Undelucram.ro, Romania's largest online employee community, has raised €1 million in funding to drive expansion in CEE, Asia, and Africa, led by Sofia Angels Ventures.
Target Information
Undelucram.ro is the largest online employee community in Romania and one of the largest in the Central and Eastern European (CEE) region. Established in 2011 by entrepreneur Costin Tudor, the platform aims to enhance labor market transparency by providing insights into employers, salary expectations, benefits, and interview processes. With over 1.5 million users, Undelucram.ro supports both employees and employers through its comprehensive service offering, which includes employer branding and recruitment functionalities.
The company has successfully completed four funding rounds, raising a total of €2 million to date. The latest funding round, amounting to €1 million, will be utilized to drive further expansion efforts within the CEE region, as well as into Asia and Africa. The management team anticipates significantly growing their user base to over 4 million and acquiring 1,000 customers by the end of 2024.
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Industry Overview in Romania
The recruitment and employer branding industry in Romania has been evolving rapidly, driven by technology and increasing demand for transparency and efficiency in the job market. With a growing number of tech start-ups and a shift towards digital solutions, platforms like
Similar Deals
Sofia Angels Ventures
invested in
Undelucram.ro
in 2023
in a Series A deal
Disclosed details
Transaction Size: $1M