New Delhi: Certif-ID International GmbH, a blockchain-based platform for international skilled professionals, has raised €1.6 million in seed funding. The funding round was led by NRW-Bank and included angel investors Andreas Weinberger, Malte Pollmann, Jörg Will, and Michael Bernhörster. Certif-ID plans to use the funding to expand its activities in Asia and Europe and to further develop its technology platform.
The company’s co-founder and CEO, Tim Miller, said that the demand for skilled manpower across the world has never been stronger, but the skill verification, recruitment, and visa issuance processes are slow to adapt. He added that the urgent need to automate and digitize these processes is crucial to minimize any adverse economic impact. Markus Dohm, Certif-ID’s second co-founder, expressed his excitement at being supported by NRW-Bank with their relaunched NRW.SeedCap program.
Certif-ID’s focus is on automating and digitizing the recruitment process to verify skills and issue visas for internationally skilled professionals, particularly in engineering, healthcare and logistics. The company’s TalentSure product line has more than 30 thousand registered users from 32 countries and offers 16,000 job offers. The platform uses blockchain technology to bring opaquness and trust to every candidates’ application documents.
Certif-ID also offers a second product line, which is a SaaS platform that supports companies in digitizing credentials and anchoring them to blockchain for instant verification called CredSure,. Education providers issue digital badges to their graduates, which can be used to showcase and verify their newly acquired competencies that match industry demand.
The company’s mission is to create a future of work where every individual’s talent is recognized and valued, and where companies can find the right skilled talent quickly and easily. By automating and digitizing the recruitment process, Certif-ID aims to save time and costs for employers and create new opportunities for skilled professionals worldwide.
With the ongoing support of TÜV Rheinland, Certif-ID plans to expand its activities in Asia and Europe and further develop its technology platform. TÜV Rheinland, a leading international provider of technical services, has been supporting Certif-ID since its inception and has helped the company to develop and grow its business.
In conclusion, Certif-ID International GmbH has successfully closed a seed financing of €1.6 million led by NRW-Bank and angel investors. The company plans to use the funds to expand its activities in Asia and Europe and to further develop its technology platform. With its focus on automating and digitizing the recruitment process to verify skills and issue visas for internationally skilled professionals, Certif-ID aims to create a future of work where every individual’s talent is recognized and valued, and where companies can find the right skilled talent quickly and easily.
