Jobandtalent, a Madrid-based job matching platform, recently announced that it has raised $108 million in a funding round led by Softbank’s Vision Fund 2. The company, which uses artificial intelligence to match job seekers with available positions, has also reached a milestone of 80,000 companies on its platform. This latest funding round brings Jobandtalent’s total funding to $291 million and values the company at $1.5 billion.
Revolutionizing the Job Market
Jobandtalent was founded in 2009 with the goal of revolutionizing the job market by using technology to match job seekers with available positions. The platform uses artificial intelligence to analyze job seekers’ skills and experience and match them with relevant job openings. This approach has proven to be highly effective, with Jobandtalent boasting a 90% success rate in matching job seekers with employers.
One of the key features of Jobandtalent is its focus on temporary and part-time work. The platform allows job seekers to find short-term or part-time work that fits their schedule and preferences. This has proven to be particularly popular among younger workers who value flexibility and work-life balance.
The Importance of Artificial Intelligence
Artificial intelligence is at the heart of Jobandtalent’s success. The platform uses machine learning algorithms to analyze job seekers’ skills and experience and match them with relevant job openings. This approach has proven to be highly effective, with Jobandtalent boasting a 90% success rate in matching job seekers with employers.
In addition to matching job seekers with employers, Jobandtalent also uses artificial intelligence to help companies manage their workforce. The platform provides companies with real-time data on their workforce, including employee performance and productivity. This allows companies to make informed decisions about their workforce and improve their overall efficiency.
Expanding Globally
Jobandtalent has been rapidly expanding globally in recent years. The platform is currently available in 23 countries, including the United States, the United Kingdom, Spain, and Mexico. The company plans to use its latest funding round to further expand its global reach and invest in its technology platform.
One of the key advantages of Jobandtalent’s global expansion is its ability to connect job seekers with employers across borders. This is particularly valuable for companies that operate in multiple countries and need to find talent quickly and efficiently.
The Future of Jobandtalent
Jobandtalent’s latest funding round and milestone of 80,000 companies on its platform are clear indicators of the company’s success. With its focus on artificial intelligence and global expansion, Jobandtalent is well-positioned to continue disrupting the job market and connecting job seekers with employers.
Looking ahead, Jobandtalent plans to invest heavily in its technology platform and expand its global reach even further. The company also plans to continue focusing on temporary and part-time work, which has proven to be a popular feature among younger workers.
In conclusion, Jobandtalent’s recent funding round and milestone of 80,000 companies on its platform are clear indicators of the company’s success. With its focus on artificial intelligence and global expansion, Jobandtalent is well-positioned to continue disrupting the job market and connecting job seekers with employers.
