HR technology company SmartStaffing intends to raise 250 million rubles during pre-IPO

The funds will be used to develop the cognitive capabilities of the B2BCloud platform. The plans include the development and implementation of new technologies, such as artificial intelligence tools, UX/UI improvement, integration with external systems, as well as expanding the team of specialists.

In addition, the company intends to adapt the platform for use in different industries. The key goal is a significant increase in profits and transformation of the revenue structure, with a multiple increase in the proportion of digital services.

SmartStaffing is a company that forms project teams for large corporations and operates its own B2BCloud digital platform to optimize the use of employees’ working time.

Since 2019, the company has been a participant in the Skolkovo project. In 2023, the company’s revenue amounted to 716 million rubles; this year, SmartStaffing plans to increase revenue to 1 billion rubles.

• The Russian HR-tech market grew by 43% in the first quarter of 2024. The top 80 companies in the segment earned a total of 19.4 billion rubles, with the largest player hh.ru accounting for more than 40% of the share.