We are proud to announce our $6 million Series A capital raise led by investment firm Skip Capital, headed by Kim Jackson and Atlassian co-founder Scott Farquhar.
The Reejig HQ is buzzing with excitement as we reach another major Reejig moment with the announcement of our latest capital raise. The raise follows an exceptional period of growth for Reejig, with the past three months seeing our team triple in size, our customer numbers quadruple and excitingly, traction growing in the US with top global brands.
The raise was led by investment firm Skip Capital, headed by Kim Jackson and her husband Atlassian co-founder Scott Farquhar, with participation from Airtree Ventures; Didier Elzinga and Greta Bradman; Kate Mason and existing Reejig investor Right Click Capital. The funding comes following its initial seed funding of $2.2 million in 2020.
This recent funding will fuel our commitment to helping our customers reach zero wasted potential, as well as support the rapid growth and expansion of our business in new markets. Our Co-Founder and CEO, Siobhan Savage, spoke to the Australian Financial Review to discuss what this capital raise means for Reejig and the explosive growth we have experienced to date.
Siobhan Savage, CEO and co-founder of Reejig said of the announcement,
In a market where everyone is talking about ethical talent AI, Reejig has built the world’s first independently audited ethical AI working in partnership with Professor Fang Chen and University Technology Sydney.
Skip Capital founder, Kim Jackson said,
Elicia McDonald, AirTree Partner, said AirTree was proud to be backing Reejig in solving some of the biggest problems currently being faced by workforces,
Launched in 2019 by founders Siobhan Savage, Mike Reed and Dr Shujia Zhang, the Reejig platform is tackling some of the biggest HR challenges around hiring, retaining and reskilling staff – with a vision of driving zero wasted potential in people and businesses. The platform uses AI to provide organisations with complete visibility of the skills within their workforce and the marketplace by aggregating data from existing enterprise HR systems (ATS, HR and LMS) and publicly available sources. It enables organisations to make data-driven decisions about how they build resilient and market-leading workforces, from connecting them with top talent to creating meaningful career pathways, managing retention and creating workforce agility.
Reejig works with many of Australia and New Zealand’s largest and most complex organisations including Woolworths, KPMG, Transport for NSW, John Holland, MYOB and UTS – and is currently broadening its client base in the U.S. and other global markets.