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Blackfinch Ventures exits first portfolio company, Candidate.ID

Blackfinch Ventures, part of Blackfinch Group and one of the fastest growing VCs in the UK, has exited its investment in Candidate.ID, a specialist in marketing automation technology for recruitment.

The move follows the acquisition of Candidate.ID by iCIMS, the US-based talent cloud company, resulting in a strong return for Blackfinch investors over a two-year period.   

This is the first exit for Blackfinch Ventures, which has invested a total of GBP28.8 million across 45 deals since it was established three years ago.  

Founded in 2015 and based in Glasgow, Candidate.ID is marketing automation software built for talent acquisition, which enables recruiting teams to hyper-target best fit, most engaged candidates with unique lead scoring and automated marketing campaigns.

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