Phoenix soars into the US after raising €1m investment last year.
Specialist recruitment business Phoenix has opened its first US office in New York City.
The business led by co-CEOs Ed Rossiter and Ruth Lyndon offers recruitment services to companies within the Tech, FinTech, Financial Services, and Professional Services sectors.
“We are an Irish business with long-standing ambitions to go global”
The Irish headquartered company raised a €1m investment last year to help fuel its international growth plans.
Since then the business has gone from strength to strength further expanding into three global geographies with offices currently in Limerick, Dublin, London, and most recently New York. The Phoenix New York office is based in the iconic Chrysler Building on the East Side of Manhattan. Currently the company employs over 50 people worldwide and is expanding across all locations.
“This has been a tremendously gratifying milestone for the entire company,” Rossiter explained.
“We are an Irish business with long-standing ambitions to go global. Our journey over the past four years has been an incredibly rewarding challenge for us and it would not have been possible without the efforts of the entire team. We’re excited to bring Phoenix’s offering to the US, and continue working with the fantastic team we have in place.”
Phoenix co-CEO Lyndon added: “While we are facing some challenging economic headwinds, there is still much room for optimism as the future of work continues to evolve, and the demands of employers and employees continue to shift. Phoenix looks forward to continuing to be on the cusp of these changes, helping companies scale to their full potential and global ambitions, while also continuing to grow ourselves as a business in the process. New York is just one step in our exciting plans for the future.”
Joining the team in NYC are Paul Molloy as Managing Director and Kurt Kraeger as Senior Vice President, bringing a wealth of recruitment industry experience and expertise. Paul, a Waterford native, has been a veteran of the recruitment sector globally for almost a decade, working previously as a Senior Consultant in Morgan McKinley and subsequently as the Head of Advisory & Consulting Recruitment at Taurus Search in New York. Prior to joining Phoenix, Kurt spent 22 years as Managing Director, successfully building global search group Robert Walters’ NYC-based operation.
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