Funding Round attributes
Job&Talent, a leading AI-powered workforce management platform, has successfully closed its Series F fundraising round, securing EUR 92 million in equity financing. This latest funding round values the company at EUR 1.3 billion and was supported by a group of prominent investors, including Atomico, BlackRock, DN Capital, Hercules, InfraVia, Kibo, and Kinnevik, along with other existing and new investors.
The funds raised in this round will primarily be used to support Job&Talent's strategic objectives, which include international expansion, scaling sales, and enhancing product development. A particular focus will be on advancing the company’s AI capabilities, as it continues to refine its platform to optimize workforce management processes. The platform, powered by AI, aims to improve productivity for clients by automating various aspects of workforce management.
Job&Talent's AI-driven platform is already delivering significant productivity gains for its clients by automating many routine and time-consuming tasks. As part of its ongoing innovation strategy, the company is developing a suite of AI agents, each designed to streamline specific functions of workforce management. These agents leverage operational data from over 1 million worker placements and millions of logged shifts to continuously improve their performance. These AI agents cover a range of roles, from recruitment to attendance management, and are designed to support both workers and employers.
The company has already launched its first AI agent, Clara, a recruitment agent that has conducted over 180,000 interviews in just a few months. Clara has been instrumental in facilitating more than 7,000 hires, helping to achieve high fill rates, particularly during periods of high demand. The company plans to launch additional agents throughout the year, each focusing on different areas of workforce management.
In addition to improving recruitment processes, Job&Talent is expanding the functionality of its platform to include permanent workers. This will allow companies to manage both temporary and permanent workforces through a single integrated platform, further enhancing the value proposition of Job&Talent’s services. The rollout for permanent workers is slated to begin with select clients and will be available to all companies in the second half of the year.
Job&Talent's continued growth is evident in its recent performance. In 2024, the company placed over 300,000 workers globally across more than 3,250 companies in industries such as logistics, warehousing, and retail. The U.S. market, in particular, has been a major driver of growth, with the company experiencing a 27% year-over-year revenue increase in Q4 2024. Job&Talent's platform is now available in all 10 countries where the company operates, including key markets in Europe, the U.S., and Latin America.
Juan Urdiales, Co-Founder and Co-CEO of Job&Talent, expressed his optimism about the company’s future following this funding round. He noted that the capital will help Job&Talent evolve into a fully integrated employment platform that streamlines the management of both temporary and permanent workforces. He also highlighted the potential for the next-generation AI agents to unlock major productivity improvements, cost savings, and better opportunities for workers.
Founded in 2009, Job&Talent has consistently worked to match companies with the right talent through its AI-powered platform, aiming to offer workers stability, faster job placements, and fair treatment. With this latest funding round, the company is well-positioned to continue expanding its global footprint and refining its workforce management solutions.
