Jobandtalent $290M 80K LomasTechCrunch

Jobandtalent, a Spanish startup that uses artificial intelligence to match job seekers to the right job, has achieved a remarkable milestone: it has secured a staggering $290 million in a funding round led by London-based venture capital firm Atomico. This investment brings the total number of employees to 80,000, making it one of the world’s largest recruitment platforms. The news was first reported by TechCrunch.

Overview of Jobandtalent

Jobandtalent is a Spanish startup that uses artificial intelligence to match job seekers to the right job. Founded in 2009, the company has grown to become one of Spain’s largest recruitment platforms, with more than 80,000 employees. Its algorithms use a range of data points to match job seekers with the right job, such as location, skills, and interests.

Jobandtalent has offices in Spain, the UK, Germany, France, and Mexico, and is backed by some of Europe’s leading venture capitalists, such as Atomico.

Overview of the Funding Round

Jobandtalent recently secured a $290 million funding round from London-based venture capital firm Atomico. This is the largest funding round to date for the company, and brings its total funding to more than $400 million. Atomico is one of Europe’s leading venture capital firms, and has previously invested in companies such as Skype, TransferWise, and Deliveroo.

Impact of the Funding Round on Jobandtalent

The $290 million funding round will enable Jobandtalent to expand its operations and hire more employees. It will also allow the company to invest in research and development, which will improve its algorithms and enable it to better match job seekers with the right job.

In addition, the funding round will give Jobandtalent the financial backing it needs to expand into new markets, such as the US, and invest in new technologies, such as blockchain and machine learning.

Benefits of the Funding Round for Jobandtalent

The $290 million funding round will bring a number of benefits to Jobandtalent. First, it will enable the company to hire more employees, which will help it expand its operations and better serve its customers. Second, the funding will allow the company to invest in research and development, which will improve its algorithms and enable it to better match job seekers with the right job.

Finally, the financial backing from Atomico will give Jobandtalent the resources it needs to expand into new markets, such as the US, and invest in new technologies, such as blockchain and machine learning.

Conclusion

Jobandtalent’s $290 million funding round is a remarkable achievement and will have a number of positive effects on the company. It will enable Jobandtalent to hire more employees, invest in research and development, and expand into new markets.

This will help Jobandtalent to better serve its customers and become one of the world’s leading recruitment platforms.