RAMP Global, the global talent acquisition platform empowering employers to instantly engage and contract with agency suppliers to source candidates, has announced $1 million in new funding as it scales its software development and product capabilities.
The private funding round has enabled RAMP Global to substantially grow its European software development team, growing it eight-fold in the last year, and open a new office in Poprad, Slovakia.
Founded in 2010, RAMP Global, which has its HQ in London, is a SaaS-powered recruitment agency management platform saving enterprises time and money in their search for the best global talent.
Working with leading global enterprises across professional and financial services, including AIG, Siemens and Macquarie, RAMP Global supports HR, procurement and finance departments by streamlining the candidate supply chain, increasing access to talent and reducing hiring costs by more than 20%.
In the last 12 months alone, RAMP Global has doubled the size of its workforce to 25 people, increased its recruitment agency supplier network from 16,000 to 23,000, filled roles in more than 50 countries, up from 20 one year ago, and has extended its offering to include the supply and management of temporary workers. Enterprise employers now have easy and cost-effective access to a truly global and diverse talent pool across a wide range of specialist areas and scarce skills.
RAMP Global’s success rate in matching agency supplier to fill vacant roles has also significantly increased in the last 12 months, up from a fill rate of 62% in 2021 to 76% by the end of 2022.
“We’re delighted to announce this latest funding round which has allowed us to further expand our software team and ramp up product development in response to increasing client demand”, said John Paul Caffery, founder and CEO of RAMP Global.
“In a fast-moving recruitment landscape, with mass lay-offs from global tech firms dominating the agenda, it’s never been more important for employers to adopt a strategic, agile approach to hiring talent. This year we expect employers to look further afield for talent, hiring and acquiring skills internationally, made easier by digitalisation. We would like to thank our existing investors for their continued support as we scale the business in line with this demand.”