Tempo offers a variety of digital recruitment services, including AI-driven candidate matching and remote interview products. Since the start of the Covid-19 pandemic and ensuing lockdown, its video interview tool has become increasingly popular. Tempo says its services help businesses reduce recruitment costs and speed up the hiring process.
Its clients include fast-growing companies in the U.K.’s financial and utilities sector, like Starling, Monzo and Bulb Energy. In total, Tempo has partnered with 2,700 employers and has over 75,000 candidates on the platform. It is already seeing an increase in recruitment, with a 33% month-on-month increase in interview activity in June.
“Today we have a platform that’s helping tens of thousands of businesses and job seekers through the hiring process, and with the backing of the Adecco Group, we are ready to deliver our vision across the U.K. and internationally,” said Ben Chatfield, Tempo’s CEO and co-founder.
Tempo has raised more than £8 million since it was founded in 2017, from backers including venture capital firm Hambro Perks. The latest funding will be used to invest in technology and expand further in the U.K. The company also plans to hire around 15 new employees, which will bring its headcount to 50 people.
“Tempo is already making a real impact on the recruitment sector with their technology-based approach,” said Teppo Paavola, chief digital officer at the Adecco Group. “We have been impressed not only by the Tempo team and product, but especially by the feedback from employers and job seekers. This investment is consistent with our own focus on digitization and enhancing our client and candidate experience through leading-edge technology.”