Undelucram.ro targets 600.000 euros on SeedBlink

Undelucram.ro wants to arise 600.000 euros through the investment platform SeedBlink. The listing takes place on May 17 for Seedblink Elite and Classic members.

The listing for all users of the platform will take place on May 20.

The round is also financed by technology venture capital fund GapMinder and Oana Ciornei, managing partner of Amrop, with co-investments totalling 100,000 euros of the targeted amount.

GapMinder and Oana Ciornei also invested 300,000 euros in Undelucram in 2019. The company also attracted financing of 150,000 euros in 2017.

Revenues of one million euros in the region by the end of 2022

The platform was launched in 2011 by Costin Tudor (39 years old) and provides information about employers, salaries, benefits and job interviews.

The money will be used for regional growth (Romania, Greece, Hungary, Czech Republic, Moldova, Bulgaria, Ukraine and Poland) and the development of machine learning and job matching algorithms.

The platform has over 750.000 users in the region and aims to reach one million by the end of this year. Also, the management of Undelucram expect the business to grow to one million euros by the end of 2022.

The company has expanded since 2019 in Greece, Hungary, the Czech Republic and the Republic of Moldova, and in 2020 began operations in Ukraine, Bulgaria and Poland.

Undelucram platforms are operated in the local language and are adapted to each country.

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