Overview

HeyJobs runs a career platform that connects employers with candidates for essential, non-academic roles. It uses technology to match job seekers with employers, aiming to streamline recruitment for industries like logistics, production, and retail where non-academic workers are common. Unlike general job boards, HeyJobs focuses on the non-academic workforce within the German-speaking market and builds a large talent pool for its clients, charging employers only when a hire is made (a performance-based model). This approach aligns its revenue with successful placements and emphasizes efficiency for employers. The company’s goal is to become the leading, efficient hiring platform for non-academic talent in Germany, Austria, and Switzerland.

Simplify's Take

What believers are saying

• Raised $47M Series B in March 2022 led by Digital+ and FMZ Ventures.
• Serves major clients like Sky, PayPal, Allianz; 750,000 jobs placed.
• AI platform on AWS supports thousands of businesses, 100,000+ candidates.

What critics are saying

• Personio's AI module captures 10,000+ German SMEs in 6-12 months.
• StepStone undercuts pricing in Austria, Switzerland per Q1 2026 earnings.
• EU AI Act fines €20M+ halt operations for opaque algorithms in 6-12 months.

What makes HeyJobs unique

• HeyJobs targets non-academic professions in logistics, production, retail using AI matching.
• Performance-based revenue charges employers only for successful hires since 2016.
• Self-learning ML algorithm optimizes job ads across boards and social media.

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Funding

Total Funding

$52.5M

Meets

Industry Average

Funded Over

3 Rounds

$38,500,000

Series B

Mar 2022

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$38.5M

$45M

$65M

$100M

View all funding stages