The investment team of Randstad Innovation Fund (RIF), a corporate venturing vehicle for Netherlands-based human resources firm Randstad, has founded a venture capital firm dubbed Taptrove Ventures.
RIF managing partners Paul Jacquin and Ilonka Jankovich, who jointly featured on Global Corporate Venturing’s Powerlist in 2018 and 2019, are overseeing the new fund, having been joined by principal Florian Chilla, an investment manager at RIF.
RIF’s last publicly revealed investment was a follow-on deal of undisclosed size for online meeting software developer Brazen Technologies in October 2019. Jankovich, Jacquin and Chilla will continue to manage the RIF portfolio and Randstad has agreed to take a limited partner position at the newly formed firm.
Taptrove’s target area is slightly wider than that of RIF and extends to developers of big data technology that can inform all areas surrounding the workplace.
Jankovich told Global Corporate Venturing: “Taptrove Ventures backs data-driven startups that revolutionise the workplace. The focus will be in worktech startups providing solutions to boost productivity, enable a distributed workforce and improve professional journeys.
“The investment thesis is broader than the Randstad Innovation Fund and will include subsegment of edtech, fintech and healthtech which are work related.”
This article was amended on September 7, 2020 to reflect the current status of Taptrove Ventures’ founding team at Randstad Innovation Fund.
