YapJobs was able to raise £1 million, about $1.4 million, in funding. The app aims to connect jobseekers and employers in the hospitality sector in real-time.
Tech City News reported that YapJobs was launched in November last year. Apparently, in the last six months, it has already processed more than 50,000 applications. The employers using the platform are The Ivy and Costa Coffee.
Ziad Tassabehji invested in an angel capacity. Several other private investors also helped fund the startup.
YapJobs was founded by Shahzad Ali, who serves as the company's CEO, CTO Xen Lategan and chairman Ziad Tassabehji. Ali shared his thoughts about the raise.
"I grew up in the heat of a restaurant and know that the people employed are the lifeblood of the service industry, but I also know how the wrong environment can make it a very difficult place to work which has an impact on staff retention," the YapJobs CEO said. Ali is in-charge of the overall strategic direction and growth of the business.
"That's why I launched YapJobs, to help the best people find work quickly in the places that they really want to work. We want to use technology to help drive a real change in the industry, ensuring that people are also matched to company culture which will help promote a better working environment across the board."
Jobseekers will need to download the YapJobs app which allows them to create a profile in 2 minutes. It also gives them instant job notifications as well as an easier job application process.
"YapJobs is the better, faster & simpler way to find work in London's premium restaurants, bars, hotels, cafés etc," the company wrote on its blog. "Download our free app to find your next job today!"
Users can turn on push notifications to receive real-time updates on job postings. A search radar feature is also available and can be set to the jobseeker's desired maximum distance.
