CVWallet will surpass $10 Million ARR by the end of 2024

Transforming the recruitment landscape by its rapid success, CVWallet, a London-based verification ecosystem specializing in HR and recruitment services, has announced its staggering growth to $10 million in annual recurring revenue (ARR) by the end of this year. This achievement highlights the company’s commitment to revolutionizing the recruitment world, fueled by innovative solutions and strong investor backing.

Mirthe Van Brussel on April 25, 2024 Average reading time: 2 min
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CVWallet will surpass $10 Million ARR by the end of 2024
Securing Angel Investment and Scaling New Heights

CVWallet’s journey to this significant milestone has been nothing short of remarkable. Founded in 2022, the company quickly gained traction within the market by offering a comprehensive verification ecosystem, including blockchain technology. Recently, CVWallet secured half a million dollars in angel investment, bringing its total raise to $2 million and valuing the business at $13 million. This infusion of capital not only bolsters the company’s financial standing but also validates its disruptive approach to talent acquisition and verification.

Recognition in the Industry

CVWallet’s success story has caught the attention of industry experts and investors alike.

Joel Cheesman and Chad Sowash, hosts of the renowned Chad and Cheese Podcast, recently discussed CVWallet’s innovative solutions and its impact on the recruitment landscape in their episode titled “Shredded: ZipRecruiter, LinkedIn, Factorial, Draftboard, CV Wallet, Vangst, Veremark & More.” In the podcast, CVWallet was highlighted for its fast-growing operations and its dedication to streamlining the hiring process through cutting-edge technology.

What makes CVWallet unique?

Advanced Technology: CV Wallet uses artificial intelligence (AI) to optimize your CV for each job you apply for. The AI analyzes your CV and identifies the skills and experiences most relevant to the position. Then, it tailors your CV to ensure these skills and experiences are prominently displayed. And is using Blockchain

User-Friendly: CV Wallet is designed to be easy to use. You can create and edit your CV in minutes, and no technical knowledge is required. It also Create multiple CVs for different roles or industries, builds cover letters and motivation letters using templates, tracks your application history and gives tips and advice on the job search process.

Mobile: CV Wallet is a mobile app, so you can manage your CV anytime, anywhere. You can also share your CV with others through the app, such as recruiters or potential employers.

In a way, comparable initiatives are SkillsCV (NL), AIApply (US) and Work-ID (BE)



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