VC Funding

Italian Start-up Rysto Partners with Docebo

Naples/Milan (I), August 2013 - Having established a partnership with Docebo, the Italian start-up Rysto, a social platform that speeds up recruiting and training in the world of catering and hospitality, has received venture capital of around a million US dollars.

Rysto is an online portal designed for both organisations offering and individuals searching for job opportunities in the catering and hospitality industry. The company recently benefitted from a financial shot in the arm from Principia Venture Capital. The funding will allow Rysto to export the Italian style of excellence in these sectors internationally.

In addition, Rysto has signed a strategic partnership with the global eLearning solution provider Docebo to allow job seekers to acquire specific skills and knowledge in the food, beverage, and hospitality sectors. The funds will be invested in product development and international expansion.

There is more than a just simple "job finder website" behind Rysto's success, as the portal offers a great online training area in collaboration with Docebo. The training area allows job seekers to attend professional online courses and gain sectoral skills for better employment chances, so they can receive the proper training before approaching the new job.

By accessing the Rysto webite, people who are looking for employment are able to build their own public profile and access many job opportunities in the restaurant and hospitality industries. Business owners can upload geolocalized job offers and find qualified candidates within seconds.

The alliance between Rysto and Docebo demonstrates how the "new generation" of Italian entrepreneurs is able to provide added-value to Italy's excellences by providing not only the traditional products and services, but also technologies that are designed to reduce time-to-market and enable the global expansion of any type of business.

Claudio Erba, CEO and founder of Docebo, serial entrepreneur, Rysto's board VP, and investor, who has already gathered several million dollars in VC rounds, states, "The alliance between Docebo and Rysto is a strategic asset. Docebo's training technologies will be extremely beneficial for the internationalization process of Rysto's restaurant and hospitality-related businesses".

"We see high employee turnover in the restaurant industry: up to 110% on a yearly basis. In this scenario, Rysto is able to meet two kind of crucial needs: it is the point of contact between job offerers and seekers." And Jacopo Chirici, CEO of Rysto stated, "Our service is also useful for job seekers who need training around specific industry-related skills. We help employees to get a job, and we also help companies hire trained and certified workers."