Atomico tops JobandTalent investor table
02 Aug 2017
Spanish newspaper El Español (article in Spanish here) published a detailed breakdown of the ownership of recruitment platform JobandTalent.com. The biggest surprise may be that, despite raising some $85 million U.S. in funding (Crunchbase figures here), more than one-third of the shares are still company-owned.
London-based venture capital firm Atomico is the biggest overall investor with 20 percent of shares. Atomico, which was co-founded in 2006 by Mattias Ljungman and Skype founder Niklas Zennström, lead the most recent JobandTalent fundraising round in June 2016, investing $42 million U.S. (see the AIM Group report here).
Other key investors are Spanish venture capital firm Kibo Ventures, with a seven-percent stake; Luxembourg-based Gainsboro Developments with five percent. Another Spanish firm, JME Venture holds three percent of shares, with the remaining investors controlling smaller portions.
The analysis is based on figures obtained by the newspaper from Companies House, the British government’s business register. JobandTalent is headquartered in Madrid, but the company is registered in London, meaning its actions are filed with Companies House.
Co-founder and CEO Juan Urdiales declined to comment on the accuracy of the figures. He told the AIM Group that the company’s growth forecast for 2017 is 550 percent growth versus 2016, and that JobandTalent plans to seek further investment in 2018 or 2019.
“We are the leading, on-demand staffing marketplace in the world,” he said. “We are faster and 30 percent cheaper than the incumbent offline staffing agencies.”