Jobandtalent Raises $290 Million in Funding Round Led by
Jobandtalent, a Spanish staffing platform that uses AI and machine learning to match job seekers with employers, has raised $290 million in a funding round led by SoftBank [1]. The company plans to use the funds to expand its platform and increase its presence in the US and UK markets. Lomastech, a provider of software development and IT services, also participated in the new funding round [2]. This brings Jobandtalent’s total funding to $440 million.
Founded in 2009, Jobandtalent has been successful in revolutionizing the way we find jobs and the way companies find talent. The company has raised over $108 million from investors such as Sequoia Capital, Accel Partners, and Founders Fund [3]. It is now valued at $290 million.
Expanding Jobandtalent’s Platform
With the new funding, Jobandtalent plans to expand its platform and increase its presence in the US and UK markets. The company aims to provide a more efficient and effective way for job seekers to find employment and for employers to find qualified candidates. The platform uses AI and machine learning algorithms to match job seekers with employers based on their skills and experience [1].
Jobandtalent’s expansion plans include increasing its workforce and investing in new technology. The company aims to develop new features that will make it easier for job seekers to find employment and for employers to manage their hiring process [4].
Jobandtalent’s Success
Jobandtalent’s success can be attributed to its innovative approach to staffing. The company’s platform uses AI and machine learning algorithms to match job seekers with employers based on their skills and experience. This approach has proven to be successful, as the company has helped over 80,000 employees find employment in the EU [5].
The company’s success has also been recognized by investors, with SoftBank leading the latest funding round. SoftBank is known for its investments in successful startups such as Uber, WeWork, and Alibaba [1].
Conclusion
Jobandtalent’s success in revolutionizing the way we find jobs and the way companies find talent has been recognized by investors, with SoftBank leading the latest funding round. With the new funding, Jobandtalent plans to expand its platform and increase its presence in the US and UK markets. The company’s innovative approach to staffing, using AI and machine learning algorithms, has proven to be successful, helping over 80,000 employees find employment in the EU. Jobandtalent’s expansion plans include increasing its workforce and investing in new technology to provide a more efficient and effective way for job seekers to find employment and for employers to find qualified candidates.
