Budapest-based Qneiform, an HR software platform provider, has raised €3M in a seed funding round led by PROfounders and Day1 Capital.
Based out of London, PROfounders Capital is a venture capital firm focused on investing in early-stage technology-enabled businesses across Europe.
“Almost every company in the world sees hiring as a priority and yet precious few take a data-driven approach to understanding their market for talent,” says Joe Bond, Partner at PROfounders Capital. “We see Qneiform becoming the de facto starting point for any firm engaging in high-value recruitment or seeking to improve their talent strategy.”
Existing investors, including Keen Ventures and DFF Ventures, also participated in the round.
The Hungarian company will use the funds to improve its data models and platform.
They also plan to expand beyond finance, helping any organisation connect hiring decisions to business results and find the right candidate.
Qneiform: Employee intelligence platform
Founded in 2022, Qneiform has developed one of the most comprehensive datasets for financial service candidates.
The company combines its proprietary candidate data with expert research specific to the industry, enabling recruiters to gain immediate, global visibility into available talent.
This capability allows recruiters to identify the most suitable candidates within seconds and to gain insights into talent movement trends on a market or competitor level.
The company’s technology consolidates all available information about talent into a single, reliable source.
It provides objective metrics related to organisations’ hiring needs and capacity to attract, retain, and develop employees.
With this insight, companies can identify potential hires and consider alternative options.
“A perfect talent search engine can process and understand every relevant datapoint in the world, so any organisation can be understood instantly in granular detail,” said Thomas Percy, CEO and founder of Qneiform. “That is where Qneiform is headed.”
