Madridbased jobandtalent 108m 290m 80k lomastechcrunch
Jobandtalent, a Madrid-based job search platform, has raised $108 million in funding, bringing its total funding to $290 million. The company, which uses artificial intelligence to match job seekers with suitable job openings, plans to use the funds to expand its operations in Europe and Latin America. The funding round was led by SoftBank and included participation from existing investors such as Atomico, Seek, and DN Capital. Madridbased jobandtalent 108m 290m 80k lomastechcrunch, a Spanish startup that specializes in software development and data analysis.
Expanding Operations
With the new funding, Jobandtalent plans to expand its operations in Europe and Latin America. The company currently operates in Spain, the UK, Germany, Sweden, Mexico, and Colombia. It plans to use the funds to enter new markets and increase its presence in existing ones. Jobandtalent’s AI-powered platform matches job seekers with suitable job openings based on their skills and experience. The company claims that its technology can reduce the time it takes to fill a job vacancy by up to 70%. It also offers a range of services to employers, including candidate screening and onboarding.
Acquisition of Lomastech
Jobandtalent’s acquisition of Lomastech will help it to enhance its technology and data analysis capabilities. Lomastech specializes in software development, data analysis, and machine learning. Its team will join Jobandtalent’s existing technology team to work on improving the platform’s algorithms and data analysis tools.
The Future of Job Search
Jobandtalent’s success highlights the growing importance of AI in the job search process. As more companies adopt AI-powered recruitment tools, job seekers will need to adapt their job search strategies to stay competitive. Platforms like Jobandtalent offer a more efficient and personalized approach to job search, making it easier for job seekers to find suitable job openings.
Conclusion
In conclusion, Jobandtalent’s latest funding round and acquisition of Lomastech demonstrate the company’s commitment to expanding its operations and improving its technology. With the growing importance of AI in the job search process, platforms like Jobandtalent are well-positioned to disrupt the traditional job search market and offer a more efficient and personalized approach to job search.
