hiring needs. The structure typically involves direct transactions for each job posted or a subscription model for companies looking to run multiple campaigns over time. This allows businesses to achieve their recruitment objectives while managing costs effectively. The pricing plans are designed to accommodate varying volumes of job postings, ensuring flexibility for different client sizes and hiring strategies. By providing user-friendly tools that streamline the hiring process, HeyJobs enhances the overall client experience while securing its position as a key player in the recruitment market.In February 2022, HeyJobs GmbH raised USD 47 mn in Series B funding to advance the application of artificial intelligence in talent acquisition, supporting its mission of helping everyone find the right job to live a fulfilling life. The company plans to launch new products leveraging AI technology to enhance recruitment efficiency. Additionally, it aims to expand its operations beyond Germany into other European markets by the end of 2023, capitalizing on the growing demand for effective recruitment solutions.

## Funding rounds

- Series B, Feb 18, 2022, $47M — Creathor Ventures, Heartcore Capital, Notion Capital, Yttrium, FMZ Ventures
- Series A, May 8, 2019, $13M — Creathor Ventures, Heartcore Capital, Notion Capital, Rocket Internet SE, Global Founders Capital
- Seed, Mar 15, 2016 — Creathor Ventures, Heartcore Capital, Global Founders Capital, Cherry Ventures

## Investors

- Creathor Ventures (https://capitalatlas.ai/funds/creathor-ventures) — Seed, Series A, Series B
- Heartcore Capital (https://capitalatlas.ai/funds/heartcore-capital) — Seed, Series A, Series B
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed
- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Series A, Series B
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A
- Yttrium (https://capitalatlas.ai/funds/yttrium) — Series B
- FMZ Ventures (https://capitalatlas.ai/funds/fmz-ventures) — Series B