News Summary

Jobandtalent, a Madrid-based workforce marketplace, has raised $103 million in a Series F funding round led by investors such as Atomico and BlackRock. The company, which connects businesses with hourly workers, is valued at $1.5 billion post-money, a decline from its previous $2.35 billion valuation in December 2021. This down round aligns with broader market dynamics, especially within the tech sector. Despite market challenges, Jobandtalent has maintained strong performance, leveraging AI to improve recruitment efficiency. The funding will support international expansion and the development of AI-powered recruitment agents, beginning with Clara, which has already facilitated 7,000 hires through 180,000 interviews.