Cosmico banked €12M in a Series B round led by P101 SGR. The capital injection coincides with the Italian startup's acquisition of Flatmates, a talent agency specialising in social media and influencer marketing, as it seeks to expand its footprint in the European HRTech market.
Cosmico operates a talent marketplace designed to connect freelance professionals — specifically developers, designers, and data scientists — with large corporate clients. Unlike traditional broad-reach platforms, the company uses proprietary AI matching to vet technical skills and soft competencies, aiming to provide companies with immediate access to high-end digital talent for complex projects.
The acquisition of Flatmates signals a strategic move to broaden the talent pool available on the platform, integrating creative and social media expertise with its core technical offerings. This ecosystem approach is designed to help enterprises manage the entire lifecycle of digital product development and brand communication through a single talent layer.
The expansion reflects a growing trend in the European talent economy where businesses are shifting away from rigid hiring models in favour of elastic, specialist-led teams to navigate rapid digital cycles.
Originally reported by Tech Funding News.