Funding round
Job&Talent Series C
Job&Talent, which works in workforce management solutions in Atlanta, raised $108M in a Series C round announced on 8 Jan 2021, led by InfraVia. 5 firms took part, 4 of them already investors. It is Job&Talent's third venture round on record; the one before was a Series B in Jun 2016.
$108M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Job&Talent did not disclose a valuation in this round. It came 55 months after Job&Talent's Series B. It is 12% of the $886M Job&Talent has raised in the venture rounds on record. Job&Talent raised again 2 months later: a Series D round of $119M in Mar 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 14 Jun 2016, led by Atomico $42M
- Series C this round 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
InfraVia led the round with 4 other firms. Atomico, SEEK Investments, DN Capital and Kibo Ventures had backed Job&Talent before.
Lead investor
- backs 8 venture-backed companies new investor
Also in the round
- Atomico backs 123 venture-backed companies existing investor
- backs 7 venture-backed companies existing investor
- backs 55 venture-backed companies existing investor
- backs 29 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
455 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 1.8 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Hive Box Tech Companies | 1 Jan 2021 | $400M | $3.00B | Asia Forge (Cayman) |
| Starburst Tech Companies | 6 Jan 2021 | $100M | $1.20B | Andreessen Horowitz |
| Harness Tech Companies | 14 Jan 2021 | $85M | $1.70B | Alkeon |
| Tech Companies | 14 Jan 2021 | $80M | not disclosed | Sanno Capital |
| Tech Companies | 7 Jan 2021 | $78M | not disclosed | Insight Partners |
| Tech Companies | 27 Jan 2021 | $70M | not disclosed | Cat Rock Capital |
| Tech Companies | 11 Jan 2021 | $51M | not disclosed | 红杉资本中国基金 |
| Tech Companies | 4 Jan 2021 | $50M | not disclosed | Greycroft |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Job&Talent raise in its Series C round?
Job&Talent raised $108M in its Series C round, announced in Jan 2021.
Who led Job&Talent's Series C round?
InfraVia led it, with Atomico, SEEK Investments, DN Capital and Kibo Ventures.
What was Job&Talent's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
455 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 1.8 times the median.
Did Job&Talent raise again after this round?
Yes: a Series D round in Mar 2021 of $119M.