GC Angels, the angel investment arm of the Growth Company, has supported Manchester based Gradtouch with a funding boost of £150k.
The cash injection will help the business to expand its graduate job matching business.
This latest round of funding takes the total investment in GradTouch to £1.2m and is set to double the size of their Northern Quarter based team to 32, taking the company to a projected £1.6m turnover next year and £3.2million in 2020.
Launched in 2013 by founders Zac Williams and Joe Twigg, GradTouch is a job matching business that enables employers to attract the best graduate talent. A hybrid of an advertising agency and job site GradTouch features employer landing pages, in-depth reporting, candidate management and feedback from job seekers.
GradTouch co-founder Zac Williams comments: “Using the funding from GC Angels and our other investors over the past two years we have been able to build GradTouch into a unique business that develops a real cultural fit between companies and candidiates.
“We’re looking forward to being able to invest in some of the best recruitment professionals to take our offer even wider and to reach ever more graduates and talent hungry employers.”
Darrren Gowling, Senior Investment Director at GC Angels, comments: “Having worked with Zac and Joe since their first funding round, we’re now supporting them with equity from both our own fund alongside other investors including Maven and Fig (First Investment Group)to ensure that they continue to put Manchester on the map with a business that really is changing the world of work.”
GC Angels supports businesses seeking access to angel investment, ranging from £25,000 up to £2m and forms part of the GM Combined Authority’s response to supporting the early stage investment market.