Dutch bank Rabobank finances growth of scale-up Magnet.me

Rotterdam, July 4th 2019 – Dutch bank Rabobank has provided additional financing to support the further growth of the Rotterdam based scale-up Magnet.me, who are disrupting the recruitment industry. 

Magnet.me already raised €1 million in funding back in 2017 which it used for accelerating their growth in the United Kingdom, where it is now the biggest career platform for students. 

The company has over 200,000 users and 2,500 companies signed up, including Rabobank itself, that are attracting talent using Magnet.me. Magnet.me has disrupted the recruitment industry with its innovative and accessible approach to getting students and graduates in contact with employers, and in this way helps them find internships or jobs that match their profiles. 

Rabobank supports innovative enterprises and recognises the importance of their support of start-ups and scale-ups in particular. Fabian Groeneveld, Account manager in the Rabobank Start-up & Scale-up team: “Their constant development and the growth they have achieved demonstrate Magnet.me’s understanding of where innovation within recruitment is needed and how to tackle this. They have achieved a lot already, which has strengthened our confidence in the business. It epitomises the kind of innovative companies that Rabobank aims to finance.” 

The financing will help Magnet.me realise the next steps within its growth. Freek Schouten, co-founder of Magnet.me: “We are proud of the fact that Rabobank backs us. We will not only continue growing in the Netherlands and the United Kingdom, but also expand toward the young professional market. This is a logical step and a great opportunity to innovate that market.”

About Magnet.me 
Magnet.me is an innovative careers site where students, graduates and young professionals can easily find a job that matches their profile, whether that’s at a small start-up or big multinational. The company was founded in 2012 by Vincent Karremans (32), Freek Schouten (33) and Laurens van Nues (32) and now has over 200,000 users and 2,500 companies using the careers platform to attract new talent. Magnet.me is active in both the Netherlands and the United Kingdom.