PROJECT

Projects

Summary of Investment Information

Project Number

42773

Company Name

Contratado LLC

Date SPI Disclosed

May 31, 2019

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Jul 10, 2019

Environmental Category

C - No Impact

Status

Active

Last Updated Date

Jul 28, 2019

Department

Disruptive Technologies and Funds

Industry

Health, Education and Life Sciences

Previous Events

Approved : Jul 19, 2019
Signed : Jul 22, 2019
Invested : Jul 26, 2019

Sector

Other Training

Project Description

Revelo (“the Company”) is a recruiting technology company that helps businesses across Brazil to efficiently hire knowledge workers (professional level employees) in various sectors including finance, marketing, business intelligence, and IT. The Company facilitates the hiring process through the use of its full-stack online marketplace where employers interact directly with job candidates to source, interview, and hire new employees. Revelo reduces the time needed to hire knowledge workers and provides its service at a fraction of the cost of its competitors.

 

The proposed IFC investment (“Project”) consists of a minority equity stake to support Revelo’s expansion across Brazil.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation