EUROPE’S HOTTEST TECH START-UPS IMPACTING TALENT ACQUISITION AND THE FUTURE OF WORK

November’s issue of Wired [UK] covered a vast array of European tech start-ups attracting attention and investment in 2022. We’ve been through the list and picked out those focused on solving talent acquisition challenges and/or impacting the future of work:

[Germany] Apryl (apryl.co) provides employers with the only pan-European fertility benefits platform, and with one in seven couples requiring fertility treatment, it could be a distinct competitive advantage when it comes to talent attraction in Europe. $4.3m seed raised to date.

[France] Commune (commune.house) is a subscription-based co-living company targeting single parents with young children, with services that include childcare, legal assistance, TV streaming services and community events. For children, there’s tutoring and shared toys and equipment. With one in four French families living in single-parent households, a subsidized subscription would make an excellent benefit for employers to attract and support single parent employees. $1.1m seed raised to date.

[Portugal] Coverflex (coverflex.com) gives companies and employees a flexible compensation management platform to manage salaries, equity, bonuses, benefits, childcare, meals and more. As benefits start to expand and become more tailored, modern employers will need more flexible compensation management platforms. $6m seed raised to date.

[Sweden] Dework (dework.xyz) is a decentralized job marketplace for crypto and blockchain gig workers. Its goal is to enable decentralized autonomous organizations (DAOs) to hire and manage teams and projects, paying those who contribute with its own tokens. $4m pre-seed raised.

[France] Maki (makipeople.com) is a gamified skills assessment tool with the aim of replacing CVs. The tests assess candidates’ personalities, cognitive abilities, technical skills and soft skills. $11m seed funding raised to date.

[Spain] Payflow (payflow.io) sells a salary advance service to employers, but with the difference that the employer pays the commission if an employee withdraws a portion of their salary early (rather than the employee picking up the fee). This could be a great benefit for employers who employ blue-collar staff. $14.5m raised to date, last round: Series A.

[Portugal] Remote (remote.com) enables employers to hire employees and contractors globally, handling the complexity of doing so – from taxes and compliance to localizing pay and benefits. With the remote working boom of the last couple years, Remote enables employers to expand their talent pools beyond the boundaries of the countries within which they operate. $496m raised to date, latest round: Series C.

[Netherlands] TestGorilla (testgorilla.com) provides pre-employment screening, skill-based tests and assessments, giving all applicants an equal, unbiased opportunity to showcase themselves. They don’t just focus on job-specific and technical/knowledge skills, but also on cognitive abilities. $81.2m raised to date, last round: Series A.

[Isreal] Tevel (tevel-tech.com) is helping solve the challenge farmers face around the world in recruiting fruit pickers. Their AI-powered drones are tethered to a vehicle and can distinguish different types of fruits, assessing their size and ripeness before they pick them. $32.1m venture – series unknown.

[Spain] Vitaance (vitaance.com) offers life insurance that improves the well-being of employees and rewards them for living better through gamification. It rewards employees and teams that meet healthy physical, emotional and financial goals, improving the well-being of the teams. $3.4m pre-seed raised to date.

Continue reading about each start-up and more at https://www.wired.co.uk/article/europe-hottest-startups-2022

Funding data via Crunchbase / Wired UK

ICYMI: As the pay transparency agenda starts to gather momentum, don’t forget to check out our Guide to Pay Transparency for Talent Acquisition Teams feature in The Scoop back in July.