Madrid-based scaleup Jobandtalent, a platform for finding temporary work, has raised €92m in Series F funding from new and existing investors including Atomico, BlackRock, DN Capital, Hercules, InfraVia, Kibo and Kinnevik.
The funding round values the scaleup at €1.3bn, a decrease of €800msince its $500m series E in 2021, when it was valued at $2.35bn (€2.1bn).
The company specialises in matching workers with temporary opportunities in sectors like warehousing, manufacturing, logistics and e-commerce.
Unlike some short-term or gig economy employment platforms, Jobandtalent also offers its workers the securities that come with full-time jobs, including pension contributions, sick pay, holiday pay and health insurance.
The company will use the new funding for international expansion and to invest in AI across sales and product development.
It’s building a suite of AI agents trained on data from millions of job shifts. These agents — acting as recruiters, account managers or attendance coaches — will automate tasks across text, voice and video to streamline hiring, shift planning and attendance management, helping employers cut costs and operate more efficiently, according to the company.
Jobandtalent’s first AI agent, recruitment agent Clara, is already being tested with select clients. In just a few months, Clara has conducted more than 180k interviews and contributed to more than 7,000 hires, according to the company. With several more agents in beta, the company plans to roll out additional AI tools this year to tackle other areas of workforce management.
Since its launch, the US has become Jobandtalent’s largest and fastest-growing market, demonstrating a 27% year-on-year revenue increase in Q4 2024. The company is available in 10 countries, including Spain, Germany, France, Sweden, the UK and Portugal.
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