Jobandtalent, Linkedin, Cornerjob: technologies that unite the labour market are of interest to investors who are betting big on the sector.

Integral service around a transaction
BY : Diego GutiérrezJune Thu, 2016
This week Jobantalent has closed the largest round of funding in the technology sector so far in 2016, and Microsoft has bought the professional network Linkedin for €23.26 billion.


Jobandtalent receives €37M round of funding

Jobandtalent is a Spanish employment platform that connects SMEs with local talent, through a system based on a computer algorithm developed by the company itself, capable of extracting the main linguistic elements of the candidate to adjust them to the offer published by a company. It also offers an innovative personnel management and recruitment service, with services such as the automatic verification of the veracity of the candidate's professional experience and the creation of a system of classification and recommendation by companies to their employees, which aims to eliminate the need to interview the candidate.

The platform has closed a €37M Series B round of international funding, which has become the largest round of funding for a Spanish technology company so far this year. This round, which completes the more than €30M raised in the last two years, is led by Atomico, the international venture capital firm created by the founder of , Niklas Zennström.

Although they had been in talks with different funds since last year, they finally opted for Atomico, because of its experience in the global market and because it is an investor made up of entrepreneurs.

The company will use this investment to accelerate its international expansion, strengthen its presence in the markets where it already operates, reinforce its management and engineering team and continue developing its product. Jobandtalent currently operates in five cities (Madrid, Barcelona, Mexico City, Bogota and London) and has already managed to attract the best talent from leading technology companies like Amazon, iZettle, Skype and Spotify.

Other Spaniards in the sector have secured funding: Cornerjob

A few months ago we wrote a post, in which we told you that technologies that link supply and demand for labour such as Jobtoday, GuudJOB or Heygo were receiving funding.  

In April Cornerjob has joined these companies and has received a €12M round.

Born a year ago, CornerJob is a mobile job search application in any sector for non-executive profiles that registers half a million downloads per month and has around 20,000 job offers. The firm was created at Antai Venture Builder.

Investors in the company's financing have included investors such as Antai Business Angels and Mediaset, and the venture capital funds Banc Sabadell Capital, Bonsai Venture CapitalCube Investments, Ithaca Investment, Samaipata (founders of La Nevera Roja), Caixa Capital Risc, the venture capital management company of "la Caixa", and Media Digital Ventures. The company has also received an equity loan from Enisa. The capital provided will be used to consolidate the company's position in existing markets. The company is also considering the possibility of opening in other countries.

International: Microsoft buys Linkedin for €23.26 billion.

This week also saw a multi-billion dollar acquisition in the online job search sector. Microsoft has made the largest purchase in its history with the acquisition of LinkedIn for €23.26 billion.

Linkedin, which has been an absolute benchmark in the professional networking segment for years, could serve to boost the impact of Microsoft and its software and cloud solutions in all types of businesses.

Jeff Weiner, LinkedIn's CEO, will continue to lead the group. Microsoft has indicated that it expects to maintain LinkedIn's brand and independence, but will work to integrate the professional networking platform - which has 433 million users - with several of its work frameworks, such as Office and Office 365.

"The LinkedIn team has grown a fantastic business focused on connecting professionals around the world," Nadella said in a statement.

"Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics in our quest to empower every person, every organisation on the planet," he added.
If you are looking for funding for your startup, contact us. Abra-Invest has an expert team in alternative financing at your disposal, call + 34 946424142 or fill in the contact form.

Other posts that may interest you

Technologies linking labour supply and demand get funding




The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?