SFTBY - SoftBank Vision Fund 2 sinks $120M into Jobandtalent digital temp agency
SoftBank ([[SFTBF]],[[SFTBY]]) Vision Fund 2 invests $120M in Spain's Jobandtalent, a digital temp staffing startup looking to break into the U.S. market.The Series D round brings total funding for the startup up to nearly $370M.Jobandtalent also received about $100M in debt financing from BlackRock."Jobandtalent is addressing a crucial challenge facing the modern workforce - how to balance flexibility with high quality, reliable job opportunities," says Yanni Pipilis, Managing Partner at SoftBank Investment Advisers. "The company has developed a data-driven platform that has a track record of providing high fulfilment and low attrition staffing for businesses with temporary roles to fill, while securing income stability and benefits for workers."The company currently operates in eight global markets and management tells TechCrunch a U.S. debut should happen within the "next year."
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SoftBank Vision Fund 2 sinks $120M into Jobandtalent digital temp agency