Jobandtalent Raises $290 Million in Funding Round Led by
Jobandtalent, a Madrid-based 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’s Vision Fund [1][2]. This brings the company’s total funding to $400 million, with the previous $108 million raised in a Series C funding round [3][4]. Jobandtalent plans to use the funds to expand its platform and increase its presence in the US and UK markets [2].
How Jobandtalent Works
Jobandtalent’s platform allows businesses to find and hire quality temporary and contract workers. The company was founded in 2009 by Juan Urdiales and Felix Lopez [5]. The platform uses AI and machine learning algorithms to match job seekers with employers based on their skills, experience, and location. Jobandtalent also handles payroll and benefits for the workers, making it easier for businesses to manage their temporary workforce [1].
Jobandtalent’s Success
Jobandtalent’s success can be attributed to its innovative approach to staffing. By using AI and machine learning, the platform is able to match job seekers with employers more accurately and efficiently than traditional staffing agencies. This has led to a significant increase in demand for the platform, with the company serving over 80,000 employees in the EU [4].
Expansion Plans
With the new funding, Jobandtalent plans to expand its platform and increase its presence in the US and UK markets. The company aims to become the go-to platform for businesses looking to hire temporary workers, and believes that its innovative approach will give it a competitive advantage over traditional staffing agencies [2].
The Future of Staffing
Jobandtalent’s success and the recent funding round are a testament to the growing demand for innovative staffing solutions. As businesses continue to rely on temporary and contract workers, platforms like Jobandtalent will become increasingly important. By using AI and machine learning, these platforms are able to match job seekers with employers more accurately and efficiently than traditional staffing agencies, making them a valuable resource for businesses of all sizes [1].
Conclusion
Jobandtalent’s recent funding round is a significant milestone for the company and the staffing industry as a whole. By using AI and machine learning to match job seekers with employers, Jobandtalent has revolutionized the way businesses find and hire temporary workers. With the new funding, the company plans to expand its platform and increase its presence in the US and UK markets, cementing its position as a leader in the staffing industry.
