Joveo
Date | Investors | Amount | Round |
---|---|---|---|
* | $5.0m | Series A | |
$12.5m | Series B | ||
Total Funding | AUD27.0m |
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EditJoveo operates in the recruitment technology market, providing an AI-powered programmatic job advertising platform designed to optimize talent sourcing for various clients including recruitment marketing agencies, direct employers, gig economy companies, large staffing agencies, and global Recruitment Process Outsourcing (RPO) firms. The platform, known as Machine Optimized Jobs (MOJO), automates job advertising campaigns, ensuring that job ads reach the right candidates efficiently. By leveraging data and advanced algorithms, Joveo helps clients reduce media spend while increasing the number of suitable applicants in their recruitment funnels. The business model is primarily subscription-based, where clients pay for access to the platform and its features. Revenue is generated through these subscriptions and possibly through additional services such as premium features or consulting. Joveo's core value proposition lies in eliminating the inefficiencies of traditional job advertising methods, providing a seamless and scalable solution for job postings, and enhancing the overall recruitment process.
Keywords: AI, programmatic advertising, recruitment, talent sourcing, job advertising, automation, data-driven, staffing agencies, gig economy, MOJO.