Funding round
Job&Talent Series B
Job&Talent, which works in workforce management solutions in Atlanta, raised $42M in a Series B round announced on 14 Jun 2016, led by Atomico. 4 firms took part. It is Job&Talent's second venture round on record; the one before was a Series A in Jul 2014.
$42M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Job&Talent did not disclose a valuation in this round. It came 23 months after Job&Talent's Series A. It is 4.7% of the $886M Job&Talent has raised in the venture rounds on record. Job&Talent raised again 55 months later: a Series C round of $108M in Jan 2021. Its next priced round, a Series E in Dec 2021, valued it at $2.35B.
Job&Talent's funding rounds
Job&Talent has 6 venture rounds on record and 4 other deals. This one is highlighted.
- Series A 10 Jul 2014, led by Qualitas Funds, Kibo Ventures and FJME Ventures $14M
- Series B this round 14 Jun 2016, led by Atomico $42M
- Series C 8 Jan 2021, led by InfraVia $108M
- Debt not a venture round 10 Mar 2021 $99M
- Series D 10 Mar 2021 $119M
- Debt not a venture round 1 Dec 2021 $75M$2.35B post-money
- Series E 1 Dec 2021, led by Kinnevik $500M$2.35B post-money
- Debt not a venture round 5 May 2022 $250M
- Debt not a venture round 1 Jun 2024 $20M
- Series F 10 Apr 2025 $103M$1.50B post-money
Investors
Who put money in
Atomico led the round with 3 other firms.
Lead investor
- Atomico backs 123 venture-backed companies new investor
Also in the round
- FJ Labs backs 316 venture-backed companies new investor
- backs 108 venture-backed companies new investor
- backs 11 venture-backed companies new investor
Joined the board: Niall Wass (Atomico).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
271 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 2.8 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 23 Jun 2016 | $23M | not disclosed | not named |
| Tech Companies | 27 Jun 2016 | $20M | not disclosed | GV |
| Tech Companies | 23 Jun 2016 | $20M | not disclosed | GV |
| Tech Companies | 8 Jun 2016 | $15M | not disclosed | Drive Capital |
| Wellhub Tech Companies | 30 Jun 2016 | $14M | $91M | not named |
| Tech Companies | 29 Jun 2016 | $8.5M | not disclosed | Aramex |
| Tech Companies | 23 Jun 2016 | $7.5M | not disclosed | ABS Capital |
| Tech Companies | 16 Jun 2016 | $5.0M | not disclosed | New Enterprise Associates and Blume Ventures |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Job&Talent raise in its Series B round?
Job&Talent raised $42M in its Series B round, announced in Jun 2016.
Who led Job&Talent's Series B round?
Atomico led it, with FJ Labs, Base10 Partners and Vector Capital.
What was Job&Talent's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
271 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 2.8 times the median.
Did Job&Talent raise again after this round?
Yes: a Series C round in Jan 2021 of $108M.