Funding round
Job&Talent Series E
Job&Talent, which works in workforce management solutions in Atlanta, raised $500M in a Series E round announced on 1 Dec 2021, led by Kinnevik, at a $2.35B post-money valuation. 7 firms took part. It is Job&Talent's fifth venture round on record; the one before was a Series D in Mar 2021.
$500M
Amount raised
$2.35B
Post-money valuation
$1.85B pre-money
7
Investors
1 lead
21%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Job&Talent at $2.35B after the new money. The $500M bought investors about 21% of the company. It came 9 months after Job&Talent's Series D. It is 56% of the $886M Job&Talent has raised in the venture rounds on record. Job&Talent raised again 40 months later: a Series F round of $103M in Apr 2025, at $1.50B post-money.
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 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 this round 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
Kinnevik led the round with 6 other firms.
Lead investor
- Kinnevik backs 55 venture-backed companies new investor
Also in the round
- SoftBank Vision Fund backs 234 venture-backed companies new investor
- Atomico backs 123 venture-backed companies new investor
- backs 55 venture-backed companies new investor
- backs 8 venture-backed companies new investor
- backs 29 venture-backed companies new investor
- backs 24 venture-backed companies new 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, acquisitions and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
108 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $150M, and this round was 3.3 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Claroty Tech Companies | 8 Dec 2021 | $400M | not disclosed | SoftBank Vision Fund and Bessemer Venture Partners |
| Rokt Tech Companies | 16 Dec 2021 | $325M | $1.95B | Tiger Global |
| Tech Companies | 15 Dec 2021 | $186M | $1.50B | Wellington Management |
| Innovaccer Tech Companies | 15 Dec 2021 | $150M | $3.20B | Mubadala Capital |
| Tech Companies | 22 Dec 2021 | $100M | not disclosed | Global Founders Capital and Tiger Global |
| Tech Companies | 24 Dec 2021 | $26M | not disclosed | not named |
| Socure Tech Companies | 9 Nov 2021 | $450M | $4.50B | Accel and T. Rowe Price |
| PayFit Tech Companies | 6 Jan 2022 | $287M | $2.10B | General Atlantic |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Job&Talent raise in its Series E round?
Job&Talent raised $500M in its Series E round, announced in Dec 2021.
Who led Job&Talent's Series E round?
Kinnevik led it, with SoftBank Vision Fund, Atomico, DN Capital, InfraVia and Kibo Ventures and 1 more.
What was Job&Talent's valuation at the Series E round?
$2.35B post-money ($1.85B pre-money).
How does it compare with other Series E rounds in Tech Companies?
108 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $150M, and this round was 3.3 times the median.
Did Job&Talent raise again after this round?
Yes: a Series F round in Apr 2025 of $103M at $1.50B post-money.