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STRATULAT ALBULESCU lead advisor on the EUR 650,000 GapMinder Venture Partners investment within MEDIjobs Platform S.R.L., the largest online medical recruitment platform in Romania

A team of lawyers led by Managing Partner Silviu Stratulat successfully advised on the EUR 650,000 investment by GapMinder, a Venture Capital Fund financed by the Competitiveness Operational Programme 2014 – 2020, an EU programme aiming to bolster the competitiveness of the Romanian economy, within MEDIjobs, the first platform in Romania that connects companies and specialists from the medical field.

The Romanian start-up MEDIjobs attracted investments worth nearly USD 1 million. After obtaining its first angel funding last year, through which doctor Wargha Enayati joined MEDIjobs’ shareholding, the company has recently went through a new major funding phase, through which it attracted nearly USD 900,000 from the Gapminder VC investment fund and other business angel investors.

In July, MEDIjobs opened its first office in New York, US, and already has 63 clients who together need to recruit over 1,000 people annually. MEDIjobs currently has almost 30,000 unique users on the platform as well as an 80% client retention rate. The company plans to consolidate its presence on the US East Coast and explore a possible expansion to other US states next year.

As MEDIjobs is also looking to expand its team in Bucharest, this investment will allow the company to continue the development process and therefore the expansion of their presence in Romania, where they are working with almost 200 clinics and hospitals, as well as international operations.

Following the SmartDreamers, Fintech OS and Typing DNA investments, MEDIjobs is the fourth high profile GapMinder investment that STRATULAT ALBULESCU has advised on. The team was led by Managing Partner Silviu Stratulat, in close cooperation with Cristina Man, a Managing Associate with significant experience in the venture capital market and also in the Technology sector (more precisely start-ups).

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STRATULAT ALBULESCU Attorneys at Law is a young dynamic Romanian law firm, providing legal advice in all business sectors and in all areas of Business Law and Dispute Resolution in Romania. STRATULAT ALBULESCU Attorneys at Law team is comprised of lawyers who are role models in their disciplines. The law firm works in close co-operation with highly-respected law firms throughout Europe and elsewhere and has a significant experience in cross-border transactions, providing legal advice in the English, French, Italian, Romanian and Spanish languages.

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