JobandTalent raises $ 103 million to a rating of $ 1.5 billion of rotation, as it looks to artificial intelligence to employ temperatures

JobandTalentAnd it is the “labor force as a service” based in artificial intelligence that connects people with companies looking for workers every hour, which has announced that it raised 92 million euros (103 million dollars).

The F-Series, which includes the participation of Atomico, Blackrock, DN Capital, Hercules, Infravia, KIBO, Kinnevik–based MADRID, is 1.3 billion euros ($ 1.5 billion).

On the surface, the rhinoceros may seem a decent round of funding from a well -known list of supporters as very strong news.

Reality is a little different. This is a lower tour of the company.

Jobandtalent, which has 10 countries in Europe, the United States and Latin America, collected the last money in December 2021The E series of $ 500 million is estimated at $ 2.35 billion.

We asked for a comment from the company on the reason for its evaluation of a haircut of about one billion dollars.

“This tour reflects the evaluation amendment in line with the broader market dynamics, especially in the technology and growth stage,” said a spokesman for Techcrunch. “Funding guarantees that jobs and talent remain good to implement the next stage of our growth trip. Despite the difficult challenges in the market, we have been constantly outperformed the trends of industry over the past year, driven strongly our platform and our ability to integrate artificial intelligence through the collection of our products completely.”

Some logic may also be a reflection of the European operating scene at the present time.

On the positive side: JobandTalent was benefiting from the strong wind over the years. It has reached some extent in the years around Covid-19, when both companies and workers were not sure of what was just around the corner and was attracted to the work arrangements that gave more flexibility. Some sectors, such as e -commerce and the broader ecosystem for delivery and logistical services around it, were positively prosperous and needed to fill many roles, quickly.

It was a particularly flowing time for certain types of roles, and JobandTalent found an audience ready from companies and workers who take their platform to communicate with each other.

The company says over the years it has placed more than 300,000 workers in roles in more than 3250 companies, with a special focus on sectors such as logistics and retail services.

However, the company’s financing news today will come in an annoying time: the European labor market since the Covid-19 was equipped with a number of opposition Economic waves. The skills and lack of people have shown the opportunity for those who can fill the gaps; However, the decrease in corporate profits and the euro area economy may spoil more strict times.

This is before you think about the type of effect that may have AI. It is still not proven, but companies and governments raises a lot that Amnesty International is an effective effective solution for some types of work, and this can also spell bad news for some jobs.

Jobandtalent sits in a strange position in this regard. The bread of the company and the butter remains a human workforce, but it also tends to use artificial intelligence to be “more efficient in work.” The company says that the new injection of shares will be used to expand the scope of business at the international level and invest in building a series of agents working in artificial intelligence on the platform to support this.

The first is called Clara, and he is an agent that focuses on employment. The company said in a test with a limited number of customers, and Clara has conducted at least 180,000 interviews, which contributed to about 7,000 appointments and “helping to provide leading packing rates in the industry, even during peak periods of demand.” JobandTalent says packing rates “equivalent to the product of thousands of recruits.”

JobandTalent said she is planning to launch more agents this year to cover other human jobs previously.

“The capital injection reaffirms our joint vision of the future of job and talent,” Juan Ordielis, co-founder of the co-founder of the startup and participating in CO-CEO. “Thanks to the platform that we have created over the past years, we are now in a good development situation to a fully integrated employment platform that helps companies manage their temporary and internal work bases more efficiently. Agents of artificial intelligence will achieve from the next generation significant improvements in productivity, provide better opportunities for workers, and to cancel the provision of the basic cost of companies.”