Recruitee grows with a 300% increase in monthly recurring revenue
Amsterdam, NL – January 30, 2018 – As one of the fastest growing SaaS startups in the Netherlands, Recruitee the recruitment software company saw a successful 2017 with over 300% growth in monthly recurring revenue.
The team at Recruitee grew from 10 to 25 members in 2017 and is set to exceed 50 by the end of this year. Their efforts have helped the company acquire some prominent users including Hudson’s Bay, Greenpeace, Rackspace, and Scotch & Soda.
Given Recruitee’s growth rate, the management has decided to take the opportunity to buy the shares of its early-stage private equity investors – Robert Pijselman, Luc Brandts, and Aik Deveneijns – in order to best set the stage for the next phase of the company’s growth. Only Deveneijns retains a small stake; the founders continue to control the company’s shares.
“We have seen an amazing performance by the Recruitee team in a short period of time. It makes us proud to see that the company has been very stable from a financial and operational perspective. Recruitee is now capable of thriving on its own with a solid balance sheet and a cash-generating operation. External investors are no longer a must to fuel its growth,” said Robert Pijselman, former CEO at Nasdaq BWise and private equity investor.
“We would like to thank Luc, Robert, and Aik for helping us pursue our ambitions with Recruitee. We are grateful and glad to continue with their moral support as we seek to further scale this business,” said Perry Oostdam, co-founder and CEO at Recruitee.
As the company transitions from startup to scale-up, Recruitee seeks to enact its vision of revolutionizing the recruitment industry and to welcome all opportunities and challenges that come with it.
Recruitee is a collaborative hiring platform for teams of all sizes. From employer branding, job promoting, talent sourcing, to applicant tracking, Recruitee helps teams streamline their hiring efforts and stay efficient while selecting the right candidates. G2 Crowd named Recruitee one of the top B2B tech companies in the Netherlands. Based in Amsterdam and Poznan, Recruitee is quickly becoming the industry standard for fast-growing companies around the world. Recruitee’s clients include Greenpeace, Usabilla, Hudson’s Bay, and Rackspace.
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