Belgian recruitment technology company Spott has raised $21 million in a Series A round led by Balderton Capital, with participation from existing investors Base10 Partners, Y Combinator, and Fortino Ventures, bringing its total funding to $24.2 million.
- Founded in 2024 by Lander Degrève, Manu Vanderveeren, and Samuel Smeys, Spott develops an AI-native operating system for recruitment agencies that combines applicant tracking, sourcing, outreach, scheduling, and candidate data on a single platform.
- The company aims to reduce administrative work and help recruiters focus on candidate relationships and decision-making.
- Since launching its core platform in late 2025, Spott says its revenue has grown more than tenfold since the start of 2026, while more than 500 recruitment agencies now use the platform. The company also reports that placements across its customer base have increased by up to 30%.
Details of the deal
- With the fresh capital, Spott plans to accelerate its global expansion, strengthen its enterprise offering, and develop proactive AI agents that can identify insights from recruitment data.
- The company will also expand its teams in New York and Sydney and plans to grow from 44 employees to more than 60 by the end of 2026.
"Lander, Manu and Samuel understood this overlooked problem because they had seen its operational and commercial impact first-hand. They have combined that insight with the technical ambition to rebuild recruitment's core infrastructure, and the speed at which customers are adopting Spott shows they have built the solution this market has been waiting for," explains Phil Chambers, Partner at Balderton Capital.
