Shortlist, Kenyan recruiting startup gets Sh200m financing

Shortlist, Kenyan recruiting startup gets Sh200m financing

May 23, 2019 0 By mykenyancareers

SHORTLIST - Shortlist, Kenyan recruiting startup gets Sh200m financing

NAIROBI, Kenya, Jan 29 –  Shortlist, the online platform connecting African employers to vetted top talent, has closed its $2 million Series A financing led by Blue Haven Ventures, with participation from Zephyr Acorn, Compass Venture Capital, Potencia Ventures, and others.

Shortlist combines technology and human touch to understand job-seekers’ skills, attitude, and motivation, fueling better hiring outcomes for employers across East Africa.

Shortlist will use the funds to expand outreach to job seekers, improve its algorithmic matching, and expand geographically.

“We are helping Kenyan companies hire better candidates, faster, by ditching the CV in favour of truly meaningful candidate data. This funding enables us to further our work connecting employers with the best talent in the market,” says Ariane Fisher, Managing Director of Shortlist East Africa.

Companies across Africa consistently rank human capital as a top business challenge and a barrier to growth.

Since its launch in 2016, Shortlist has screened over 400,000 candidates for over 300 clients ranging from startups to international corporations, including Africa’s Talking, Jumia, M-KOPA, Shell, Twiga Foods, and Uber Eats.

Currently operating in Kenya and India, the company plans to expand its footprint within and beyond East Africa in 2019.

Shortlist has previously received funding from AHL Venture Partners, Shell Foundation, and University Ventures, and was a winner of the ANDE-Argidius Talent Challenge.

The company was recently shortlisted in the ‘Companies to Inspire Africa 2019’ report published by the London Stock Exchange.