Rumblings of investments for Emprego Ligado began in September, when the Brazil-based startup revealed that it had secured deals with several local and global funding sources, among them 500 Startups, Initial Capital and Rising Ventures. And now, it looks like the company’s got more good news.
According to Brazilian publication Valor Econômico, Fortify.vc has joined the aforementioned funds as an investor in Emprego Ligado. This marks the firm’s first investment in Brazil. A handful of anonymous angel investors have also made contributions as well.
Emprego Ligado will use the investment round, the full amount of which has not been revealed, to expand throughout Brazil (it is currently active in São Paulo). Moreover, it will make new hires to its 14-person team and further develop its software and technology.
Employment Opportunities via Text Message
Launched in April of this year, Emprego Ligado was founded by Americans Jacob Rosenbloom, Derek Fears and Nathan Dee, who manage the business alongside Brazilian partner Danilo Assis. It links job seekers with employment opportunities through their mobile phones via text messaging, similar to services already in existence in India, China and the Middle East.
Thus far, over 10,000 positions have been advertised through Emprego Ligado, and 30,000 professionals have registered for the service. The startup aims to reach the 100,000-user mark within the next six months.