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Programmatic Job Advertising Leader Joveo Closes 2020 with Record Results, Announces Double-Digit Growth in Year-Ending Revenue Despite COVID-19

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Joveo, the global leader in programmatic recruitment advertising technology, announced today that it closed out 2020 with unprecedented momentum in product innovation, customer success and acquisition, and business growth across global markets.

The company achieved double-digit growth in year-ending revenue despite the economic impact of COVID-19 as talent acquisition and recruitment marketing teams were exploring creative ways to source relevant talent on time with reduced and uncertain budgets, while transforming their processes and technology stacks for greater efficiency, transparency, control, and predictability.

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Key Highlights:

  • Joveo almost doubled its active customer base last year.
  • The European market delivered record contributions as the overall media spend in the region grew by almost 400% in 2020.
  • Joveo also signed a number of global enterprises as customers in the Asia-Pacific region, including some of the largest employers in India.

The aggregate spend on recruitment media procured and managed through Joveo’s programmatic job advertising platform has grown by 800% in the last three years.

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“As talent acquisition leaders continue to work with reduced and uncertain budgets and leaner teams, they are increasingly looking to embrace performance-driven approaches for recruitment, while seeking greater transparency into the costs and ROI of their candidate sources,” said Ram Gupta, Chairman of the Board of Directors at Joveo. “Joveo delivers the only recruitment advertising platform that addresses their need for performance, transparency, and independence.”

Some of Joveo’s end customers include Adecco, HealthTrust (a subsidiary of HCA Healthcare), Randstad, FedEx, SkipTheDishes, Barclays, Bristol Myers Squibb, Alexander Mann Solutions, Wells Fargo, T-Mobile, Northrop Grumman, HCL Technologies, WilsonHCG, webTactics, Monster, JobCloud, Nurse.com, and others.

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