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Austria.
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Fresh capital injection for the Viennese HR startups JobRocker and firstbird

firstbrid's founding team © firstbird

firstbird got EUR 2 million in risk capital from existing and new investors. The lead investors were the former investor JobCloud AG (operator of the Swiss online job market jobs.ch) and private business angels, along with the new investor, namely the venture capital network investiere.ch and the European Super Angels Club (ESAC). In 2016 the startup already attracted EUR 1.25 million in two rounds of financing. With the money it raised, the company established in 2013 wants to further expands its business in the DACH region of European (Germany, Austria, Switzerland). firstbird is one of several Viennese startups offering technological solutions in the field of human resources and specialized in digital employee recommendations. Customers of firstbird include Deloitte, Deutsche Telekom, Roland Berger and SIXT.

JobRocker already concluded a round of financing in November 2017 to the amount of more than EUR 1 million. Surplus, lead investor of the Series A round, contributed another EUR 1 million in capital. Münchner VC  Surplus Invest now owns a 20 percent stake in the company, and the founders still have a shareholding of about 70 percent. According to JobRocker, the underlying reason for the additional investment is that the potential of the German and Swiss markets is bigger than expected. 

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Located in the heart of Europe, Austria offers an optimal base for our internationally orientated business. The great funding options as well as the support of institutions such as ABA – Invest in Austria and the Vienna Business Agency have turned out to be real USPs for the business location Austria. More and more skilled workers are drawn to Austria, because of it’s high living standard. This has helped us tremendously finding highly qualified employees for our company. We feel right at home within the steadily growing international ecosystem and easily built a network with local parties. One can feel the spirit and the will to grow into a bigger startup hub like Germany or Sweden. We hope, that by sharing our positive experiences, we can help attract more global talent to come to Austria.

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