Abodoo achieves ‘High Potential Start-Up’ status & receives €100K in funding

Enterprise Ireland has designated Wexford-based technology company, Abodoo as a ‘High Potential Start-Up’ (HPSU) and granted the company €100K in funding.

The careers platform which boasts no job searches or endless listings, was launched in Ireland in September 2017 and has now secured over €400,000 in investments to date.

The company’s designation as an Enterprise Ireland HPSU and receiving a €100K in funding was made following the tech company’s recent expansion into the UK market. Irish entrepreneurs Dan Kiely, founder of Voxpro and Tom O’Neill, New Work Junction and e-learning company Laragh Courseware have invested a combined total of €300K in the tech start-up.

An Enterprise Ireland ‘HPSU’ is defined as a company that is internationally focused and has the potential to employ at least 10 persons within three to four years of starting and to generate revenues of at least €1 million.

Vanessa Tierney, co-founder of Abodoo commented: “We are delighted and excited to be designated as an Enterprise Ireland HPSU and we look forward to working with the EI team as we continue to expand into the UK and beyond.

As Ireland nears full employment, at Abodoo we believe that remote working is the answer to addressing some of the country’s skills shortages. We’re working with some of the most attractive employers, both in Ireland and the UK, and we have a range of excellent roles on offer.

“Remote and flexible working makes economic and environmental sense and can vastly improve the quality of life for workers. Businesses now understand that SmartWorking can lead to cost-savings, better retention levels, higher rates of employee satisfaction and an increase in diversity due to our anonymous matching which eliminates any unconscious bias from the selection process. From the employee’s perspective, they can save travel costs, as well as hundreds of hours of travel time and the stress of a daily commute.

“Our goal is to continue to attract registrations from candidates seeking more flexible careers.  Typically, these are professionals who want a career that fits with their lifestyle and allows them to cut out lengthy and costly commutes.”

Manager of the High Potential Start-Ups Dept (ICT) at Enterprise Ireland, Niall McEvoy, said: “There is a disruptive trend occurring within the HR Talent Management and the Human Capital Management spaces with enterprises embracing remote working options and Abodoo is considered a leading early adopter in this area.

“A key focus for Enterprise Ireland is helping innovative companies like Abodoo to start, innovate and scale internationally and Abodoo is a great example of a female-led, highly innovative Irish company with global ambition.

“The company has identified and secured progressive blue-chip customers and is attracting interest globally. Enterprise Ireland will continue to work closely with Abodoo and support its growth ambitions as the team expands its reach, strengthening their customer base internationally.”

Wexford couple, Vanessa Tierney and Ben Wainwright, developed the idea for Abodoo after moving back from the UK with their young family. Having found that remote working job opportunities were difficult to find on standard jobs boards, they developed the jobs platform to match candidates with suitable employers offering remote-working career opportunities.

Launched in September 2017, 2018 is Abodoo’s first full year of trading.

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