This is followed by movements in the startup ecosystem. Jobandtalent draws the checkbook again and closes the new purchase to add it to their temporary work platform (ETT). It is a company of British origin based in London. Jump.Workwhich specializes in technological job search through artificial intelligence (AI). With this acquisition, the Spanish company has already completed more than ten transactions that complement its marketplace for connecting workers to companies.
The economic details of the operation were not disclosed, but Jobandtalent assures that this rate will help improve the employability of people through technology. “By integrating DeepTech and AI solutions into our current platform, we will offer very valuable long-term opportunities and better job search technology,” says Jobandtalent co-founder and CEO, Juan Urdiales.
Jump.Work was founded Andrea Consonni and Maria Verbon in the UK in 2016. Over the years, he has received funding from venture capital funds such as True.Global o a manager focused on the Nordic countries and the UK, TrueSight Ventures. Its platform is based on the analysis of user behavior, and through its technology, it uses this data to conduct specific and personalized job searches for job seekers.
Instaff, Jobzone, PEMA… Jobandtalent added companies from the USA, Norway or Sweden, as well as various Spanish companies such as DPL or Ader ETT.
Following this purchase, co-founders Consonni and Verbon, r.They will become part of the Jobandtalent team and join the company’s data and products team. The goal will be to help integrate their job search technology into the Spanish market. “At Jump, we have always wanted to create a fair and efficient employment platform, and we are confident that, together with Jobandtalent, we will create even more opportunities for workers,” concludes Jump CEO Andrea Consonni.
Just a few months ago, a temporary startup swam across the ocean through the purchase of an American Instagram. For this, he laid out 29.5 million euros (32.3 million dollars) on the table. American is an ETT focused on industry, distribution, logistics and “contact centers”; that is, it is a platform that connects workers with companies through its technologies. Since 2013, it has been in the hands of the listed groups. BG Staffing and after the purchase, together with Jobandtalent, it seeks to compete with companies such as Wonoloa startup that has remained on the rise in the market.
This year he also managed to add work zone. A Norwegian company founded by Øyvind Henriksen and Tom Rune Graarud in 2002. According to La Información, Jobandtalent paid about 50 million euros (500 million crowns) for this company. “We have acquired one of the leading companies, thereby providing access to the Jobandtalent platform for many leading companies in the region,” company representatives commented this Wednesday. This strategy of growth through purchases has been applied for years. PEMA; two were in Spain: DPL (Development of logistics personnel), Ader ETT. There were two in the UK; two in Colombia and one in Mexico, and thus added more than ten purchases.
The company raised a round of debt in May €230 million with Citibank, Goldman Sachs and European investor AnaCap. With this new increase, after a 440 million mega round led by Swedish fund Kinnevik, the company is looking to fund its digital ETT model. He will now focus on creating a personalized professional coaching service for employees through Jump.Work technology and thus be able to expand the services of his employment platform.
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