May 18, 2020
Global Brain has invested in ROXX, an HR tech company running a platform for job offers “agent bank” and a monthly flat rate reference check service “back check”, as a lead investor
Global Brain has invested in ROXX Inc. (ROXX, CEO: Taro Nakajima), an HR tech company running a platform for job offers “agent bank” and a monthly flat rate reference check service “back check”, through its GB-VII Growth Fund Investment Limited Partnership (GB- VII).
ROXX is running, since 2018, a platform for job offers named “agent bank” （https://agent-bank.com/), which connects recruitment agencies and enterprises offering jobs. Through the platform, recruitment agencies can introduce their candidates to over 2,000 job offers posted on this online service, by saving time on searching new job offers by themselves. At the same time, they can earn 100% contingency fees without any revenue share upon success of placements. As a result, the service is experiencing a rapid growth in 2 years, with a monthly growth at 120% in the number of candidate introductions and over 10,000 introductions per month.
Further, ROXX has launched, on Oct 2019, a reference check service named “back check” (https://backcheck.jp/), which enables enterprises to easily acquire professional information of job candidates from their bosses or colleagues. The information acquired through this solution includes professional experience or achievements, which are not clearly discovered through documents or job interviews. It is also simple and reasonable. Several dozens of questions can be automatically generated based on the job positions, and reference check is simply completed online. Further, its fee is much cheaper than traditional reference check services (approximately 90% cheaper). As a consequence, over 300 enterprises and start-ups have introduced the service, and have used for various positions, since its official launch on Oct 2019.
Global Brain has decided to invest in ROXX, as it provides innovating services in the HR industry with its growth speed at a high pace and it holds an excellent organizational capacity. GB will leverage its resources to support ROXX in making happen the unimaginable in the society especially in HR area.
About ROXX Inc.
- Location
- 19F East Building, Kokusai Shin Akasaka Building, 2-14-27, Akasaka, Minato-ku, Tokyo
- Representative
- Taro Nakajima
- Founded
- November, 2013
About GB-VII
- Name
- GB-VII Growth Fund Investment Limited Partnership
- General
- Partner Global Brain Corporation
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January, 1998