Funding News
Certif-ID raises 1.6 million in Seed Funding to digitise skilled manpower recruitment
Certif-ID International GmbH, a blockchain-based ‘Future of Work’ platform for international skilled professionals, has successfully closed a seed financing of 1.6 million Euro led by NRW-Bank and the angel investors Andreas Weinberger, Malte Pollmann (Supervisory Board Utimaco Group), J rg Will (Partner at IFP Executive Search) and Michael Bernh rster (Head of Advisory, Schilling Group).
ith the continued support of T V Rheinland, Certif-ID plans to use the funds to expand its activities in Asia and Europe and to further develop its technology platform. Tim Miller, Co-Founder and CEO of Certif-ID said, “The demand for skilled manpower across the world has never been stronger. Yet the recruitment, skill verification and visa issuance processes are slow to adapt. The urgent need to automate and digitise these processes is crucial to minimise any adverse economic impact. ” Markus Dohm, Certif-ID’s second Co-Founder, added, “We are also thrilled to be supported by NRW-Bank with their relaunched NRW.SeedCap program.”
Also read: Rs 611 crore allocated to incubators under startup seed fund scheme so far
Certif-ID focuses on automating and digitising the recruitment process to verify skills and issue visas for internationally skilled professionals, particularly in healthcare, engineering, and logistics. The company’s TalentSure product line has more than 300,000 registered users from 32 countries and offers 16,000 job offers. The platform uses blockchain technology to bring transparency and trust to candidates’ application documents. Certif-ID also offers a second product line, CredSure, which is a SaaS platform that supports companies in digitising credentials and anchoring them to blockchain for instant verification. Education providers issue digital badges to their graduates, which can be used to showcase and verify their newly acquired competencies that match industry demand.
Pingback: Aviation regulator DGCA issues show cause notice to Go First