We are pleased to announce its investment in Hosco, the global professional network for the hospitality industry.

Founded in 2011 by Olivier Bracard and Carl Julien, Hosco enables successful and efficient recruitment across the hospitality industry by connecting talented candidates, schools, employers and recruiters around the world.

We believe that only Hosco can provide global access to top hospitality talent and opportunities, thanks to its curated, engaged community and its special talent search services.

Let’s fix the hospitality recruitment problem: cue Hosco.

When Olivier and Carl graduated from the Ecole Hôtelière de Lausanne, they noticed that the system of recruitment for the hospitality industry was broken. The hospitality industry is probably the largest employment sector in the world, comprising near 10% of the global working population.

However, recruitment for hospitality suffers from fragmentation, a shortage of high-calibre talent, a very high headcount turnover and an inefficient hiring process. All the stakeholders in the hospitality industry (employers, candidates, schools) demand better, more cost-efficient solutions for this recruitment problem, but they are currently poorly served by the old-fashioned, resource-intensive, low-tech recruitment companies.

Hosco solves the hospitality recruitment problem. Based in Barcelona and with offices in Geneva and Dubai, Hosco connects 350,000+ curated professionals, 250+ schools and universities, and 4,500+ employers (hotels, restaurants, and businesses where premium customer service is key).

Hosco’s solution provides job postings, talent placements, professional development tools, content, and connections. It can be easily adapted as a branded site for a corporate client or as the career/alumni site for a hospitality school. Indeed, Hosco’s strong connection to prestigious hospitality education centres gives it a privileged access to the best talent around the world.

Hey Hosco, you are my type!

At Nauta, we realized early on that Hosco fits well with our thesis of investing in disruptors of large, inefficient industries that are led by passionate, exceptional founders who aspire to become global leaders. You just need to hear Olivier saying: “We are committed to making a significant impact on the lives of hospitality professionals, business ventures, and the industry as a whole”, and you know that Hosco is a Nauta-type company.

Hosco’s clients have become its main evangelists because they know the significant value that Hosco adds to them, as it enables them to hire international talent in an efficient manner. Their level of trust in Hosco’s sourcing of talent is very high, and one may say that “if you are in Hosco you must be good and if you are good you should be in Hosco”.

We saw that Hosco is ahead of its competitors, having created a new way for the hospitality industry to recruit, always innovating and applying technology to ease its users’ lives.

Hosco’s clients are also very thankful of the premium customer service they receive from Hosco, which is probably a result of the team’s focus on hospitality values. This high net promoter score was the final key factor for us.

In summary, in Hosco we found a fully-fledged, balanced, expert team addressing a huge market ready for technological disruption, and a company that has built an engaging solution with traction, defensibility, and a healthy cashflow dynamics. We look forward to working with Hosco to change the world of hospitality.