Coople operates an algorithm-driven on-demand hiring platform that matches workers to roles based on location, availability, experience and ratings. The platform provides end-to-end HR automation spanning planning, recruiting, onboarding, workforce management, payroll and payments. Coople says it serves as a source of flexible, high-quality work for many users who now rely on the platform for a large part of their income. The company reports 400,000 registered job seekers and over 20,000 registered companies, primarily in the Swiss and British markets. Coople has raised $76 million to date and will use new funding to further automate its online platform and expand within existing markets. The Series C proceeds will also finance launches in the Netherlands and one other unnamed international region. Coople operates an on-demand staffing platform that uses an algorithm to match workers to flexible jobs based on experience, star-rating, location and availability. Its platform provides end-to-end automation across planning, recruiting, onboarding, hiring, workforce management, payroll processing and payments. Launched in 2009 and based in Zürich, the company currently operates in Switzerland and the UK and works with over 310,000 registered workers and over 14,000 registered businesses. Coople supplies workers to blue-chip clients and large events, including Deliveroo, Inditex, Intercontinental Hotels, Four Seasons Hotels & Resorts, the Royal Automobile Club and events such as the Silverstone Formula 1 Grand Prix and Coldplay concerts. The company raised US$21m in the announced funding and intends to use the capital to invest in product and technology innovation, recruitment and continued expansion in Switzerland and the UK ahead of further international expansion. To date Coople has raised US$45m following investments from One Peak Partners, Goldman Sachs Private Capital, Rothschild Paris Orléans and angel investors. Staff Finder is an on-demand marketplace that helps businesses find temporary workers to cover immediate hourly or daily staffing needs. The platform claims 98% of job requests are filled within four hours and currently works with more than 5,000 customers. It targets hospitality, events & promotion, retail, logistics, business services and office sectors. Founded in 2011 and based in Zurich, the company says the new capital will be used for international expansion, including a full launch in the U.K. and building out a product team in London. This funding represents its first institutional investment and is intended to support scaling in major cities worldwide. CEO Viktor Calabrò said the company aims to become the first truly global on-demand staffing marketplace.

Total raised

$75M

Funding rounds

3

Latest round

Series C

Latest activity

Oct 2019