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Impactpool AI career matching secures $4M series A funding

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Magnus Bucht, CEO & co-founder of Impactpool. Picture credits; Impactpool

Stockholm based Impactpool, a leading AI-driven career matching platform, has successfully secured $4M in Series A funding. The funding round was spearheaded by Mediahuis, with continued support from Fort Knox and other existing investors. This investment will significantly enhance Impactpool’s AI job-matching capabilities, furthering its mission to connect top talent with organisations addressing global challenges.

The impact sector is dedicated to driving positive change in the world by addressing critical societal challenges such as health, environmental sustainability, and equality. Organisations in this sector strive to develop innovative solutions to these pressing issues, both for the present and the future. However, they often face significant hurdles in attracting the right talent.

Finding employees with the necessary specialised skills and a deep commitment to the organisation’s mission can be challenging. Additionally, many impact-driven entities operate with limited budgets, making it difficult to offer competitive salaries and benefits. This financial constraint, coupled with intense competition from private firms, often makes it hard for these organisations to attract and retain professionals who could make a substantial difference.

Impactpool’s AI career matching

With a commitment to diversity and advanced AI capabilities, Impactpool plans to use the new funding to bolster its technology. The goal is to place one billion professionals with organisations dedicated to meaningful change. Since its inception in 2015, Impactpool has made significant strides in connecting nearly one million candidates from 195 countries with over 2,500 organisations worldwide.

Strategic partnerships and Impactpool’s global reach

Impactpool has partnered with major United Nations organisations, including UNICEF, UNHCR, and UNESCO, and has expanded its reach to other international entities such as the OECD, the World Health Organisation, and the Green Climate Fund. Additionally, it collaborates with for-profit companies committed to social impact.

Supporting quotes from Impactpool’s key stakeholders

Magnus Bucht, CEO and Co-founder of Impactpool, expressed his enthusiasm: “We are delighted to have the support of Mediahuis and the continuous support from Fort Knox and existing investors. Impactpool serves as a bridge between professionals seeking meaningful work and organisations striving to make a difference in the world.”

Patrick De Wachter, Director Corporate Development at Mediahuis, highlighted the alignment of values: “We fully support Impactpool’s mission to bring together top talent to address global challenges, aligning perfectly with Mediahuis’ values of creating impact. Impactpool offers an accessible platform for candidates to connect with impact organisations seeking top talent. We greatly appreciate their ability to merge significant impact with robust performance and growth as a company. We look forward to supporting their sustainable journey ahead.”

Markus Olsson, CEO at Fort Knox, praised Impactpool’s achievements: “Since our investment in Impactpool, the team has delivered beyond our expectations. We are impressed with the work that has been performed, both from a product- and business-development perspective. Together with Mediahuis, we now have another long-term investor who is fully committed to supporting Impactpool’s journey of helping candidates and organisations create more positive impact.”

Emphasising diversity and inclusion

Impactpool champions diversity and inclusion by promoting opportunities for underrepresented groups and fostering inclusive work environments within the impact sector. The platform is designed to help organisations in the impact-driven sector connect with talent across the full job spectrum, making these opportunities accessible to everyone, regardless of socioeconomic background.

Founded in 2015, Impactpool is an AI career matching platform dedicated to connecting professionals with job opportunities in the international development, humanitarian, and impact-driven sectors. Leveraging advanced AI capabilities, it offers job listings, talent pools, employer branding, career resources, and personalised job alerts from thousands of international organisations. Impactpool bridges the gap between professionals seeking meaningful work and organisations striving to make a difference globally.

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