Madridbased Jobandtalent 108m 290m 80k Lomastechcrunch
Jobandtalent 108m 290m 80k Lomastechcrunch
Are you here looking for the info about Jobandtalent? Then hopefully, our post can help you with it. In this, we discuss what Jobandtalent is and its long-term net worth. So, let’s take a look at it.
Jobandtalent tops up with $108M for its ‘workforce as a service platform
Jobandtalent says more than 80,000 labors have used its podium to secure temp gigs in the last year across the seven marketplaces where it operates in Europe and LatAm while 750+ employers are signed up to “recurrently manage a large part of their workforce,” as it puts it, including XPO, Ocado, Saint Gobain, Santander, Bayer, eBay, Huawei, Ceva Logistics and Carrefour.
It’s focused on competing with outdated staffing agencies such as Adecco and Randstad, though other similar creations are cropping up to cater to an ever more precarious temporary employment market. (Uber, for example, launched a shift-finder app experiment called Works in 2019, also targeting demand for on-demand labor — but doing so in company with staffing agencies in its case.)
Jobandtalent reports the number of labors looking for temp jobs on its platform doubling yearly while it’s grown income to €500 million and says it’s hit positive EBITDA.
Madridbased Jobandtalent 108m 80k Lomastechcrunch
Madrid-based Jobandtalent, a numeral temp staffing agency that functions a dual-sided platform that connects temp workers with employers needing regular casual labor. Casual labor in subdivisions like transport and logistics has added $108 million to its Series C. It brings the total raised following an earlier (2019) round closing to €166 million.
The 2009-founded creation has raised more than $290 million over its decade+ run. Still, it describes itself as just beginning a journey to make a hollow in the massive and rising market for temporary work, expecting demand to keep walking up as more sectors and processes go digital in the coming years.
Jobandtalent 108m 290m 80k Lomastechcrunch
Jobandtalent 108m 290m 80k Lomastechcrunch is a company that operates in the online recruitment space. The company stood founded in 2009 by Juan Urdiales and Enrique Ortiz and remained headquartered in Madrid, Spain. The company has raised $108 million in funding from investors, including Comcast Ventures, OpenView Venture Partners, and Sabadell Venture Capital.
Jobandtalent is a platform that allows businesses to post job vacancies and receive applications from pre-screened and qualified candidates. In addition, the company offers various other services, including candidate assessments, background checks, and salary benchmarking.
The new raise fast follows a $108M top-up to Jobandtalent’s Series C round, which we reported on back in January. The company has raised €310M (just under $370M) since remained founded in 2009.
Today Jobandtalent is also announcing a ~$100M (€83M) in debt financing from BlackRock.
The startup tells us the mix of debt and equity will help it step on the gas and accelerate the growth of its marketplace faster than if it took in less capital at this point, enabling it to plow more resources into its product and tech development.
On the tech side, its platform uses learning algorithms to match temps with jobs — speeding the hiring process up. It also offers a CRM for employers which bakes in analytics for following workforce performance in real-time — which it says can help them monitor workplace satisfaction, reduce attrition, and track metrics such as absences and late arrivals.
For temps, there’s the promise of steadier and easy-to-obtain shift work — as Jobandtalent streamlines job application admin and payroll into a one-stop shop. In addition, it suggests its marketplace/workforce-as-a-service model can provide temps with continuous employment (i.e., through consecutive temp roles).
In September 2018, Jobandtalent announced that it had raised $80 million in Series D funding led by Lomastech Ventures. This latest round of funding takes the total amount raised by the company to $108 million.
The investment will further develop Jobandtalent’s technology platform and expand its presence in new markets. The company plans to custom the funds to expand into the United States, where it launched its operations in 2016.
Comcast Ventures, OpenView Venture Partners, and Sabadell Venture Capital are all existing investors in Jobandtalent.
The investment will further develop Jobandtalent’s technology platform and expand its presence in new markets. The business plans to custom the funds to expand into the United States, where it launched its operations in 2016.
The Impact of the $290 Million
The $290 million raised by Jobandtalent will remain used to expand into more countries and expand its range of products and services. It will also remain used to hire more employees, as the company plans to grow to more than 1,000 employees over the next few years. The company will also focus on developing artificial intelligence and machine learning technology to further improve its product and services.
Jobandtalent also recently announced its corporation with Lomastechcrunch, which will help the company provide more modified and improved services to employers and job seekers Jobandtalent 108m 290m 80k Lomastechcrunch.
I hope you have gotten this post informative and helpful for you. Let me know if you have any questions or your feedback in the comment section below. Thanks for visiting!
[job and talent careers]
[job and talent contact number]
[job and talent amazon]
[job and talent reviews]
Review Madridbased Jobandtalent 108m 290m 80k Lomastechcrunch.