Expertlead receives 9.5 million euros

The Berlin HR start-up Expertlead has raised 9.5 million euros in a recent financing round. Investors include Acton Capital Partners and Rocket Internet, with Kreos Capital as a new investor.

HR start-up Expertlead raises 9.5 million euros in a current financing round. The round is led by Acton Capital Partners and includes existing investors SEEK and Rocket Internet. The latter founded the start-up. Kreos Capital is a new addition. Expertlead intends to invest the money in expanding its technology and team, as well as building up its own SaaS business in the long term.

"The trust of the existing investors and the newly acquired investor Kreos Capital strengthens our resolve to become the global market leader in IT recruiting and to make our selection process the global standard in tech recruiting," says co-founder Alexander Schlomberg about the financing round. He founded the Berlin-based start-up together with Arne Hosemann in 2018. Expertlead's platform helps with the recruitment of tech freelancers, with the start-up relying on a combination of AI and the opinion of the tech community to evaluate talent.

In addition to finding freelancers, companies can also have the start-up check the technical qualifications of their applicants. Customers include corporations such as Daimler, Lufthansa and McKinsey, but start-ups such as Cluno, Trade Republic and Klarna also rely on Expertlead.

The new investor Kreos sees great potential in the Berlin-based company: "We are convinced that Expertlead's synergy of smart technology and a committed community is the right approach to win the battle for sought-after IT talent," says Melissa Donohoe from Kreos Capital.