Zurich-based Staff Finder, Europe’s #1 on-demand marketplace for temporary staffing, raised €20 million in a growth equity funding round led by One Peak Partners and Goldman Sachs (NYSE: GS) Private Capital. The investment will help the company accelerate its international expansion strategy and support its product development roadmap.
Staff Finder’s cross-device software platform enables businesses to find temporary workers to cover immediate hourly or daily staffing needs around the clock. 98% of all job requests are filled within 4 hours from creation, thereby enabling businesses to manage unpredictability and flexibly respond to staff shortages and peak demand. The company’s suite of mobile and web apps disrupts the traditional staffing market with a fully automated end-to-end solution, combining enterprise-grade technology with an intuitive user experience.
Staff Finder transforms the way its customers manage their workforce and significantly reduces staffing costs from day 1, while workers love the flexibility and additional income they can generate through the platform. Founded in 2011, the company has offices in London, Zurich and Lausanne and focuses on the hospitality, events & promotion, retail, logistics, business services and office sectors.
“We are thrilled to partner up with One Peak and Goldman Sachs”, commented Viktor Calabrò, founder and CEO of Staff Finder. “This is a significant milestone in Staff Finder’s history and the beginning of an exciting new era for the company. We envisage becoming the first truly global on-demand staffing marketplace, providing businesses in major cities around the world with a technology solution that fits their needs. Today, we already work with more than 5,000 customers and are scaling rapidly with the support and operational guidance of our investors.”
“One Peak is delighted to lead Staff Finder’s first institutional investment round together with Goldman Sachs. We are impressed with the rapid growth of the business and its exceptional technology platform,” said David Klein and Humbert de Liedekerke, co-founders and managing partners of One Peak. “We look forward to supporting the company with its international roll-out strategy and believe that it has all the right ingredients to become a category-defining market leader.”
“Staff Finder provides a powerful solution by using technology to match job seekers and employers,” said Christian Resch, executive director of Goldman Sachs Private Capital. “We are excited to partner with Staff Finder’s management.”
One Peak is a specialist private equity firm investing in growth stage technology and tech-enabled companies. One Peak provides growth capital to exceptional entrepreneurs, with a view to transform innovative and rapidly growing businesses into lasting, category-defining industry leaders. The firm is backed by a group of well-reputed family offices, and is headquartered in London.
Prior to co-founding One Peak, David Klein was a senior investment professional at growth equity fund Summit Partners in London where he was responsible for sourcing and executing technology and healthcare investments across Europe and Israel. He also led technology investments at Morgan Stanley Principal Investments. Prior to One Peak, Humbert de Liedekerke was a senior investment professional at growth equity fund AnaCap Financial Partners in London where he was responsible for tech-enabled financial services investments across Europe. He also led financial technology and healthcare investments at Morgan Stanley Principal Investments.
Goldman Sachs Private Capital provides long term capital to growth and middle-market companies. The group focuses on investing as a lead or minority investor and can provide both equity and debt financing. The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.