Elvium is a Danish startup that develops software for recruitment has raised 6,4 million DKK (over 850 000 euro) from a new investor. With this significant money influx the company is now ready to reach out beyond home market, reports TrendsOnline.
“The money will be allocated towards the growth of sales, increased product development and for scaling internationally. Our investor develops self SaaS products for the B2B market, so there are enormous synergies. It was important for us to find clever money, and I see we have a perfect match,” – says CEO and founder of Elvium, Jesper Andersen.
The investor is Morten Ersbøll Ebbesen, founder of Siteimprove, according to cvr.dk. His in-depth knowledge of the software industry will strengthen Elviums growth when the company will go international in the coming years.
“We see we have a strong product. Now it’s time to get out and get as many users as possible,” – shared Jesper Andersen.
Elvium’s software has been on the market for about 5 years. The solution is target towards HR industry as it offers automatize screening of candidates for some given criteria. Jesper Andersen got the idea for the system when he as an engineer and product developer from Nokia experienced lack of a good system to match candidates and jobs.
Elvium is now based on the experiences of countless HR professionals. The system can rate the candidates based on professional profile and personal skills. It also allows candidates to upload videos if the job will focus on appearance and charisma factors.