Welcome to the Jungle, specializing in employer brand management and recruitment, announced on Monday January 22 that it had completed the acquisition of Otta, a British platform dedicated to job searches. This investment aims to strengthen the job search experience offered by Welcome to the Jungle, expand its presence in Europe and open prospects in the United States in 2024.
Welcome to the Jungle is once again starting the year off with a bang. After announcing a fundraising of 50 million euros on January 23, 2023, the media platform informed a year later of the acquisition of Otta, a British site dedicated to job searches.
Created in 2019, the latter notably imagined a cutting-edge “job matching” algorithm, giving more power to candidates to find jobs truly made for them. It also has almost two million users spread across the UK, US and Europe. The British digital solution is today considered one of the reference platforms for the tech and start-up sector in the United Kingdom.
2024 will therefore be a year dedicated to the development of new markets and the implementation of more sustainable work, reaching a greater number of candidates and companies, beyond borders. Thanks to this acquisition, the French start-up will be able to strengthen its presence in Europe since the United Kingdom represents the third largest labor market with no less than 185,000 start-ups and scale-ups looking for the best talent.
And if Europe is not a discovery, the United States is indeed a novelty for the French employment guide 2.0. Thanks to Otta, Welcome to the Jungle is setting out to conquer the American market, an objective already announced at the beginning of last year when closing its 50 million euro Series C round. to establish and develop in this strategic market. And for good reason, 70% of applications on Otta already come from the United States. Enough to give yourself the means to make your American dream come true.
This article is originally published on lamontagne.fr
