The Munich-based company, founded in 2013 With its Talent Relationship Platform, Talentry supports clients through every phase of the application process. This enables companies to efficiently find the best talent across all available channels and retain them long-term. Cleverconnect Paris-based company has been supporting its clients in digitizing and optimizing their recruitment processes since 2010. Its product portfolio includes a SaaS solution for time-shifted video interviews, intelligent career pages with AI, and a CV matching technology.
Following the merger, the combined company will have a total of 270 employees. With its French and German roots, the scaleup sees itself as ideally positioned to become a true European champion. The partners are targeting revenue growth of over 70 percent this year and consolidating their leadership position in the talent acquisition market. This goal will be achieved, among other things, through a combination of European expansion and further development of the product portfolio.
As part of the merger, Talentry investors will join Cleverconnect's investors. These include Carsten Thoma, founder of Hybris, which was acquired by SAP. Bastian Nominacher and Alex Rink, co-founders of Celonis, are also among them. Carl Hoffmann, founder and CEO of Talentry, will join Cleverconnect as a co-founder effective immediately.
“I am convinced that the two technologies together will become a real game changer in recruiting.”
"We are impressed by Talentry's culture, values, and innovative products—and even more so by how well they fit with our own. With this merger, we are laying the foundation for the development of an integrated platform that enables a holistic talent acquisition approach, from candidate engagement to employee retention. I am delighted to welcome the Talentry team to the Cleverconnect family. And I am convinced that together we can become a global market leader with European roots."
explained Louis Coulon, co-founder of Cleverconnect.
"Cleverconnect and Talentry base their success on profound HR and recruiting expertise. But that's not the only thing we have in common. We share the same corporate values and a common mission: We want to help as many talented people as possible find their dream job. Conversely, this is the answer to the skills shortage that has reached alarming proportions in Europe and will continue to preoccupy companies for a long time to come. Therefore, it's only logical that we join forces with Cleverconnect to take on this challenge and provide our customers with the best possible support."
supplemented Carl Hoffmann, Founder and CEO of Talentry.
"At Celonis, we're experiencing that successfully recruiting suitable talent is one of the key challenges for future growth. We already fill a large portion of our vacancies using Talentry's solutions, and I'm convinced that the two technologies combined will become a true game changer in recruiting. That's why I'm delighted to support the team and invest in Cleverconnect,"
leads Bastian Nominacher, Co-CEO and Co-Founder of Celonis.