London-based Tech Startup Juggle.Jobs Launches Their Public Crowd Funding Campaign With Focus On Gender Equality
Posted on April 4, 2017 by Lioness Staff
LONDON — Romanie Thomas founded Juggle.Jobs in 2016 with one mission, to make certain that 50 percent of business leaders are women within 10 years, after seeing the problem firsthand in her career as a headhunter.
“Technology has made it easier to order taxis, clothes and go on holiday, so why hasn’t it been used to solve one of the biggest headaches for business, that of recruitment – and solve gender parity in the process? It’s the biggest social and economic issue facing us today,” Thomas said.
A report by Lord Davies last year stated that only 10 percent of senior business positions are held by women, yet McKinsey and others have reported the positive impact that more women in leadership roles can have on organisations. The Juggle.Jobs service, enables businesses to recruit higher quality workers in exchange for flexibility, which has consequently led to more women being recruited for key senior roles.
Angel investors and a top micro-VC firm have already committed 75 percent of the £350,000 round ($436,385.25 in US Dollars), but crowd funding is enabling others, including Juggle.Job’s own professional members, to invest in the vision.
“We meet a lot of business people who recognise the many benefits of closing the gender gap in business and we wanted them to be able to support us in a meaningful way,” Thomas said.
The number of live placements on Juggle.Jobs platform has grown over 40 percent every month for the last six months and the investment round will enable Juggle.Jobs to build out their team and accelerate this growth by further automating their online ‘SaaS’ product.
“The UK contract marketplace alone is worth £26 bn. yet only a fraction of recruitment is done online and until now that has largely been advertising based websites or networking solution for the recruiters,” Andrew Gault, Partner at 7percent Ventures, who is based in Silicon Valley and an investor in the round, said. “Juggle is doing something more transformative, using their scalable platform to solve a big pain point for both, the professionals and the businesses themselves.”
Thomas believes the market timing couldn’t be better; “Helen Gurley Brown wrote about ‘having it all’ twenty-five years ago, I don’t think she was wrong but I think she was ahead of her time – and the time is now”.
Juggle.Jobs connects high-quality professionals to businesses, for lead and management roles. Founded in early 2016, the company is based near Silicon Roundabout at the heart of London’s tech scene. Juggle places senior professionals into businesses on a flexible basis, providing full support for the business and professional on an ongoing basis.