Investors fund Spanish job site BeWanted

31 Oct 2016

Spanish recruitment site BeWanted, formerly Alumni Global Search, raised €600,000 ($660,000 U.S.) from various business angels. The platform, founded by Juan Torroba of executive recruitment firm Acheron Partners, is designed to help university students and recent-graduates find their first jobs.

This new round is the first funding the company has taken since Alumni Global Search was rebranded to BeWanted in May 2016 – three years after launching in 2013. According to Crunchbase, it took $300,000 in seed funding in September 2015.

The platform’s key feature is that it matches candidates with potential roles via its Job Rank algorithmbewanted. Students or recent-graduates create profiles outlining their studies, experience, desired jobs and geographical preferences. The algorithm looks for placements and alerts the recruiter of suitable candidates. The companies can then contact the candidate to begin the selection process.

BeWanted also offers candidates a dashboard to track offers and manage their searches.

According to the BeWanted website, the company has an office in Mexico, in addition to its Madrid headquarters. It says it has over 95,000 registered users and more than 500 companies across all sectors.

Reporting on the new investment, Loogic noted that it has worked with more than 2,000 companies and facilitated around 175,000 “invitations to participate in the [job] selection process”.

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Cila Warncke

Cila joined AIM Group in 2014 as writer/analyst for Spain. An Anglo-American living in Ibiza, she brings extensive international writing and consulting experience to the role. Educated at University of Pennsylvania (BA) and Glasgow University (MLitt), she has worked for wide range of consumer and B2B publications and companies in Europe and the USA, writing on topics ranging from marketing to travel to music to ultra-marathoning. She uses her writing, research and analytical skills to help clients tell their stories, grow their business, reach new audiences, build loyalty and exploit new media channels. Cila is also an award-winning essayist, creative writer and founder of Creative Writing Ibiza.

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