Madrid, June 21, 2022 - Job&Talent announces the acquisition of UK-based job matching technology Jump. The deal demonstrates continuous investment into its technology stack to drive innovation for workers, underlining the ultimate mission to improve the employability of millions. With up to 500.000 prospective workers joining the platform this year, Job&Talent is committed to provide an unrivaled matchmaking service and user experience. By leveraging Jump’s cutting-edge technology and know-how at Job&Talent, workers will be able to benefit from highly personalized job recommendations based on their specifications and the job requirements. Drawing on Jump’s expertise will allow Job&Talent to build a career coach that can give workers personalized recommendations on how to advance their careers and secure follow-on placements. Terms of the deal were not disclosed.
Since its founding in 2009, Job&Talent has been building a game-changing technology that tears down barriers to job searching and hiring. It matches jobseekers with available positions, and ensures that the selection process is streamlined and sped up for both companies and job applicants. After each placement, the platform finds new roles based on the workers’ preferences, which creates a reliable stream of job opportunities. With the mission of giving people the stability to thrive in an increasingly flexible work economy, Job&Talent has become one of the leading job platforms worldwide resulting in high retention rates, very quick processing, and ultimately, satisfied workers and clients - reflected in highest and growing NPS in the industry.
Juan Urdiales, Co-Founder and CEO of Job&Talent says: “The deal shows our drive for innovation and further strengthens our position as market leader in job matching technologies. By integrating deeptech and AI solutions into our existing platform, we provide our people valuable long term perspectives and the best matching tech in the market.”Â
Jump’s founders Andrea Consonni and Marja Verbon will join the data and product team of Job&Talent to help integrate Jump’s job matching technology and bring it to the Job&Talent users. Over the last 5 years, Jump has become a specialist in developing cutting-edge artificial intelligence in the job matching space.
Andrea Consonni, Co-Founder and CEO of Jump says: “Jump and Job&Talent are fully aligned on their mission to transform the labor market for the better. At Jump, we have always been determined to build a fair and effective job platform where both jobseekers and employers could succeed. I’m confident that, with Job&Talent, we will create even more opportunities for workers, continue to drive success for businesses, and deliver a transformative impact to this world.”
ABOUT JOB&TALENT
Job&Talent is a world-leading marketplace for essential work, matching great people with great companies directly through its platform. Founded in 2009, Job&Talent is reshaping temporary work by tearing down the barriers to job searching and hiring through the power of technology. From easier and faster ways of getting hired, to providing stability and benefits, Job&Talent helps workers feel valued and respected in their roles, while supporting clients with efficient and flexible workforce management solutions. By putting simplicity and fairness at the core of its business model, Job&Talent placed more than 340,000 workers in over 2,500 companies in 2022 across a variety of industries including logistics and retail. Headquartered in Madrid, Job&Talent operates in 10 countries across Europe, the U.S. and Latin America and has raised approximately 850 million USD from investors such as Atomico, Kinnevik, and Softbank. For more information, please visit www.jobandtalent.com.
