Madrid-based JobandTalent, a Spanish startup focused on digital recruitment solutions, has secured a € 108 million funding round led by Goldman Sachs and including participation from existing investors General Atlantic, Atomico, and Accel. This funding, along with previous investments from 2014 and 2018 — totalling an impressive € 290 million — will be used to further the developed of existing products and launch new ones. JobandTalent has also made remarkable progress in the past year, growing their monthly active users by 80,000 people. TechCrunch Europe reported that this round of investment has placed the company’s valuation at €1.3 billion.
JobandTalent Founders and Board
Madrid-based JobandTalent was founded in 2009 by Juan Urdiales, founder of eDreams in Spain, and Felipe Navío, founder of StudentFinance. They are joined on the Board of Directors by investor Nenad Marovac and DigitalVR co-founder Fabrice Grinda, among others.
The company currently provides digital recruitment services to companies and job-seekers in Spain, Mexico, Colombia, and Peru. Their comprehensive platform includes an AI powered job board, talent matching in real time, a payroll service, and holistic management of talent.
Madrid-based JobandTalent Secures €108M Funding
The latest investment into Madrid-based JobandTalent brings their total funding to date to € 290 million and boosts the company’s valuation to €1.3 billion. Earlier investors in the company include General Atlantic, Atomico, and Accel. Goldman Sachs blew away the competition in the due diligence process with their deep pocketed resources, extensive international experience, and boldness in taking on a strategic industry.
JobandTalent CEO and CTO
JobandTalent is led by CEO and CTO Felipe Navío and CTO Juan Urdiales, who is also the Chairman of the Board. The duo teamed up for their first venture, StudentFinance, in 2005, which was ultimately acquired by Germany-based investment firm Mäurer & Wirtz. Navío and Urdiales possess complementary skills, with Navío having expertise in sales and international expansion, and Urdiales having expertise in product strategy and technology.
Future of Madrid-based JobandTalent
The latest round of funding enables JobandTalent to continue to expand its presence in Latin America and increase its foothold in Spain, which accounts for 70 per cent of its total user base. The company also plans to continue developing solutions involving artificial intelligence and machine learning to power their recruitment and talent management platform, increasing its competitive edge within the increasingly competitive recruitment space.
JobandTalent’s plans for the future also includes launching a Spanish version of its job board and introducing a “freelancer-on-demand” service that enables organisations to source talent quickly and easily.
With this round of funding, Madrid-based JobandTalent has raised its total funding to €290 million with a current valuation of €1.3 billion.
Madrid-based JobandTalent is a Spanish startup focused on digital recruitment solutions. The company has just closed a new funding round of €108 million, led by Goldman Sachs and including General Atlantic, Atomico, and Accel as existing investors. This brings their total funding to date to € 290 million. JobandTalent plans to use the funds to further develop existing products, launch new ones, and gain a stronger foothold in the recruitment world.
Q: What does Madrid-based JobandTalent offer?
A: Madrid-based JobandTalent offers digital recruitment solutions to companies and job-seekers in Spain, Mexico, Colombia, and Peru. Their comprehensive platform includes an AI powered job board, real-time talent matching, a payroll service, and holistic talent management solutions.
Q: How much has JobandTalent raised in total funding?
A: JobandTalent has raised a total of € 290 million in funding, with their latest round of € 108 million led by Goldman Sachs. This puts the company’s current valuation at €1.3 billion.
Q: What are JobandTalent plans for the future?
A: JobandTalent plans to continue expanding its presence in Latin America, and developing solutions involving artificial intelligence and machine learning to power its recruitment and talent management platform. Additionally, they plan to launch a Spanish version of its job board and introduce a “freelancer-on-demand” service.