Urgent.News

What's breaking now, across thousands of outlets.

AI

Leuven-based Spott raises €18.3 million to build the AI-native operating system for recruitment agencies

Spott, a Leuven-based AI-native applicant tracking system (ATS) and customer relationship management (CRM) platform for recruitment agencies, has raised €18.3 million ($21 million) in a Series A round. The round was led by Balderton Capital with participation from Base10 Partners, Y Combinator and Fortino. The Series A funding follows a €2.8 million ($3.2 million) Seed […] The post Leuven-based…

Leuven-based AI-native applicant tracking system (ATS) and customer relationship management (CRM) platform Spott has raised €18.3 million ($21 million) in Series A funding. Led by Balderton Capital, the investment round also saw participation from Base10 Partners, Y Combinator, and Fortino. This follows a €2.8 million ($3.2 million) Seed round raised in March 2025.

Spott's founders, Lander Degreve, Manu Vanderveeren, and Samuel Smeys, recognized the problem of outdated recruitment tools during their time advising companies at McKinsey, Bain, and BCG. The trio turned their insights into a solution that leverages AI to handle administrative tasks and candidate sourcing, freeing recruiters to focus on building relationships.

Spott's platform, launched six months after the Seed round, has seen revenue growth more than tenfold since the beginning of 2026. The company now serves hundreds of agencies across Europe, the US, and APAC, including H.W. Anderson and the 200-person CGP Group.

The new funding will be used to expand into the US and APAC, develop new enterprise features, and hire additional engineers to enhance Spott's agentic AI capabilities. The company plans to open offices in Sydney and New York and will increase its headcount from 44 to approximately 60 by the end of the year.

Written by urgent.news from EU-Startups's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at eu-startups.com →

More in AI

Observability in Microsoft Foundry: Tracing Agent Runs, Continuous Evaluation, and the OpenTelemetry Data Plane

Day 10 of the Microsoft Foundry 100 Days / 100 Blogs series. You shipped an agent. It calls a model, invokes two tools, retrieves a few documents, and returns an answer. It works in your dev loop.

  • Microsoft Foundry uses OpenTelemetry for distributed tracing, metrics, and logs.
  • Traces represent a single request's journey through the system, identified by a traceid.
  • Foundry exports traces to Azure Monitor Application Insights for unified observability.

More from Tuesday 22 September →