Video technology platform Odro is on track to double revenue to 拢3 million in the current financial year.听
The Glasgow firm has听experienced high听demand from recruitment agencies for its product range since the onset of COVID-19.听
It has听doubled headcount to 38 over the last 12 months and plans to hire 10 more people before the end of 2020.听听
CEO Ryan McCabe said: 鈥淚t鈥檚 been a challenging time for our client base, as it has been for so many people and businesses across the globe.听听
鈥�We worked听really hard in the first few weeks and months of lockdown to be there for our clients and do everything we could do to help.听听听
鈥�I couldn鈥檛 be prouder of the team here. We鈥檝e had our own challenges of course, but to come through recent times in even stronger shape gives us a lot of听confidence for the months and years ahead.鈥�听
A听range of video conferencing platforms听are听utilised by recruitment agencies,听but听McCabe says听Odro鈥檚听capability听gives the听company an edge over big tech players.听听
鈥淯nlike Zoom and others, there are no downloads or passwords required:听with one click on a personalised link you get straight into our virtual interview rooms,鈥� he said.听听
鈥�We鈥檝e al-so introduced co-branded portals, with candidate videos, CVs and other docs all in one place.听听听
鈥�The platform features a powerful analytics tool that gives you real-time insight on your interviews and shortlists, in-built GDPR compliance and online training programmes.听听听
鈥�We鈥檙e also seeing significantly increased engagement rates with prospective candidates via personalised video messages.鈥�听
Odro听raised 拢100,000 of seed funding from external investors in 2015 and has been self-funded since, although McCabe says he has not ruled out a further investment round in 2021.听听
鈥淲e鈥檝e attracted a lot of interest from the private equity community over the last six months and it鈥檚 good to progress those conversations in case we decide that the right kind of investment round is going to allow us to grow even quicker,鈥�听he added.听
With 15 per cent of its revenue coming from international markets after an upswing in听activity in North America, Europe and Asia-Pacific,听the company is considering opening its first international office in 2021.听听听听