Stepsconnect, a startup that has developed a recruiting platform that helps companies quickly find qualified candidates thanks to an innovative candidate experience, announces that it has closed a €1 million investment round, underwritten by the pool of investors formed by 40Jemz Ventures, Eden Ventures by IAG, Maggioli Ventures, Moffu Labs, GĔNĔRAS Corporate, Moonstone Fund, KF-Invest and Enzima12 and strategic business angels : Emiliano Maria Cappuccitti, Gianpaolo Naef, Massimo Cioffi, Dino Caprioni, Massimo Pagnetti, experts in the HR sector. Stepsconnect offers an innovative solution to the challenges of today’s recruiting, via a multi-channel digital platform that helps companies’ HR teams quickly find qualified GenZ and Millennials candidates. The platform is based on a job post and candidate matching algorithm that improves the quality of applications analyzed by recruiters, making ads more attractive, allowing candidates to search for jobs more efficiently and keeping the social channel as one of its distinctive elements on the market, along with AI to support talent acquisition. Candidates can register on the platform for free by entering their information and, where possible, their experience and skills without having to resort to precise job title keywords, and receive profiled offers ad hoc for their profile. Furthermore, all job advertisements have a very clear and understandable structure in which you can find all the information, from the required skills, to the RAL and benefits. Stepsconnect thus differentiates itself from other platforms thanks to its candidate experience, since it is the platform itself that suggests offers based on the person’s profile, facilitating the association between supply and demand and at the same time constituting a tool for recruiters to support talent attraction strategies, directly integrated into the company’s ATS, so as to manage everything from a single point. Stepsconnect specialises in the retail, large-scale, hospitality and fashion verticals, which have a high staff turnover, and uses a multichannel strategy. StepsConnect now collaborates with about seventy organizations, including Roadhouse at Mediaset and Gruppo Vegè, Rinascente and Autoguidovie and 70 thousand candidates in just one year. With the capital increase, it aims to maintain the monthly growth of 2023, increasing turnover volumes, and expand its headcount, integrating the sales, customer success and development team. Another fundamental objective is the foreign market: to start activating the first foreign customers following the product-led strategy used to open Italy. “For decades, the job market and the application/selection process has not evolved, increasingly shaking off the needs of the new generations. Stepsconnect is a fresh and more relevant solution than ever that has the ambition to bridge this gap. We are excited to support Matteo and his team in this innovative adventure. We continue to search for the next startups to invest in, which solve the problems of all time in an innovative way and improve the efficiency of processes with intelligence and innovation,” says David Erba, co-managing partner of 40Jemz Ventures, in a statement.
Platform growth and internationalization
There are three founders of Stepsconnect: Matteo Trovò, Anton Morale and Nicolò Caruzzo. The intuition comes from the challenge developed by Nestlé, specifically a pre-interview gamification platform used to classify the junior candidate through a business game: hence the idea behind Stepsconnect took shape and was born in September 2022. “The idea of Stepsconnect was born in 2022, the result of interviews and customer scientific investigations carried out on users of our first platform. As a team, we have been working together for several years and our bond is very strong, as are the values that move us and the shared interest in complex problems. When we started, we knew we wanted to do something big, but in the middle of the pandemic, the thing that was most useful to us was developing platforms for customers.”, says Matteo Trovò, CEO of the company. “We are riding the wave of digital transformation in the Italian market: HRtech is becoming increasingly important and the numbers are proving it thanks to the growth it is experiencing today. In the last ten years, we have realized that HR has never evolved and today our product wants to be a moment of contact to give an answer to a market that is transforming, a vertical, concrete and fast response,” says Denis Balbo, head of sales. Stepsconnect is preparing for a seed round in the coming months: the goal is to speed up the expansion of the foreign countries that they are testing in recent months and invest in the optimization of a product capable of going deeper and deeper into the recruiting process.
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