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Reading: Italian Startup Stema Raises $1.74M to Automate STEM Recruitment
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Home > News > Italian Startup Stema Raises $1.74M to Automate STEM Recruitment
News

Italian Startup Stema Raises $1.74M to Automate STEM Recruitment

Shalini Pathak Published Oct 16, 2024
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Italian Startup Stema Raises $174M to Automate STEM Recruitment
Italian Startup Stema Raises $1.74M to Automate STEM Recruitment
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Stema, an Italian career copilot platform for engineers, has recently announced that it has raised $1.74 million (€1.6 million) in a funding. United Ventures led the round via its UV III and UV III Lombardia funds, the latter backed by the regional “Lombardia Venture” initiative for high-potential tech startups. Eden Ventures, Club degli Investitori, and Octopus Ventures also participated in the round.

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Co-founded by Vito Lomele, Davide Bodini, and Matteo Gambera, Stema is not just another career platform. It’s a unique B2B solution that automates STEM recruitment by focusing on career paths rather than individual job openings. This approach builds trust with professionals and creates a large community of STEM talent around its platform. AI empowers engineers to navigate the job market and identify companies where they can thrive. Similarly, companies can pinpoint the engineers best suited for each role, ensuring a stronger fit between talent and position. This is crucial for fostering creativity and innovation in the workplace. It has secured contracts with 15 of the country’s top technical employers.

Speaking about the company, Davide Bodini, CEO and Co-founder of Stema, said:

We’re at a turning point in how we access talent. Until now, HR departments have had to rely on many undifferentiated platforms, incapable of effectively reshaping the interaction between talent and companies. With Stema, we will guide the careers of 10 million European engineers, making the continent’s businesses more competitive globally.

Davide added:

For the first time in recruiting, new AI-powered tools allow us to offer professionals the same level of personalized attention and guidance previously reserved for executives, who are used to working directly with headhunters. By empowering millions of European professionals to pursue their career aspirations more effectively, Stema will drive innovation within businesses and ultimately strengthen our continent’s Competitiveness.

Paolo Gesess, Co-founder and Managing Partner of United Ventures, also commented:

The rise of artificial intelligence and its integration into businesses creates fertile ground for HR innovation. Coupled with this is the strong demand for STEM professionals, who are difficult to attract and place using traditional approaches. This presents a clear market opportunity: to tap into this talent pool and innovate the model to match supply and demand better. Stema, led by an exceptional team, stands out as one of the few companies with a vertical focus on STEM profiles and a community-based approach. It has all the ingredients to build a significant competitive advantage in the HR tech sector.

With this new funding, Stema is not just planning to expand, it’s preparing to make a significant impact. The organization plans to develop its technology platform, expand its team, solidify its market presence in Italy, and prepare to expand into Germany. This expansion will not only benefit Stema but also the European engineering community, making it easier for professionals to pursue their career aspirations effectively and drive innovation within businesses.

TAGGED: B2B, Career Growth, Community, Engineering, HRTech, Innovation, STEM
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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