Glassdoor Acquires Love Mondays, Brazil's Leading Employer Review and Jobs Site
MILL VALLEY, CA and SAO PAULO, BRAZIL--(Marketwired - Sep 8, 2016) - Glassdoor, Inc., the world's most transparent jobs and recruiting marketplace, today announced the acquisition of Love Mondays, a fast-growing employer review, salary data and jobs site in Brazil. Financial terms were not disclosed.
Love Mondays is highly complementary to Glassdoor. The site provides worker insights about Brazilian workplaces through user-generated company reviews, ratings and salary content, as well as job listings for more than 75,000 employers in Brazil. Love Mondays will continue to operate under its own brand for the foreseeable future. Glassdoor plans to add Love Mondays to its suite of customizable localized products available for multinational employers interested in hiring in Brazil.
"Love Mondays is a perfect fit with Glassdoor to fulfill our mission of helping people everywhere find a job and company they love. We've been incredibly impressed with Love Mondays' great team, fast growth and strong execution in attracting Brazilian workers and employers to their products and services," said Robert Hohman, co-founder and CEO of Glassdoor, Inc. "This acquisition marks Glassdoor's official entry into Latin America and the addition of Love Mondays gives us a solid foundation from which to grow our footprint in the region. We are delighted to welcome the entire Love Mondays team to the Glassdoor family."
"Love Mondays is excited to join forces with Glassdoor to help connect national and multinational companies with top notch Brazilian talent," said Luciana Caletti, co-founder and CEO of Love Mondays. "Glassdoor's reputation and management team make the company an ideal partner to help take Love Mondays to the next level. I couldn't be more excited about our future prospects together."
Love Mondays was launched in 2014 by co-founders Luciana Caletti, CEO; Dave Curran, COO; and Shane O'Grady, CTO, and has approximately 20 personnel in São Paulo. The company is venture-backed and has raised more than $2 million to date, led by Kaszek Ventures, a leading Latin American venture capital firm.
This deal represents Glassdoor's first acquisition outside the United States. With the addition of Love Mondays, Glassdoor now has 12 localized sites and apps in addition to Glassdoor.com, available in five languages (English, French, German, Dutch and Portuguese), in the UK, Ireland, Canada, Australia, India, France, Germany, Netherlands, Austria, Switzerland, and Belgium.
Glassdoor is the world's most transparent jobs and recruiting marketplace that is changing how people search for jobs and how companies recruit top talent. Glassdoor combines job listings with anonymous reviews, ratings and salary data to help people find a job and company they love. This level of transparency, in turn, helps employers attract the right candidates for their company and culture at a fraction of the cost of other channels. Glassdoor offers employers job advertising and employer branding solutions in addition to robust talent analytics. Launched in 2008, Glassdoor has job listings and data for more than 580,000 employers in 190 countries and is available on iOS and Android platforms. For labor market trends and analysis, visit Glassdoor Economic Research. For career advice and job-related news and tips, visit the Glassdoor Blog.
About Love Mondays
Love Mondays is the leading employer reviews, salary data and jobs site in Brazil. With over 75,000 employers reviewed on the platform, Love Mondays helps over 1 million people every month to make informed career decisions.
Founded in 2014, Love Mondays has twice been selected as the best startup in Latin America: at the Latin America Startup Challenge and U-Start Conference.
MaryJo Fitzgerald or Mel Bolton
This information is provided by RNS