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Home Startups

Amsterdam’s Arches Capital backs homegrown startup Cruit: Know more

Amsterdam’s Arches Capital backs homegrown startup Cruit: Know more
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Amsterdam-based Cruit, an worker referral platform, introduced that it has secured undisclosed funding in a spherical led by Amsterdam-based VC Arches Capital.

Arches Capital is a VC that focuses on generation-proof B2B software program corporations and presently helps 23 startups.

With over 100 lively angel traders, Arches combines the engagement of seasoned entrepreneurs with the construction of a enterprise capital fund.

“At Arches, we put money into founders who’re fixing actual issues in a scalable manner. Cruit faucets into some of the underutilized belongings in recruitment: your personal staff’s community. The product is easy, sensible, and sticky — and their clients genuinely like it,” says Lotte Smit van Ditshuizen, Companion at Arches Capital.

Present investor Slingshot Ventures additionally participated within the spherical, alongside Michiel Roodenburg, Co-founder of Crisp, who joins as an angel investor. The Dutch firm will use the funds to speed up its progress.

Cruit: Worker referral platform

Led by Steye Kaersenhout, Cruit is an worker referral platform that helps corporations harness the hiring energy of their groups.

The Dutch firm makes the referral course of simpler and cuts down on further work, serving to corporations rent quicker and enhance worker satisfaction and retention.

By utilizing staff’ networks to seek out robust candidates, Cruit hastens hiring and reduces the necessity for outdoor recruiters. The platform is straightforward to arrange and could be prepared to make use of in below a day.

Presently, Cruit is utilized by corporations similar to Van Lanschot Kempen, Vandebron, and Octopus Electrical Automobiles, and is already lively in over 30 international locations.

“We’re thrilled to have Arches Capital on board,” says Steye Kaersenhout, Co-founder and CEO of Cruit.

“Their staff and community of ‘Archangels’ carry not solely capital but additionally hands-on operational experience. This partnership will assist us speed up our industrial progress and proceed constructing the best referral software program in the marketplace. Having our very first buyer now be a part of us as an investor makes me extremely proud — it’s the final word vote of confidence,” provides Kaersenhout. 



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