Jobandtalent has just raised a €100 million Series D round from SoftBank and an additional €83m in debt from BlackRock to fuel its global expansion plans. This new funding comes only shortly after the company’s $108 million fundraise from Seek and InfraVia in January this year, which brings the company’s total funding to €310 million and proves its position as the leading workforce marketplace in Europe and soon globally.
“Since investing in the Series B extension in 2018, DN Capital has been impressed with the company’s exceptional execution and ability to build the leading workforce marketplace globally: leveraging its proprietary tech platform to deliver superior service to some of the largest and most-demanding Blue chip clients and providing reliable, consistent job opportunities to hundreds of thousands of workers” (Ian Marsh, DN Capital)
The revenue run rate of the business has grown from €50 million in 2017 to €500 million in 2020, resulting in a positive EBITDA. In the past year alone, more than 80,000 workers have used the marketplace to find temporary roles, and more than 850 companies have used its platform. The company is now the clear global leader in the digital staffing market in terms of scale.
Going forward, we are thrilled to continue supporting the Jobandtalent team with their exciting mission to provide greater job security and legal protection to the 500+ million temporary workers globally.