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Humly Announces Significant Investment From Alfvén & Didrikson and Viking Venture

Humly Announces Significant Investment From Alfvén & Didrikson and Viking Venture

by | Oct 10, 2023 | Humly

Humly is proud to announce a substantial investment from the investment companies Alfvén & Didrikson and Viking Venture. This investment is expected to propel Humly, the leading digital marketplace in the supply teaching industry, towards accelerating growth in its existing markets. Humly is the leading supply teacher marketplace for both the private and public sectors. The easy-to-use and well-functioning matching of teachers and educators enables nurseries and schools to fill short or long-term gaps, addressing the teacher shortage in Sweden and the UK. This investment underscores Alfvén & Didrikson’s and Viking Venture’s commitment to fostering innovation and shaping the educational industry for the better.

“Humly is in the business of empowering educators, affording them the liberty to choose their work hours, locations, and load. Our digital platform is making this autonomy a reality. By 2030, the void of a teacher may haunt as many as 69 million classrooms and nurseries. Yet, a single push of a button on our platform can pave the way for educators to find and seize jobs that echo their calling. This investment is the fuel propelling us on this ambitious journey”, comments Gustav Bild-Tofftin, CEO at Humly.

“We are impressed with Humly’s efficient marketplace and how closely they work with their customers to create a long-lasting and healthy business. It is a dedicated and humble team that we look forward to working with. The opportunities are huge and Alfvén & Didrikson’s experience from scaling growth companies internationally with existing investor Viking Ventures’ long software expertise is a good match with the Company’s needs going forward”, says Maria Åhr, partner at Alfvén & Didrikson.

Humly will focus on expanding in the UK market through continued M&A and thereby increase the network effects and strengthen the marketplace. Continued innovation and improved user experience will also be a focus area.

“It’s been a great pleasure to work closely with founders Gustav Bild-Tofftin and Kristoffer Persson and the rest of the great Humly team and follow their growth journey so far. The introduction of A&D as co-investor strengthens the team and proves that Humly is on the right path forward”, says Eivind Bergsmyr, partner at Viking Venture and Chairman of the Board of Humly.

About Humly
Humly is the UK’s leading digital marketplace of supply teachers, empowering educators to control their resources. Humly is dedicated to bridging the supply gap to schools, nurseries, and educators across Sweden and the UK, including, Fareham, Milton Keynes, Bristol, Birmingham, Sheffield, Nottingham, Liverpool, Manchester, and Newcastle. For further information about the team and upcoming highlights please see.
http://www.humly.co.uk


About Alfvén & Didrikson
Alfvén & Didrikson is an active and long-term backer of passionate entrepreneurs and teams with international growth ambitions. Since the start in 2010, the firm has focused on making investments in fast-growing Northern European companies, such as Trustly, Quinyx, and Mentimeter. For further information about the team and the investments please see.
http://www.alfvendidrikson.com


About Viking Venture
Viking Venture is the lead investor in Humly. Viking Venture helps B2B software companies scale. The Viking community of over 20 companies offers a unique environment for exchanging knowledge, ideas, and experiences.
http://www.vikingventure.com

Humly Acquires Leading Education Staffing Business, M2

Humly Acquires Leading Education Staffing Business, M2

by | Oct 6, 2023 | Humly News

Preston 23.10.06 

In a move that underscores its commitment to empowering educators across the UK, Humly is excited to announce the acquisition of M2, one of North England’s premier education staffing businesses. Humly is proud to welcome the fifth acquired company into the family.  

This acquisition signifies our company’s ambitious expansion goals in the UK, giving educators more autonomy and expanding its influence in key regions. “M2 was a strategic choice for us”, states Gustav Bild-Tofftin, CEO at Humly. “Their well-established presence in both the North West and the North East of England, combined with their reputation as a well-run, quality-driven business, makes them a perfect fit for our ethos”.

Humly’s CEO further emphasised the synergy between the two entities: “When entering the UK market 2 years ago, we sought companies that shared our vision and had a robust foothold in strategic regions. This acquisition, our fifth in a series of successful mergers, sets the stage for remarkable success, bringing our innovative solutions to even more schools, nurseries, and educators”.

Adding to this sentiment, Alex Shanks, Head of M&A at Humly, who was closely involved in the acquisition process, remarked, “M2 is not just a solid business; it’s a dynamic entity that continues to evolve and adapt in the ever-changing educational landscape. Humly has a proven M&A strategy through four acquisitions in the UK to date, with a presence in many regional markets. M2 fits the acquisition strategy perfectly with their locations, teams, and culture”.     


Mark Birnie and Melissa Kumar founded M2, which has offices in Newcastle and Preston, and places teachers, teaching assistants, and tutors on a permanent and temporary basis into primary, secondary, and Special Education Needs (SEND) establishments. They focus on three regions, Newcastle, Cumbria, and Lancashire.

Mark Birnie and Melissa Kumar say: “We believe we have found the perfect match with Humly! Not only are we very culturally aligned, Humly has all the expertise and knowledge of technology in the education recruitment market that will work in synergy with M2’s well-established reputation to ensure an even more successful and efficient business where clients and candidates are at the forefront of everything we do. The future is very bright, as the world moves forward with technology, we will take the education recruitment industry to the next level with service, speed, and quality. We are excited to see M2 Education grow and the opportunities this brings to our staff to develop themselves further”

 
For further details about the acquisition or to delve deeper into Humly’s future endeavors in the UK, please reach out to:

Gustav Bild-Tofftin, CEO
gustav.bild-tofftin@humly.io

About Humly 

Humly is the UK’s leading digital marketplace of supply teachers, empowering educators to control their resources. Humly is dedicated to bridging the supply gap to schools, nurseries, and educators across Sweden and the UK, including, Fareham, Milton Keynes, Bristol, Birmingham, Sheffield, Nottingham, Liverpool, Manchester, and Newcastle. For further information about the team and upcoming highlights please see.
www.humly.co.uk 

About M2 

M2 Education is a specialist teaching agency that places Supply Teachers, Cover Supervisors, Tutors, Teaching Assistants, Nursery Nurses, and other supply staff for schools and other educational establishments across the North of England

www.m2education.co.uk