The online job search portal Fix24.hu secured a HUF 200m investment from the state-owned venture capital fund Hiventures. The fund is controlled by the Hungarian Development Bank. The company intends to use the funding to finance its international expansion plans. Fix24.hu currently has more than 20,000 experts from 200 professions in its database, 70 percent of whom work in the construction industry.
“With the help of the capital [invested] so far, we have created a stable domestic base, and for the third year in a row we have doubled our revenue year-on-year,” said Sándor Turi, CEO of Fix24.hu. “With the venture capital received from Hiventures, we are preparing our expansion abroad, and we would like to improve in IT development, marketing areas and content creation.”
