Alumni Global Search S.L.

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Alumni Global Search S.L. - overview

Established

2013

Location

Madrid, -, Spain

Primary Industry

Internet

About

Alumni Global Search S. L. operates beWanted, a recruitment platform connecting employers with a vast talent pool, utilizing advanced technologies like AI to streamline the hiring process for over 20,000 employers and 1. 5 million candidates.


Alumni Global Search S. L. provides a digital recruitment solution connecting employers with job seekers. Founded in 2013 and headquartered in Madrid, Spain, the company has undergone no significant pivots.


Ignacio Lucea founded the firm, which has raised EUR 1. 5 million in Seed funding from Join Capital as the lead investor. The company has completed a total of 3 deals, with its most recent funding round occurring on May 23, 2018, accounting for the total amount raised. beWanted specializes in managing curated Talent Pools that allow employers to efficiently connect with candidates possessing specific skills.


The platform leverages sophisticated matchmaking algorithms and AI technologies to facilitate interactions between over 1. 5 million candidates and more than 20,000 employers. Users can choose from over 250 specialized Talent Pools that cater to various industries, improving their recruitment experience. The service promotes a comprehensive recruitment ecosystem, serving clients globally across multiple regions.


In the most recent financial year, beWanted reported revenues of EUR 408,514. 50, with an EBITDA of EUR -395,409. 20. The company's revenue primarily arises from subscription models and partnerships, where employers pay for access to filtered candidate searches, thereby enhancing their recruitment efforts through effective talent sourcing.


The company plans to utilize the EUR 1. 5 million raised in Seed funding to enhance its platform and expand its market presence. Future initiatives include the development of new product features aimed at improving user experience and efficiency. Additionally, beWanted is targeting expansion into new geographic markets, with plans to enter additional European countries by 2024.


These strategies are focused on bolstering the platform's capabilities to connect more employers with suitable candidates.


Current Investors

Join Capital

Primary Industry

Internet

Sub Industries

Search Engines, HR & Workforce Software

Website

www.bewanted.com

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Alumni Global Search S.L. - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020
Revenue (USD)159,508339,756.1364,721.8---
% Revenue Growth (YoY)-113.0%7.3%---
EBITDA (USD)(149,777)(573,440.4)(495,897.4)---
Operating Income (USD)(166,878)(596,159.9)(515,633.2)---
Operating Margin(104.6%)(175.5%)(141.4%)---
% EBITDA Margin(93.9%)(168.8%)(136.0%)---
NET Income (USD)(170,570.1)(602,849.6)(540,983.2)---
% Net Margin(106.9%)(177.4%)(148.3%)---

Alumni Global Search S.L. - employee data

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