Extracadabra

The platform serves as a comprehensive human resources management tool, enabling companies to fill both short-term and long-term staffing needs. It caters to a variety of contract types, including freelance, temporary (intérim), and permanent (CDI) positions. The business model is centered on intermediation, where the platform facilitates a match between a company's job posting and a curated selection of qualified candidates from its extensive database. While employers post jobs and set the pay rates, Extracadabra handles the administrative aspects of recruitment and payment processing, collecting a commission from the hiring establishments. This service has proven highly effective, showing exponential growth in revenue from €2.5 million before the COVID-19 crisis to €27 million in 2024.

The core of Extracadabra's service is its mobile application and proprietary matching algorithm. This technology allows businesses to post a job and receive applications from suitable candidates in minutes. For job seekers, the platform offers the flexibility to choose when and where they want to work, which is a significant benefit in industries not suited for remote work. The platform features a recommendation system where establishments can endorse profiles, creating a virtuous cycle that highlights reliable and skilled workers. The service is accessible 24/7 and supports a community of over 185,000 active candidates and more than 25,000 partner establishments, including major brands like Sodexo, Big Mamma, and Groupe Bertrand. The company has secured significant funding, including a recent €15 million round from Actual Ventures, to fuel its expansion into the top ten largest cities in France and broaden its reach into the logistics and mass distribution sectors.