Tech

Keelvar set to double headcount to 200 by the end of next year

Smart sourcing firm, which just raised $24m is aiming for annual recurring revenue of €10m with a plan to surpass the €100m milestone soon

Alan Holland, who founded Keelvar, the University College Cork spin-out in 2012: ‘We’re at just under 90 people at the moment, but we’ll be hitting 200 by the end of next year.’ Picture: John Allen

Keelvar, a Cork-based smart sourcing company, plans to more than double headcount by the end of 2023.

Speaking to the Business Post, Alan Holland, who founded the University College Cork spin-out in 2012, said that after increasing employee numbers by 200 per cent last year, the company intended to take on even more people. Last week, Keelvar announced a $24 million (€23 million) investment.

“We’re at just under 90 people at the moment but we’ll ...