Syft App
Financials
Estimates*
GBP | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 19.5m | 26.2m | 75.5m |
% growth | - | 35 % | 188 % |
EBITDA | (9.9m) | (10.3m) | (1.6m) |
% EBITDA margin | (51 %) | (39 %) | (2 %) |
Profit | (10.6m) | 22.1m | 1.5m |
% profit margin | (55 %) | 84 % | 2 % |
Date | Investors | Amount | Round |
---|---|---|---|
£2.7m | Seed | ||
£5.9m | Series A | ||
N/A | Acquisition | ||
Total Funding | €10.3m |
Recent News about Syft App
EditSyft is a leading on-demand recruitment platform in the UK, specializing in connecting employers with temporary staff. Operating in major regions such as London, Greater Manchester, Yorkshire, Merseyside, the Midlands, Wales, and Scotland, Syft serves a diverse range of clients from hospitality to industrial sectors. The platform allows employers to hire temporary staff efficiently while offering job seekers the opportunity to find temporary work, book onboarding sessions, and earn perks. Syft's business model revolves around a digital marketplace that facilitates the hiring process, generating revenue through service fees charged to employers. The company aims to streamline the recruitment process, making it faster and more cost-effective for businesses to meet their staffing needs.
Keywords: on-demand recruitment, temporary staff, UK regions, hospitality, industrial, digital marketplace, service fees, staffing solutions, job seekers, efficient hiring.