Irish-founded firm KonnectAgain is to create 15 new jobs as it rebrands to Talivest and focuses on providing companies with an employee lifecycle platform.
The firm, which has offices in Dublin, New York and Lisbon, is targeting growth from an increase in multinational firms trying to retain their workforce in a competitive market. The 15 jobs will bring the company's total workforce to 25 and will be primarily located in New York, with six to eight new jobs expected in Dublin.
The new focus will allow companies to use their employee network – both current and former – as a recruitment tool, opening up the possibility of rehires. At the same time, firms will also be able to access valuable data on why employees are leaving.
"Organisations are now seeing the value of capturing feedback earlier, and making changes to their company culture," founder Jayne Ronayne said.
The new products are aimed at human resources departments. Among the companies already using the software are Voxpro, Jameson, and Sprout & Co.
The expansion comes after the company raised €850,000 in funding, with angel investors including philanthropist Nicolas Berggruen, Classpass investor Charlie Songhurst, and CPL founder Anne Heraty. They join PCH's Liam Casey, Euristix's Jim Mountjoy and Blue Bottle Coffee founder Bryan Meehan in backing the enterprise.
“The funding is allowing us to capitalise on momentum of customers,” said Ms Ronayne.
KonnectAgain was established in 2013 by Ms Ronayne and Helen Flynn as part of what Ms Ronayne described as a "personal challenge" to tap into her university's alumni network. The original goal was to provide alumni offices with software to connect graduates to each other and to the institution.
The reason for the rebrand comes down to the perception of the company. KonnectAgain was restrictive, Ms Ronayne said. “Organisations didn’t understand we had a lot more to offer.”