RITF backs Talentory with $1.7m

The transaction, which will allow Talentory to expand its operations beyond its current geographical reach, resulted in RITF securing a minority stake in the company.

RITF was established in February 2013 by Black River Ventures and wealth management business Third Rome Group. Its latest investment prior to the series-B financing round for Talentory was a $5m capital injection into LitRes, a Moscow-based online retailer of Russian language e-books.

Company
Talentory is a B2B online head-hunting platform, providing a range of possible searches such as executive search, contingency search and talent research. Headhunters can register on Talentory in order to present their portfolios of candidates to employers.

At the moment, Talentory offers the services of around 2,000 professional headhunters on its platform, while approximately 1,000 global companies are registered as potential employers as well, including UBS, Deutsche Telekom, Henkel and Holcim.

Founded in 2009, the company currently has offices in Zurich, Paris and Berlin.

People
Danilo Lacmanovic is the CEO of Third Rome. Evgeny Kaltashev is managing partner at Black River, while Sergey Safronov is a partner. Eckart Ritter is Talentory's chairman. Marc Krummacher and Igor Putrenko are managing directors of Talentory.

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• Topics
• DACH
• Support services
• Expansion
• Switzerland