AAA Revelo revs up with more Seek funding

Revelo revs up with more Seek funding

Brazil-based online recruitment platform Revelo has secured R$70m ($16.8m) in funding from investors including human resources firm Seek, Reuters has reported.

The round was led by International Finance Corporation (IFC), the private investment arm of the World Bank, and it also featured Dalus Capital, FJLabs and Valor Capital.

Founded in 2015, Revelo runs an online platform where users can upload their resumes for perusal by the company’s corporate customers who then contact them to offer interviews. It also offers users help with interview preparation.

The capital will be used for international expansion and technology development as Revelo seeks to boost its partnerships with universities and other education providers.

Valor Capital led a $4.6m round for the company in late 2017 that also featured Seek, after Social Capital, Graph Ventures and assorted angel investors supplied an undisclosed amount of seed capital two years earlier.

By Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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