Funding

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

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Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). 

The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money. 

On the surface, a unicorn raising a decent round of funding from a well-known list of backers might sound like pretty strong news.  

The reality…

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