British VC agency QuantumLight, based by Revolut’s Nik Storonsky, in the present day proclaims the ultimate shut of its inaugural €222 million fund and the launch of its second working playbook, Hiring Top Talent.
The €222 million Fund I, which closed at exhausting cap, is backed by a worldwide group of LPs, together with tech Founders and distinguished establishments.
“Our objective is to make the invisible working techniques behind iconic corporations like Revolut seen and replicable. Founders shouldn’t must reinvent the wheel in the case of constructing high-performing groups. By sharing these instruments and frameworks, we’re serving to scale-ups transfer sooner from day one. ” mentioned Ilya Kondrashov, CEO of QuantumLight.
Based by Nik Storonsky in 2023, the entrepreneur behind €40 billion FinTech large Revolut, QuantumLight’s mission is to convey scientific precision to enterprise capital. The agency leverages knowledge and expertise to spend money on high-potential corporations, pushed by a workforce of engineers, knowledge scientists, quant merchants, and seasoned firm Founders.
The agency’s method is grounded in systematic investing by way of its proprietary AI mannequin, Aleph, purpose-built to establish outlier growth-stage corporations.
“QuantumLight’s frameworks round hiring helped us convey construction and consistency to how we consider candidates. Leveraging the expertise framework and interview playbooks gave us a transparent place to begin and helped us speed up our hiring efforts. It’s been useful to study from the techniques that helped scale Revolut into a worldwide firm.” mentioned Mark Lee, Founder & CEO of MarqVision, a QuantumLight portfolio firm.
QuantumLight’s second public playbook, Hiring Top Talent, co-authored with Nik Storonsky is following the beforehand launched handbook Driving High Performance. The agency is unveiling the structured recruitment method behind Revolut’s hiring engine that helped the corporate scale to over 10,000 workers in c. 10 years.
The brand new playbook supplies a sensible blueprint for each stage of the hiring journey, guiding Founders on how you can rent at velocity with out compromising high quality. The method centres on figuring out high-potential problem-solvers and assessing them by way of a extremely structured, repeatable course of that reportedly ensures consistency and reduces bias.
The playbook positions expertise as a strategic operate that shouldn’t be outsourced, and promotes constructing an inside recruitment workforce early on.
“Our ambition is to construct the world’s finest systematic enterprise capital and progress fairness agency – and assist the brand new era of founders by sharing a number of the working ideas that we developed at Revolut”, mentioned Nik Storonsky, Founding father of QuantumLight and CEO & Founding father of Revolut.