FlexCareers, Australia and New Zealand’s leading platform for flexible jobs, return to work and future of work services has completed an oversubscribed convertible bond issue, raising $1.8 million to accelerate the roll out of its end-to-end HR technology platform.
This latest capital injection takes the total amount raised from investors in recent times to $4.5 million.
“The proceeds of this investment will assist FlexCareers to continue to build and scale our end-to-end solutions for progressive employers looking to harness the power of flexibility to attract, inspire and retain the best talent,” says Marko Njavro, FlexCareers co-founder.
Why has FlexCareers attracted this funding?
FlexCareers now partners with over 175,000 flexible job seekers and 2,000 progressive employers across Australia and New Zealand ranging from small businesses, councils and government departments, through to large enterprises.
“Alongside our investment in a world-class technology products, we are also looking to invest in new hires, particularly in sales and marketing across Australia and New Zealand,” Njavro adds.
Lawrence Myers of FIFO Investments was one of the investors taking part in the raise. Mr Myers is an experienced corporate leader and investor, currently serving as a director of ASX-listed Breville Group Ltd and VGI Partners Global Investments Ltd.
“I’ve been extremely impressed with FlexCareers’ achievements to date and the meaningful impact its technology platform and consulting services are having across Australian and New Zealand workplaces,” says Lawrence Myers, CEO of FIFO Investments.
“The FlexCareers vision to level the playing field for women at work and extend flexible working opportunities to everyone is to be commended as the benefits are now indisputable.
“FlexCareers’ services are all underpinned by AI, data, analytics and real-time reporting which really sets them apart. The company has a strong future ahead,” he adds.