7 years ago

Technically Compatible Secures £500K Investment from North East Venture Fund

  • Technically Compatible, a Sunderland, UK-based recruitment technology company, secured £500k in funding from the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Fund Managers

  • The investment will allow the company to build the management team, step up its sales and marketing activity and provide working capital to support its growth

  • Technically Compatible has developed an online assessment platform that allows businesses to check the abilities of developers and IT staff, reducing the risk of costly appointment failures and speeding up the recruitment process

  • The company now has customers in over 40 countries.

    • ProblemTechnology

      "Hiring developers and IT staff is a time-consuming and expensive process, with a high risk of costly appointment failures."

      Solution

      "Technically Compatible has developed an online assessment platform that helps businesses evaluate the skills of developers and IT staff, reducing the risk of bad hires and speeding up the recruitment process."

      Covered on