Crafthunt set out to combat the shortage of skilled workers in the construction industry. This mission is now supported by UVC Partners, Redstone, and several angel investors with three million euros.
The shortage of skilled workers is one of the biggest challenges facing the German economy, particularly the construction industry, today. To address this problem, Crafthunt has developed an app-based solution.
The startup provides companies with an AI-powered matching system that brings together job postings and suitable talent pools domestically and internationally. Additionally, client companies can enhance their employer branding beyond their location with meaningful profiles. Based on this information, the algorithm identifies suitable candidates with the required skills. The AI translates this information and the chat between applicants and companies in 21 languages. This makes it easier for foreign skilled workers to access the local job market.
Jonas Stamm, founder and CEO of Crafthunt, explains:
“Our goal is to become the leading provider of staffing solutions in Europe and beyond, and to become an integral part of global HR systems for construction companies and tradespeople.”
“Crafthunt is uniquely positioned”
Ingo Potthof, managing partner at UVC Partners and one of the leading investors, comments:
“As a VC, we have been observing increasingly critical developments in the construction and real estate industry for years, which is why we have strategically invested in startups like Capmo and Predium. With its outstanding knowledge of the construction industry combined with advanced technology and AI expertise, Crafthunt is uniquely positioned to effectively address the complex requirements of the construction industry and customer needs, thereby preventing future construction stops and delays due to skilled worker shortages.”
Niklas Grunewald, managing partner of Redstone Built World, concludes:
“We firmly believe in the value of vertical SaaS products in complex and manual environments like construction, where customer needs are not met by generalist HR software. Crafthunt has a unique opportunity to build an industry-defining product suite and help the industry solve talent access challenges.”
With the fresh capital, Crafthunt plans to expand its platform and explore new markets for recruiting skilled workers. In the future, additional products and services around expert search and talent matching will complement the offering.
