Workhound raises £100k for jobs aggregator

Workhound, a recruitment aggregator startup, has raised £100,000 in first round funding from angel private investors. It currently lists over 700,000 vacancies across some 1,300 recruitment sites and offers contextual search, data mining, bookmarking and salary tracking. Founder Howard Lee maintains that since no UK job site has more than 5% market share – even though recruitment advertising captures 24% of all search marketing spend – the gap in the market is waiting to be filled by aggregators like Workhound. Lee ought to know his onions – he is former Head of Internet Operations for TSL Education Ltd, the biggest specialist employment site in the UK aimed at teachers. Here’s their release.