Madrid-based Jobandtalent Raises $290 Million in Latest
Jobandtalent, a Madrid-based HR services platform, has raised $290 million in a new funding round led by SoftBank’s Vision Fund [1]. The company’s total funding now stands at over $440 million. Jobandtalent’s latest funding round will allow the company to expand into more countries and invest in developing new technology.
Founded in 2009, Jobandtalent provides a job matching platform that connects job seekers with employers. The platform uses artificial intelligence (AI) and machine learning algorithms to match job seekers with job opportunities that fit their skills and experience. The company also offers other HR services, including payroll management and compliance services.
Jobandtalent has been growing rapidly in recent years, with its revenue increasing by 150% year-over-year in 2020. The company currently operates in Spain, the UK, Germany, Sweden, Mexico, Colombia, and France. With its latest funding round, Jobandtalent plans to expand into new markets in Europe and Latin America.
Jobandtalent’s Series D Funding Round Raises $108 Million
In addition to its latest funding round, Jobandtalent raised $108 million in a Series D funding round led by Softbank Vision Fund 2 [2]. The funding round also saw participation from existing investors such as Atomico, DN Capital, FJ Labs, and Quadrille Capital.
Jobandtalent plans to use the funds from its Series D funding round to continue expanding its operations and investing in technology. The company is also exploring new business models that could help it grow even faster.
Jobandtalent’s AI-Powered Platform Helps Employers Find the Right Talent
Jobandtalent’s AI-powered platform is designed to help employers find the right talent quickly and easily. The platform uses machine learning algorithms to match job seekers with job opportunities that fit their skills and experience.
Employers can use Jobandtalent’s platform to post job openings, review resumes, and schedule interviews. The platform also offers payroll management and compliance services, making it a one-stop-shop for HR needs.
Jobandtalent’s platform has been well-received by both job seekers and employers. The company has over 10 million registered users and has helped over 100,000 companies find the right talent.
Conclusion
Jobandtalent’s latest funding rounds have positioned the company for continued growth and expansion. With its AI-powered platform and comprehensive HR services, Jobandtalent is well-positioned to help job seekers find the right opportunities and employers find the right talent. As the company expands into new markets and invests in new technology, it is likely to become an even more important player in the HR services industry.