Beetween raises €2 million to put people back at the centre of recruitment
Beetween has just raised 2 million euros from Inter Invest Capital. Thanks to this investment, Beetween will double its workforce within 12 months and accelerate the development of HR innovations in France and abroad.
The company’s projects
Since 2017, Beetween has experienced uninterrupted growth of +100% per year. Between 2018 and 2020, the number of employees has increased by five times. The company now has 35 employees, including 15 developers, divided between two offices in Rennes and the Paris region. Beetween has more than 4,000 daily users in 320 client companies. Thanks to the support of Inter Invest Capital, Beetween intends to launch several development projects:
- Accelerate sales significantly by doubling its workforce in the second half of 2021.
- Open new offices in France and abroad to be closer to its customers.
- Strengthen the R&D division to keep up the pace of HR innovations.
- Initiate external growth strategies to position itself as a market leader.
Accompanying recruiters to change
According to a 2019 study by the reference site RegionsJob, nearly one in two recruiters uses recruitment software, particularly to improve the quality of hiring processes. However, according to the same study, 62% of candidates do not get any feedback when they apply for jobs. While employers have managed to adapt to new technologies and new ways of searching for a job, taking into account the behaviour and expectations of candidates remains problematic.
Beetween allows us to respond to the major challenges of digital transformation and the quality of the candidate experience. Thanks to its customizable and agile full cloud SaaS solution, Beetween supports employers in their projects and facilitates the path of candidates to employment.
“Our investors at Inter Invest Capital have chosen to trust Beetween to bring innovation to the digital recruitment market. This trust reinforces our vision of a market that must put the human at the center of recruitment: HR professionals, managers and especially candidates will share more information thanks to the intelligence we develop in our solutions.”
Philippe de Rosnay
Co-founder and CEO of Beetween
“We are proud to support Beetween, a recognised and innovative player in the HR Tech sector in its development in France and internationally. We were won over by the quality of the teams, the innovative value proposition of the solution in a deep and changing market, and the company’s sound economic fundamentals (recurring revenues, continuous turnover growth, structural profitability).”
Managing Partner Inter Invest Capital
About Inter Invest Capital
Approved by the AMF under no. GP-15000006, Inter Invest Capital invests in the capital of fast-growing French startups with sound economic fundamentals, positioned in innovative markets and led by ambitious entrepreneurs. With more than €150 million under management, Inter Invest Capital has more than 60 companies in its portfolio at the end of May 2021 and is a signatory of the UN Principles for Responsible Investment (PRI).