Technology provider Talenetic has secured an undisclosed sum in early stage investment from a consortium of big names in the recruitment industry.

The consortium is led by recruitment entrepreneur and chair of the Association of Professional Staffing Companies (APSCo) Miles Hunt, Simon Lawton, director of investment group Benula Capital, and Paul Huntingdon, founder of recruitment and human capital management firm Serocor and the Serocor Group. 

Talenetic was set up by Jobsite founders Keith, Eric and Graham Potts.

Commenting on the agreement, Talenetic chief executive Keith Potts told Recruiter the consortium would bring a mixture of cash investment and recruitment expertise and knowledge into the business.

“The sum we have decided to have is undisclosed but it’s a significant sum,” he added.

“It’s going to be used for rapid acceleration into the US, and quite a significant increase in our headcount.

“It’s also going to be used for R&D [research & development] to accelerate the product strategy that we have currently.”