Efield AB

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Efield AB - overview

Location

-, -, Sweden

Primary Industry

Software

About

Efield AB is dedicated to delivering specialized employment solutions in the technology sector, primarily connecting job seekers with employers in Vietnam, enhancing workforce capabilities amidst evolving industry demands. Efield AB operates as a recruitment solutions provider focusing on the technology sector. The company has undergone significant changes, including its acquisition by ESI Group in December 2011 for an undisclosed amount. Efield AB is headquartered in Sweden, with a notable presence in Ho Chi Minh City, Vietnam.


The founder's history is not detailed, and there is no mention of other companies they may have founded. The company has participated in 2 deals, with its latest round being a funding event on December 9, 2011, raising a total of USD 0. 60 mn from KTH Chalmers Capital. EfieldSolutions.


com specializes in providing employment solutions primarily in the technology sector within Ho Chi Minh City, Vietnam. The company offers a wide range of services targeting various job roles, such as PHP developers, backend developers, frontend developers, and key account managers. Their offerings aim to connect job seekers with potential employers, addressing the increasing demand for technology-related positions in the context of the fourth industrial revolution. EfieldSolutions serves a diverse clientele, including startups and established companies actively seeking qualified professionals in the tech industry.


The geographical market for their services extends beyond local boundaries, effectively catering to both domestic and international employment needs, thereby enhancing opportunities for candidates and employers alike. EfieldSolutions generates revenue through a business model that includes both B2B and direct-to-consumer transactions. The company charges employers for access to its talent pool and recruitment services, which may include job postings, candidate searches, and specialized recruiting for niche roles. While specific pricing details are not disclosed, the structure likely involves fee-based models for employers based on successful placements or subscription services offering ongoing recruitment support.


EfieldSolutions focuses on delivering tailored solutions aligning with the evolving demands of the technology workforce, establishing itself as a vital intermediary in the employment landscape. Efield AB plans to leverage its recent funding from December 2011 to further enhance its service offerings and expand its market reach. The company is strategizing the development of new products aimed at improving recruitment processes for technology positions, although specific release dates are not disclosed. Additionally, Efield AB is targeting expansion into new markets beyond Vietnam to tap into emerging tech hubs in Southeast Asia by the end of 2023.


The recent funding will support these initiatives, enabling the company to effectively address the growing needs of both job seekers and employers in these regions.


Primary Industry

Software

Sub Industries

Engineering Software

Website

www.efieldsolutions.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.