Recruitment agencies run on software assembled over decades, and Spott treats that as the opening. The Leuven company has banked €18.3 million ($21 million) in Series A money to widen its AI-native operating system for agencies.
Balderton Capital took the lead. Base10 Partners, Y Combinator and Fortino participated as well in the round. Before this round, the Belgian business had raised a €2.8 million seed, back in March 2025.
The three founders met at university and spent years advising staffing firms as consultants at McKinsey, Bain and BCG before starting the business in 2024. Their read on the market: judgment occupies roughly a fifth of a recruiter’s hours, while candidate sourcing and paperwork consume the rest.
Emails, CVs and pipeline data become searchable intelligence inside Spott, so an agency no longer juggles a separate tool for candidate databases, outreach, note-taking and scheduling. H.W. Anderson is a customer, and so is CGP Group, a firm of 200 people that runs the platform across twelve countries.
Revenue and reach
Growth has been steep: Spott puts revenue at more than ten times its level at the start of 2026, with APAC supplying about 20% and the US around 15%. Money from the round goes to international expansion, enterprise features and new hires.
Defragmentation is the sales pitch. Agencies squeezed on both cost and placement volume have been slow to consolidate their tooling, which leaves the door open for a newer entrant.
