Jobandtalent, a Madrid-based recruiting platform, has successfully raised $108M in new funding, allowing them to expand their ‘workforce as a service’ platform. This is great news for the company and will give them a unique opportunity to grow and reach new markets.
This article will explore how the new funding could help Jobandtalent expand and what implications it will have on the industry.
Overview of Jobandtalent
Jobandtalent is a Madrid-based startup that operates an end-to-end platform for ‘workforce as a service’. This platform offers employers and employees the digital tools to connect and manage the workforce agilely.
The startup was founded in 2009 by co-CEOs Juan Urdiales and Felipe Navío to fill job vacancies faster and more efficiently using its technology platform. Over the years, Jobandtalent has expanded beyond Spain, with operations across Europe and North America via Mexico. The company works with various SMEs to major businesses including Uber, Deliveroo, Glovo, Groupon, Accenture, Microsoft and more.
Recently, Jobandtalent announced it had raised $108 million Series C funding from Investindustrial which will further accelerate its growth across current and new markets, such as Brazil, India and Southeast Asia. This will allow the ‘workforce as a service’ provider to rapidly develop its technology platform for greater reach and market impact.
With this new funding round and technology advancements in progress, Jobandtalent is set for continued success within its sector – driving long-term efficiency gains for businesses of all sizes worldwide!
Summary of new funding
Jobandtalent, provider of a global “workforce-as-a-service” platform, has announced the closing of a $108 million funding and debt refinancing. Led by Adit Ventures and Atomico, the round also counts with the participation of current and new investors such as Samaipata Ventures, Amadeus Capital and Atresmedia.
This investment will enable Jobandtalent to build on its successes to date and expand both its geographic reach in Spain (Madrid, Barcelona, Seville), UK (London) and Mexico (Monterrey) into other key markets. It also plans to double down on product innovation to further accelerate growth in its core on demand staffing business.
The workforce-as-a-service platform offers various services from recruitment automation to flexible schedules for jobseekers while offering employers opportunities to quickly acquire personnel with highly specific skills when needed. Jobandtalent claims that this model can bring up to 30 percent cost savings compared to traditional recruitment methods.
How the new funding will help Jobandtalent
Jobandtalent recently announced that it has received $108M in additional funding to help expand its ‘workforce as a service’ platform. This additional funding will enable the company to invest in new technologies, products, and services. It will also give them the capital to expand their platform to other countries. By doing so, Jobandtalent can enhance its services and provide a better customer experience.
In this article, we will discuss how the new funding will help Jobandtalent expand:
Expansion of Jobandtalent’s platform
Jobandtalent, a Spanish-based startup that provides an innovative “workforce-as-a-service” platform, has recently secured $108 million in a Series D funding round. This brings the company’s total funding to $265 million and marks an important milestone. The new funding will enable Jobandtalent to expand its platform internationally and explore new technology integrations that can further support its customers.
The company was founded on a mission to modernise the labour market and since 2011 it has connected more than 4M workers with hirers in Spain, Germany, France and UK with thousands of job opportunities. Shortly, Jobandtalent plans to capitalise on this funding by expanding its services into Latin America with upcoming offices in Buenos Aires, São Paulo, Bogotá and Mexico City by 2021. This strategic move will allow the company to tap into dynamic markets across Latin America such as Argentina, Chile and Uruguay.
Additionally, Jobandtalent also stated that it will use these funds to continue developing revolutionary technologies such as artificial intelligence (AI), machine learning (ML) and Natural Language Processing (NLP) capabilities within its platform. These integrations will provide employers enhanced insights for better decision making regarding job placements enabling them to access pre-screened talent from around the world.
Furthermore, it is also worth mentioning that this latest funding round saw participation from Sumitomo Corporation of Americas who are no strangers to assist Jobandtalet’s growth throughout its journey. With this investment Sumitomo further cements its partnership with Jobandtalent while providing additional resources for the latter’s growth efforts.
Increase in marketing and sales efforts
Jobandtalent’s new $108M funding round will provide them with the resources to expand their ‘workforce as a service’ platform. The company has plans to use the funds to increase their marketing and sales efforts, hire more staff and improve the scalability of their product.
With this additional capital, they also plan to review some strategic investments in companies that complement their mission.
Specifically, Jobandtalent will focus on growing its presence in regions with potential for significant market expansion. To achieve this goal, they plan to:
- Expand into new countries
- Increase marketing campaigns in existing ones
- Use the funds for product development efforts, deploying analytics tools to improve customer service quality and satisfaction
- This could result in new features on the platform or better-integrated services with its partners such as UberEATS and Deliveroo
- Hire additional employees domestically and internationally to keep up with customer demand while meeting their vision of providing an unbeatable experience for customers and employers alike.
