Madrid-Based Jobandtalent Rakes $108M and $290M in Series D Funding
The Spanish-based jobsite Jobandtalent raises $108M and $290M for its dual-sided platform to help employers find temporary workers. In the past year, the company has helped more than 80K people find temporary gigs. It has raised $108M in Series D funding. We can say that we will discuss every point of Madridbased 108m 290m 80k Lomastechcrunch in this article.
Jobandtalent is a digital platform that connects temporary employees with employers
Jobandtalent is a Spanish startup that runs a platform that connects employers and temp workers. The company is focused on simplifying the temporary employment process and aims to help both parties benefit from the process. The user-friendly platform helps users find jobs, apply for them, sign contracts and get paid within the app. The startup has already raised over $290 million, with plans to continue investing in its services to meet the growing demand.
In the past year, Jobandtalent has helped over 80,000 workers find temporary employment. It currently operates in seven markets, including Spain, the U.K., France, Germany, and Sweden. It is also expanding into the U.S., where the company is targeting employers with large temporary workforces.
The company targets 500 million temporary workers worldwide. It aims to make precarious work less precarious for them by offering increased benefits and a streamlined experience. The platform also claims to cut costs over traditional temping agencies. This approach, however, isn’t without controversy.
Jobandtalent is growing rapidly and recently raised a $500 million Series C funding round led by Kinnevik. The funding will help the company expand in its key markets. In addition, it will significantly increase its tech team over the next two years and add key executive roles. The startup has been growing at an EBITDA rate of 130% per year and is now profitable.
The company has partnered with several investors, including Atomico, Seek, DN Capital, and Kibo Ventures. The funding will help Jobandtalent continue to provide its workers with tangible benefits and enhance its innovative financial products. With these investments, the startup expects to transform the temporary employment sector.
Jobandtalent is based in Madrid and has a global presence. It was founded in 2009 and has been backed by world-leading venture capital firms. The company currently has over a billion euros in annual revenues and has been named one of Spain’s most valuable startups globally. In addition, it has been ranked as Europe’s 10th fastest-growing startup last year.
Jobandtalent provides a digital environment for employers and temporary employees. By connecting the two parties through the platform, they are able to reduce the time required to fill roles. Moreover, they are able to reduce the cost and time of hiring new employees.
It uses AI to find the best candidates for open positions
With AI, companies are able to find the best candidates for open positions, without having to waste time on recruiting. Traditionally, companies have had to spend hours networking and sifting through resumes. However, a new startup, Workey, is using AI to match companies with the most qualified candidates. The startup has raised $8 million in Series A funding and is launching in the U.S.
It raised $108 million in Series D funding
Lomastechcrunch is an AI-powered platform for local businesses. It has offices in Westfield, Indiana, Tel Aviv, and Campinas, Brazil. It raised $108 million in Series D funding, valued at $615 million. Other investors in the round included Arpex Capital, Durable Capital Partners, Micron Ventures, Sorenson Capital, and others. The funding brings the company’s total funding to over $3 billion.
The startup has been raising money steadily. Its Series D funding includes an additional $100 million in debt funding. Other recent funding rounds include a $110 million Series A by Koch Disruptive Technologies. The company was previously valued at $1.6 billion. A recent $106 million round by Lightspeed Venture Partners and StepStone Group has brought the total raised to more than $1 billion.
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