Jobandtalent Tops Up with $108M for Its ‘Workforce as a

Jobandtalent, a Madrid-based online staffing platform, recently announced that it has raised $108 million in a Series D funding round. The latest funding round was led by SoftBank Vision Fund 2, a venture capital firm that specializes in early-stage investments [4]. The company is now valued at $800 million [5]. Jobandtalent has raised a total of $200k in funding to date [2]. According to Juan Urdiales, co-founder and CEO of Jobandtalent, the funding will be used to expand the company’s operations in Europe and Latin America [2].

The global pandemic has significantly impacted the job market, leading to an increase in unemployment rates worldwide. However, the rise of online staffing platforms has provided a solution for both job seekers and employers. One such platform is Jobandtalent, which recently raised $108 million in a Series D funding round. This article will explore Jobandtalent’s ‘workforce as a service’ platform and how it is revolutionizing the job market.

Section 1: What is Jobandtalent?

Jobandtalent is an online staffing platform that uses AI and machine learning to match job seekers with employers. The platform was founded in 2009 by Juan Urdiales and Felipe Navio and has since grown to over 10 million registered users [1]. Jobandtalent’s ‘workforce as a service’ platform provides a flexible and cost-effective solution for employers looking to hire temporary staff for short-term projects or seasonal work.

The platform’s AI algorithms match job seekers with relevant job openings based on their skills, experience, and location. Once matched, job seekers can apply for the job directly through the platform. Employers can also use the platform to manage their temporary staff, including scheduling, payroll, and compliance [4].

Section 2: Jobandtalent’s Funding Rounds

Jobandtalent has raised a total of $200k in funding to date [2]. The company’s latest funding round, a Series D, raised $108 million and was led by SoftBank Vision Fund 2 [4]. The funding will be used to expand the company’s operations in Europe and Latin America [2].

Jobandtalent’s previous funding rounds include a $42 million Series C round in 2018, led by Atomico and Seek, and a $25 million Series B round in 2016, led by Qumra Capital [1]. The company has raised $290 million in the last decade [5].

Section 3: Jobandtalent’s Impact on the Job Market

The platform has also helped to reduce unemployment rates by providing job opportunities for millions of people worldwide. Jobandtalent’s expansion into Europe and Latin America will provide even more job opportunities for people in these regions.

Section 4: Jobandtalent’s Future Plans

Jobandtalent’s recent funding round will enable the company to expand its operations in Europe and Latin America. The company plans to use the funding to develop new AI technologies that will improve the platform’s matching algorithms and enhance the user experience.

Jobandtalent also plans to expand its services beyond temporary staffing and into other areas of the job market, such as permanent staffing and training [3]. The company’s goal is to become the go-to platform for all job seekers and employers worldwide.

Conclusion

Jobandtalent’s ‘workforce as a service’ platform has revolutionized the job market by providing a flexible and cost-effective solution for employers looking to hire temporary staff. The platform’s AI algorithms match job seekers with relevant job openings, making it easier for job seekers to find work. With its recent funding round, Jobandtalent is poised to expand its operations and develop new AI technologies that will enhance the user experience. The company’s future plans to expand into other areas of the job market will further solidify its position as a leader in the online staffing industry.

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