Qneiform, a Budapest-based talent intelligence platform, has raised €3 million in seed funding, led by PROfounders and DayOne Capital. Existing investors Keen Ventures and DFF Ventures (formerly Dutch Founders Fund) also participated, reinforcing their trust in the company’s mission. This marks one of the largest seed rounds ever secured by a Hungarian startup, signaling strong confidence in Qneiform’s ability to reshape talent intelligence.
The new capital will fuel Qneiform’s expansion beyond the financial services sector, where it has already gained significant traction. The company plans to enhance its proprietary data models, scale its platform, and grow its data science and engineering teams. This investment will also support the development of new features that allow organisations across industries to align talent decisions with business outcomes.
This funding round also highlights Budapest’s growing reputation as an emerging tech hub in Europe. The city has experienced rapid growth in its startup ecosystem, creating $2.4 billion in Ecosystem Value from 2021 to 2023, with a compound annual growth rate of 41%. Budapest is ranked among the Top 20 European Ecosystems for Affordable Talent, making it the perfect launchpad for a talent intelligence platform like Qneiform.
Cutting through AI noise in recruiting
Founded in Budapest in 2022 by former hedge-fund headhunter, Thomas Percy, the Qneiform team has brought together top data and tech talent from across Europe. Their collective expertise positions it to deliver transformative value to organisations seeking to optimise human capital decisions.
In a market saturated with AI-driven recruiting platforms that generate excessive data without clear insights, Qneiform offers a refreshing alternative. Its technology consolidates vast data points into actionable intelligence, providing recruiters with clarity instead of confusion. By integrating proprietary candidate data with domain-specific research, Qneiform equips organisations with precise visibility into talent pools and market trends.
Qneiform differentiates itself by consolidating fragmented talent data into a unified platform, creating a “single point of truth” for recruiters. Much like how search engines revolutionised information access, Qneiform empowers organisations to uncover and assess talent with precision. It offers predictive insights that allow companies to anticipate future hiring trends and explore alternative strategies to meet their workforce needs.
Unlike many AI-driven recruitment platforms that face challenges such as algorithmic bias or lack of transparency, Qneiform prioritises ethical AI practices. The company ensures fairness in its algorithms and adheres to strict data privacy standards to build trust among users — a critical factor as Europe leads the way in AI regulation through the EU AI Act.
What sets Qneiform apart is its proven success in the demanding world of financial services. Since launching in May last year, the platform has been adopted by 5 of the 10 most profitable hedge funds in history (including Citadel and Millennium), alongside elite boutique investment banks and leading private equity firms. This rapid adoption highlights its ability to deliver superior talent insights that drive business performance.
Future roadmap: Scaling beyond finance
Qneiform’s next chapter involves expanding its platform’s capabilities to industries beyond finance. The company aims to replicate its success in other sectors where talent intelligence is equally critical. With a solid foundation, a high-performing platform, and strong investor support, Qneiform is poised to reshape the global talent intelligence landscape.
“A perfect talent search engine can process and understand every relevant datapoint in the world, so any organisation can be understood instantly in granular detail,” said Thomas Percy, CEO and founder of Qneiform. “That is where Qneiform is headed.”
“Almost every company in the world sees hiring as a priority and yet precious few take a data-driven approach to understanding their market for talent” said Joe Bond, Partner at PROfounders Capital. “We see Qneiform becoming the de facto starting point for any firm engaging in high-value recruitment or seeking to improve their talent strategy.”
This €3M seed round places Qneiform among Hungary’s most successful startups at this stage of funding—alongside companies like Turbine (€5.5M Series A), Colossyan (€4.6M Series A), and Talk-a-Bot (€3.5M Venture Round). It reflects growing international investor confidence not just in Qneiform but also in Hungary’s thriving startup ecosystem overall.
