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Candid Hospitality has raised £800K in funding to expand its operations, backed by NPIF II – Mercia Equity Finance, Haatch, and an angel investor.

Jul 09, 20255 months ago

Amount Raised

£800,000

Round Type

seed

HullHospitalitySaas

Investors

An Angel InvestorHaatchNpif Ii – Mercia Equity Finance

Description

Candid Hospitality, a Hull, UK-based provider of a hiring platform for the hospitality industry, raised £800K in funding. Backers included NPIF II – Mercia Equity Finance, managed by Mercia Ventures, and Haatch. The company intends to use the funds to expand its operations and business reach. The platform has attracted over 3,000 candidates and 100 brands since its launch in February this year.

Company Information

Company

Candid Hospitality

Location

Hull, England, United Kingdom

About

Candid Hospitality is a Hull, UK-based provider of a hiring platform purpose-built for the hospitality industry. The platform helps operators attract, engage, and retain the right talent through various tools, including a Culture Snapshot tool and an AI-powered assistant. It offers hospitality-specific automation and insights to drive better hiring outcomes. The company aims to expand operations and its business reach.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech