Newcastle based Haystack has raised £500,000 from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia, as it seeks to expand overseas. Haystack was launched in 2020 during the pandemic by former recruiter Chris Bone and software developers Mike Davies and Rob Simmons to help tech workers make more informed career decisions.
The company uses advanced matching technology to help more companies and tech workers hire smartly and find their ideal roles, using an algorithm to match individuals with suitable roles, removing the need for recruitment agencies. The platform enables developers, data engineers and other tech professionals to view job opportunities in confidence and find out more about the companies, or simply assess the state of the jobs market. Candidates can choose to withhold their details or alternatively create a profile for employers to view.
The firm, winner of the North East newcomer of the year 2021, raised more than £1m in seed funding a year ago to develop its platform.
