Principia backs Rysto with $1m

The fresh capital will support the international expansion of the company and an increased focus on product development. 

As part of the transaction, the company has signed a partnership agreement with e-learning platform Docebo, which will allow jobseekers to improve sectoral skills and industry training.

Recruitment and training platforms are currently receiving particular attention from southern European VC players. Just a week ago, Spanish investor Kibo Ventures led a €2.5m round for Jobandtalent to fund the international expansion of the company. 

Company
Founded in 2013 and based in Naples, Rysto is an online employment platform for the hospitality and catering industries. The company's founders noted the high employee turnover in these sectors and designed web and mobile services to speed up and streamline the recruitment process.

The partnership with online learning platform Docebo gives Rysto users access to relevant industry training and certification, enabling jobseekers to improve their employment chances.

People
Andrea di Camillo is a partner at Principia. Jacopo Chirici and Massimo Fabrizio are founders of Rysto.  

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