£700k invested

Blackfinch backs Candidate.ID’s disruptive tech

Adam Gordon: guidance

Blackfinch has invested £700,000 in innovative Glasgow-based recruitment software developer Candidate.ID.

The move follows an initial £630,000 deal in April last year, and marks just one of 12 deals in excess of £11 million completed by Blackfinch Ventures ahead of the tax-year-end deadline. 

Founded in 2015, Candidate.ID produces software that provides recruiters daily with information based on candidates’ interactions with a company’s online content.

Aimed at both mid-large employers and specialist staffing companies, the company’s talent platform is a fast-track solution to hiring which can replace a company’s customer relationship management system to provide enhanced recruitment performance.

The additional investment from Blackfinch will further allow the company to focus on its revenue growth plans while further developing the machine learning behind its solution.

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