City
Epaper

Certif-ID raises 1.6 million Euro in Seed Funding to digitise skilled manpower recruitment

By ANI | Published: May 02, 2023 5:07 PM

Cologne [Germany]/Bangalore (Karnataka) [India], May 2 (/PRNewswire): Certif-ID International GmbH, a blockchain-based 'Future of Work' platform for international skilled ...

Open in App

Cologne [Germany]/Bangalore (Karnataka) [India], May 2 (/PRNewswire): 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), Jorg Will (Partner at IFP Executive Search) and Michael Bernhorster (Head of Advisory, Schilling Group). With the continued support of TUV 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."

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 compes 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.

Certif-ID is a leading provider of innovative technology solutions that build trust in International technical recruitment. Our technology and service portfolio digitises credentials, builds verifiable talent pipelines, automates skill recognition and minimises cross-border recruitment efforts.

TalentSure by Certif-ID is a platform that connects verified professionals with employers, streamlines recruitment and automates processes.

CredSure by Certif-ID is a SaaS platform that supports compes in digitising their certificates and opening up a modern way of digital communication for graduates via badges.

Certif-ID was founded in 2020 in Cologne and employs 20 people in India and Germany.

This story is provided by PRNewswire. will not be responsible in any way for the content of this article. (/PRNewswire)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: CologneNrw-bankSupervisory board utimaco groupAndreas weinbergerMalte pollmannbangaloreBangalore CentralBangalore NorthBangalore SouthBangalore RuralRoyal Challengers BangaloreBangalore FortMumbai BangaloreBangalore International Airport LtdBangalore United
Open in App

Related Stories

NationalLok Sabha Election 2024: Polling Stations in Bangalore Rural and Mysore Constituencies to Be Webcast, Says EC

NationalKarnataka Lok Sabha Elections 2024: BJP MP from Bangalore Central PC Mohan eyes 4th straight win in Lok Sabha Polls

CricketViral Video: Rajasthan Royals Fan Switches Loyalty to RCB After Virat Kohli's Century (Watch)

MaharashtraRape Accused Arrested After Two and a Half Years of Crime in Bangalore

CricketIPL 2024 Points Table After RCB vs PBKS Match: Latest Standings, Orange Cap, Purple Cap Holders - Details Inside

Business Realted Stories

BusinessBEML secures Rs 250 cr order from Northern Coal Fields for supply of trucks

BusinessJSW Steel posts 64 pc decline in Q4 net profit at Rs 1,299 crore

BusinessGovt-run ONDC facilitates 7.22 mn transactions in April, onboards over 5 lakh sellers

BusinessOverview of the book titled The Waiting Lounge by author Chet Kamal Parkash

BusinessInvesting with Horixon: The Future of Crypto and Metaverse Innovation