BraveNewTalent secures funding round from Northzone and Angels to power-up growth

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BraveNewTalent, the ‘social recruitment’ platform, has secured an undisclosed amount of venture capital funding from Northzone Ventures and two angels noted for their experience in the recruiting industry: Pierce Casey and Mike Bourne. However, we understand the funding puts the startup within site of a full Series A round, with a further round of funding-raising in the offing.

Lucian Tarnowski, BraveNewTalent’s Founder & CEO said the investment would be used to hire and scale in the US market. BraveNewTalent already has a network of corporate clients starting in London which has brought in revenues and pushed the startup towards profitability already. Clients include IBM, Tesco, L’Oreal and McAfee.

Northzone, one of Europe’s leading venture funds which invested in Spotify and Lastminute.com, has experience in this market, previously backing Stepstone, the recruitment site launched during the dotcom boom.

As part of the investment, Bjorn Stray, co-founder and partner at Northzone will be joining the BraveNewTalent board. Stray was on the board of Stepstone between 1996 and 2009. Stray calls BraveNewTalent a potential “billion dollar market leader.”

On top of Northzone’s unique experience, BraveNewTalent is bringing on Pierce Casey and Mike Bourne as angel investors. Casey is a serial private investor in the recruitment sector, was co-founder of Walker Hamill and Imprint PLC and is currently chairman of Norman Broadbent. He’s also a former director of Apax Partners and Alchemy Venture Partners.

BraveNewTalent competes with BranchOut, a Facebook application that works out where your friends, and friends of friends – (and rather annoyingly seems to spam your Facebook wall). BranchOutsecured $6m from Accel, among others. BNT also competes with JIBE, Superscout and Emp.ly – however one of these quite have the focus BNT has on the needs of employers.

BNT recently launched a new Facebook app (here). This builds your professional profile but instead of letting potential employers see all your embarrassing Facebook profile photos, it gives them access to what they need to know about you – your education, work history and current employer – while you get to see information about them and also, more interestingly, stats on your friends.

  • Steve

    mugs

  • http://whatleydude.com James Whatley

    Good job, keep hearing about BNT *everywhere* — p’raps they’re onto something :)

  • http://jetlib.com/news/2011/02/02/bravenewtalent-secures-funding-from-northzone-and-angels-to-aim-at-u-s/ BraveNewTalent Secures Funding From Northzone And Angels To Aim At U.S. | JetLib News

    […] Read the rest of this entry » […]

  • http://trendoloji.com/?p=1083 BraveNewTalent At Amaç için Northzone Ve Angels düşük US Finansman Korur

    […] Read the rest of this entry » […]

  • Michelle

    Congrats to Lucian and team.

  • http://startupcafe.co.uk/2011/02/02/bravenewtalent-secures-another-funding-round/ BraveNewTalent secures another funding round « StartupCafe

    […] via TechCrunch […]

  • Adrian James

    Great to see them getting some more investment to be able to rise above the annoying BranchOut

  • http://www.facebook.com/stefan.menden Stefan Menden

    Another competitor in the market is the profitable Germany-based squeaker.net (www.squeaker.net) which has over 100 tier-1 employers and universities as clients, publishes career guidebooks and is poised to launch internationally with their career social network focused on top-talent.

    • TheRealWorld

      ..hmmm… wouldn’t happen to be the CEO of that company yourself would you?!

  • Fcvtech

    abc

  • http://www.facebook.com/profile.php?id=635760922 Michal Dudek

    Nice, congratulations to Lucian and the whole team ;) Awesome to see that you’re making it ;)

  • http://www.facebook.com/profile.php?id=635760922 Michal Dudek

    Nice, congratulations to Lucian and the whole team ;) Awesome to see that you’re making it ;)

  • Andy S

    Superb news – congratulations – great team with great vision – keep it up!

    • A GobSmacked Observer

      you are either a fool or in the employ of BraveNewTalent (and I would imagine the latter).

      This is a business that has been running for over 3 years and has a paying client base of clients, I believe, that isn’t even in double digits, 670 using the app + 555 people connected to the business page. This isn’t a business – it’s a VC propped up bag of wind & hot air.

      And yes you’ve been hearing about it – because that’s all they do. In reality if Lucian were to switch to PR he’d make a killing (in the “actual billing something” sense – not the “insane/greedy VCs not actually seeing the company for what it is – or indeed isn’t”), but this is nothing short of lunacy and in the same vein as the headless greed that created the dot com bubble previously.

  • TheRealWorld

    BraveNewTalent is equally as innovative as Facebook, Google or Microsoft. In ten years people will look back and agree that, quite literally, BraveNewTalent revolutionised all modern thinking. To say BraveNewTalent is a potential “Billion Dollar Market Leader” as quoted above is inaccurate. This could quite easily be a Trillion Dollar website. I’ve even heard that Bill Gates is trying to buy 10% in BraveNewTalent for 800 Million Dollars, which he considers to be a steal, and it is. The best thing about BraveNewTalent is the business model, which is incredible. Though I don’t understand how BraveNewTalent works, or why it’s useful, or why anyone would need it, what I do understand is that it is incredible. I keep hearing about BraveNewTalent in the press and on Techcrunch, which proves it is remarkable. I always trust the opinion of others, which is why I know, that BraveNewTalent is brilliant.

  • Cyril

    This guy lucian is well worth watching. It has had us all in stitches. The guy has his own site (of course) and leads with a video of him being interviewed. It is brilliant. Particularly recommend you see his insight at 3.29. We just keep watching that one over and over….
    http://www.luciantarnowski.com/
    Thank-you Lucian. Please keep at it.
    PS Do you know someone called Julie Meyer? Wears red blouses?

  • Not another Celebrity CEO

    Another ruling class schmuk running a ‘start up’ or should I say another celebrity CEO. This guy needs to read some of Mark Suster’s posts. I see this kid at so many events, I never hear about him running the company or working on his business or I just see him update his twitter/facebook about him going on holiday. Another pseudo entrepreneur. The product offering isn’t even useful. How successful has this thing even come close to matching employers and applicants. I don’t places like GS, L’Oreal or Tesco need to know ‘who wants to apply?’ they get stacks and stack of applications. Is this thing even generating revenue? Profit?

    Whats the point of it all?

  • http://www.insidefacebook.com/2011/02/05/facebook-roundup-hq-congress-privacy-deals-ebay-gmail-messenger-super-bowl/ Facebook Roundup: Birthday, Congress, New HQ, Privacy, Deals, eBay, Gmail, and Messenger

    […] application BraveNewTalent secured an undisclosed amount of funding this week, according to TechCrunch. The venture capital funding from Northzone Ventures, Pierce Casey and Mike Bourne is set to be […]

  • http://andybearden.com/facebook-roundup-birthday-congress-new-hq-privacy-deals-ebay-gmail-and-messenger/ Facebook Roundup: Birthday, Congress, New HQ, Privacy, Deals, eBay, Gmail, and Messenger | Andy Bearden

    […] application BraveNewTalent secured an undisclosed amount of funding this week, according to TechCrunch. The venture capital funding from Northzone Ventures, Pierce Casey and Mike Bourne is set to be […]

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