Ability to hire more talent
Jobandtalent’s new $108 million funding injection has allowed the hiring platform to move forward with its plans for expansion. The Spain-based firm provides a ‘workforce as a service’ platform that streamlines finding, assigning and managing talent to companies worldwide.
The additional funds mean that Jobandtalent now has greater capacity to hire more talent to meet the increasing demand for its services. This will give them a greater selection of both permanent and freelance staff who are well-qualified and have the necessary skills to deliver their clients’ projects on time.
With this new infusion of capital, Jobandtalent will also be able to invest further into research and development of their product offering, allowing them to stay at the forefront of technological advancement in recruitment and staffing solutions. This could aid them in securing new partnerships with larger organisations due to the enhanced scalability of their technology. Moreover, they will be able to pursue job opportunities outside their current markets by investing into better customer experience offerings such as international recruiting capabilities.
In sum, Jobandtalent’s recent funding round affords them many opportunities for new growth and efficient scaling—allowing them to hire more talent than ever before, deliver improved services with competitive advantages, and perhaps even expand into other markets around the world.
Jobandtalent tops up with $108M for its ‘workforce as a service’ platform
Jobandtalent recently announced that it has raised $108 million in funding, which will help the company to expand its ‘workforce as a service’ platform. This expansion can have a significant impact on the way companies hire and manage their employees. It can potentially revolutionise how businesses approach labour, saving them money and time by optimising their workforce.
Let’s look at the potential impact of Jobandtalent’s expansion:
Increased competition in the job market
Jobandtalent’s latest funding of $108M will help them strengthen their ‘workforce as a service platform’, allowing them to reach more employers and employees globally. This could mean increased competition in the job market for companies looking to hire and the talent they are looking to recruit.
Through increased investment, Jobandtalent is likely to develop new technology and better algorithms that match companies with talent efficiently, thereby increasing efficiency in the industry. As a result, Jobandtalent will be able to provide better services such as tailored recommendations for employers and shorter hiring times for jobseekers. They are also expected to expand their regional reach previously limited by resources available and focus on capturing untapped talent markets using its proprietary technologies.
Furthermore, Jobandtalent’s additional funding enables them to invest more heavily in data-driven insights designed to bring greater transparency into skills gaps within certain industries or particular regions. By enhancing their AI capabilities, Jobandtalent will likely improve the overall user experience for employers seeking suitable staff and applicants vying for positions by providing greater visibility over predictive analytics.
Overall, this new influx of capital is set to strengthen Jobandtalent as a key provider within the hiring space – bringing further disruption into what has traditionally been a labour-intensive process – while providing professionals with more effective recruiting tools needed in an increasingly competitive job market.
Improved job opportunities for job seekers
The additional funding that Jobandtalent has received through its new investors will help the company to expand its operations and invest in technology and products to ensure a better job seeking experience for users. Jobandtalent is one of the leading job platforms, having over 20 million registered job seekers across Spain and Latin America.
With this fresh capital, Jobandtalent will now be able to create even more job opportunities for people across these regions. The platform also provides valuable services such as resume writing, career advice, skills assessment tests, and education programs to help job seekers develop their profile and competitiveness in the market. All these initiatives are expected to be expanded with the new funding.
In addition, Jobandtalent will be in a better position to serve employers by connecting thousands more qualified candidates with potential roles quickly and efficiently. This added capability will enable the platform to increase its presence in Europe while also entering new markets in North Africa, Eastern Europe, Asia Pacific and South America. Through these initiatives and investments, Jobandtalent is projected to increase their user base exponentially over time, which will ultimately benefit both employers and job seekers by providing them with better access to quality work experiences at competitive rates worldwide.
Increased access to services for employers
Jobandtalent has just secured an additional $108 million in investment to expand its ‘workforce as a service’ platform. With the new funding, more employers will now be able to access Jobandtalent’s services worldwide.
The platform offers a variety of services, including background checks and recruiting. With this financing, employers will have greater access to these tools and automated processes, making the entire hiring process simpler and more efficient. Jobandtalent’s workforce platform also provides companies with a comprehensive view of talent market trends and data-driven insights into their overall business strategy.
The investment is part of a trend that suggests companies are becoming increasingly aware of the importance of better managing their human capital. By topping up its workforce as a service platform with this additional funding, Jobandtalent is helping businesses gain better access to technology-driven solutions for hiring people quickly and efficiently.
Overall, this increased funding will benefit employers and job seekers by giving companies more options for streamlined employee recruitment processes while ensuring that workers can find fulfilling employment opportunities more easily in challenging times. As such, it can be seen as an endorsement of Jobandtalent’s success to date and its ongoing dedication to ensuring the world gains great human capital—no matter where they live or what career they choose.
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