
51 - 200 employees
Founded 2016
🎯 Recruiter
☁️ SaaS
IT Solutions • Recruitment • SaaS
Penguin Formula is a company specializing in providing highly skilled and communicative IT professionals to help clients build customized software products. Founded based on the recognition of a shortage of developers in the Dutch market, the company started by recruiting Portuguese developers and has since expanded its recruitment efforts to Brazil and South America. Penguin Formula offers nearshore and offshore IT solutions and prides itself on building dream teams for various enterprises. The company also develops specific SaaS and AI solutions, such as LetShare EMS for event management and PIAF, an AI-based chatbot. With a mission to connect the best software developers to its clients, Penguin Formula focuses on growth through innovation and quality assurance in software delivery. They are headquartered in Lisbon with additional offices in Amsterdam, aiming to be a leading player in the European IT market.
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51 - 200 employees
Founded 2016
🎯 Recruiter
☁️ SaaS
IT Solutions • Recruitment • SaaS
Penguin Formula is a company specializing in providing highly skilled and communicative IT professionals to help clients build customized software products. Founded based on the recognition of a shortage of developers in the Dutch market, the company started by recruiting Portuguese developers and has since expanded its recruitment efforts to Brazil and South America. Penguin Formula offers nearshore and offshore IT solutions and prides itself on building dream teams for various enterprises. The company also develops specific SaaS and AI solutions, such as LetShare EMS for event management and PIAF, an AI-based chatbot. With a mission to connect the best software developers to its clients, Penguin Formula focuses on growth through innovation and quality assurance in software delivery. They are headquartered in Lisbon with additional offices in Amsterdam, aiming to be a leading player in the European IT market.
• Define and own GovConnect’s vision, mission, and long-term growth strategy • Position GovConnect as a trusted solution within the government and public-sector ecosystem • Lead public-sector sales strategy, pilot programs, and institutional partnerships • Navigate procurement processes, stakeholder alignment, and long sales cycles • Build strategic relationships with government entities, agencies, and municipalities • Work closely with product and technology teams to ensure the platform evolves in line with real institutional needs • Oversee day-to-day operations, budgeting, and performance tracking • Ensure sustainable financial planning and scalable operating models • Build and lead the leadership team as the company grows • Represent GovConnect and the LetShare Group with partners, institutions, and investors
• Founder-level leader with experience building or scaling B2B, GovTech, or enterprise SaaS companies • Comfortable operating in complex, regulated environments and working closely with institutional stakeholders • Fluent in English • Proven experience in business leadership, growth, or commercial strategy • Understanding of public-sector or enterprise procurement environments • Strong communication and stakeholder management skills • Pragmatic, execution-driven mindset with long-term vision • Willingness to take ownership and accountability at company level
• Meaningful equity participation aligned with long-term value creation • Competitive compensation structure based on experience and contribution • Performance-based incentives linked to company growth milestones
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