Madrid-Based Jobandtalent Raised $290 Million in a Series C Funding Round
This article is about madridbased-jobandtalent-290m-80k-lomastechcrunch Spanish startup Jobandtalent has raised more than $290 million in a Series C round, bringing the total raised to EUR166 million. The company operates a dual-sided platform that connects employers in need of casual labor with temporary workers. The company’s founders expect demand to rise as more processes become digital.Visit here.
Series B round
Madrid-based jobandtalent has raised $40 million in a series B round of funding. The company provides tailored matches between workers and companies. Its customers include companies such as Telefonica, Ceva Logistics, and DHL. Its investors include Kinnevik, SoftBank Vision Fund 2 and BlackRock. This is the company’s second round of funding, and the amount raised represents a significant milestone.
The company, which launched in 2009, is expanding globally. It now operates in nine markets and is actively hiring across the US and Europe. Its revenue is growing at a rate of 130% annually, and it has become EBITDA positive since 2020. Other investors in this round include Atomico, DN, Infavia, Kibo, and Quadrille.
Growth rate is 130% annually
Madrid-based Jobandtalent is a thriving tech company with a strong growth rate. The company’s revenue run rate is more than EUR1 billion per year and it is EBITDA positive. Investors include Atomico, Seek, DN Capital, and Kibo Ventures.
Madrid-Based, which was founded in 2009, has been growing rapidly. Its platform connects companies looking for temporary staff with workers who are looking for work. The company has raised more than EUR290 million and plans to expand its operations in key markets.
Plans to expand in key markets
Founded in 2009, Madrid-based jobandtalent is currently present in 8 countries, including the United Kingdom, Germany, France, Mexico, Colombia and Portugal. The company has ambitions to expand its business into the United States and other key markets. It currently has 2,000 international clients, and plans to reach over 200,000 in the next few years.
Jobandtalent is a workforce marketplace that matches individuals with temporary positions. The company has raised more than EUR500 million in equity and debt funding from investors SoftBank Vision Fund 2 and BlackRock. It plans to use the funding to expand into new markets and consolidate its leadership position in key markets.
Jobandtalent, which launched in 2009, has a team of nearly 200 employees and serves over 1,300 clients, including household brands such as DHL, FedEx, eBay, and XPO. It claims to be growing by over 130 per cent annually and has an EBITDA of around $14 million.
The company plans to expand in key markets, including the UK and the Netherlands. It recently closed a EUR23 million Series A round with selected investors. The funding is one of the largest in the Spanish ecosystem. The company also secured EUR23 million from Percacer, a Spanish investment firm that manages more than EUR4 billion for the Koplowitz family.
Jobandtalent matches the right workers for the right roles. The firm also employs workers directly, eliminating the need for hiring intermediaries. Its technology manages the back-end administrative processes, which make it easier for companies and workers to find each other. It also keeps track of worker satisfaction and tracks absences and late arrivals.
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