Mobile Rocket eyeing lift-off as revenues increase

A recruitment software firm says it is eyeing opportunities with “major names” after tech and geographical expansions helped bolster revenue.

Mobile Rocket has seen annual recurring earnings jump 30 per cent following consecutive growth quarters that have seen client numbers surpass one million a week.

And founder Adam Lee says the business is “well on track” for one of its strongest years as it combines apparatus rollouts with a US venture.

The firm – based in Newton Aycliffe, County Durham – earlier this year unveiled an artificial intelligence-driven platform, known as the Applicant Tracking System, which it says keeps “every aspect of recruitment under one roof”, with software generating job adverts and multi-post vacancies across well-known employment sites.

It has also grown its presence across the Atlantic amid increasing demand for its technology, which is already used by organisations including Amazon and the NHS.

Adam said: “We’re delivering a service clients value, and when you combine that with the quality of our team and our technology, you start to see why the business is thriving.

“The Applicant Tracking System has been a huge part of our success; clients like it, and having our artificial intelligence built into the platform has been a huge advantage.

“Before, recruiters would have to input everything manually – now they can simply ‘ask and get’.

“It has been transformational.”

Adam added the tech uplift has also played a significant role in halving client churn and taking weekly user numbers regularly beyond the seven-figure mark.

And he says the firm has a growth blueprint in place to build on its successes, which includes augmenting app delivery with other services.

He added: “Our big market now is creating recruitment platforms for major names. 

“We’re building the technology that sits behind recruitment businesses and helps them manage their people, processes and growth.

“That’s where we see the biggest opportunity, and the first half of this year shows what can happen when great people and technology come together.”

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