Jobandtalent

Jobandtalent
Private company
Industry Information Technology and Services [1]
Founded 2009
Founders Felipe Navio and Juan Urdiales
Area served
 Worldwide
Key people
 Felipe Navio (co-CEO) and
Juan Urdiales (co-CEO), Felix Ruiz Hernandez, (Executive Chairman)
Number of employees
 200 [1]
Website http://www.jobandtalent.com

Jobandtalent is a job marketplace for people to list and discover jobs and talent online, based in London, Madrid, Bogota and Mexico City.[2][3] Jobandtalent matches professionals with relevant job opportunities using a unique algorithm.[4] The company was founded in 2009 by two young entrepreneurs, Felipe Navio and Juan Urdiales,[5] The app has over 10 million registered users,[6] and over 450,000 new users join per month.

How it Works

Getting Started

Users who are looking for a job can sign up to Jobandtalent using their email address or via Facebook. To complete their profile, users can manually enter their past professional information. Once a user’s professional information is registered, Jobandtalent´s matching algorithm identifies job vacancies that are suitable to the user's experience and preferences. When a job match is made, users are instantly notified via mobile and can then apply. Recruiters and companies wishing to hire a new employees can sign up, post a job offer for free, and hire through the Jobandtalent app[7].

Algorithm

To match candidates with relevant vacancies, Jobandtalent uses an algorithm developed by a team of Data Scientists and Engineers. The technology combines different algorithms that interact in a learning-to-rank function, introducing machine learning techniques to fine tune the matchings. The algorithm takes learnings from the users and their interaction within the platform. The effectiveness is measure by a self-created industry performance metric: ATR (Application Through Rate), that measures the rate of applications that the algorithm generates per job view.[4]

Privacy

For the candidates who sign-up using Facebook, no private photographs or personal (protected) information, such as status updates, or job searching activity is accessible.[5] Employers are only able to access a candidate's professional profile.[8] However, there have been reports concerning the email invitations sent on the behalf of new users [9]

History

Founding

Felipe Navio and Juan Urdiales started Jobandtalent with the goal of making the job search easier for professionals.[5] Urdiales previously co-founded a national award winning textile enterprise called Pluscuamperfecta.[5] Navio worked at consulting firm McKinsey and as an advisor for social networking site Tuenti.

Navio and Urdiales recognized that although professionals were interested in new job opportunities, they simply did not have the time to search jobs boards and listings online. Since launching Jobandtalent in 2009, the company has worked on several approaches to this problem; from career guides, to taking advantage of social platforms, and most recently incorporating the job matching technology currently used on the site.[10]

Expansion

In October 2011, Jobandtalent opened a new office in Barcelona with Albert Climent as founder of Catalonian Office. Previously Albert Climent assisted with the development of Zyncro, another Barcelona based successful start-up, holding the position of Sales Director.[11]

In January 2012, Jobandtalent opened an office in London, the first international expansion step for the company.[5][12]

On 22 July 2013 Jobandtalent announced they had completed their first round of funding, raising $3.3 million.[10] In July 2014, Jobandtalent closed a subsequent $14 million Series A funding round.[13] As a result of that investment, which was the biggest in Spain, Jobandtalent was able to bolster their growth in Europe and Latin America. The company's investors include Qualitas Equity Partners, Kibo Ventures, Fundación José Manuel Entrecanales, and Business Angels, Pelayo Cortina Koplowiz, Nicolás Luca de Tena, and Alfonso Villanueva.[14]

In that same July, Felix Ruiz, co-founder of Tuenti, was appointed Executive Chairman of Jobandtalent.[15] Ruiz began his relationship with Jobandtalent as stakeholder, having felt attracted to the project, and market. In time, Ruiz became integrated with the brand, and now oversees business growth.

In May 2015, Jobandtalent secured another funding round of $25 million, in effect extending its Series A investment, which was closed back in July 2014 [16][17] . The investor group, lead by Pelayo Cortina Koplowitz, CEO of a family's investment holding worth $4Bn, increased its participation and co-invested with the previous investors Qualitas Equity Partners, Kibo Ventures, Fundación José Manuel Entrecanales, and business angel Nicolás Luca de Tena, who recently exited La Nevera Roja. That same year, Jobandtalent opened offices in both Mexico and Colombia.

In 2016, Jobandtalent partnered with Spanish broadband and telecommunications company Telefonica. The deal struck allowed Telefonica customers exclusive access to the Jobandtalent app, and the app would become pre-installed on various service provider products [18]

Recognition

See also

External links

References

  1. 1 2 "Job and Talent"., LinkedIn.
  2. ↑ "Spanish jobandtalent Seeks Expansion into Overseas Markets in Q1 2012"., TheFreeDictionary.com, 29 November 2011
  3. ↑ "Spanish jobandtalent Seeks Expansion into Overseas Markets in Q1 2012"., Technology Marketing Corporation, 29 November 2011.
  4. 1 2 "Jobandtalent Raises $3.3M For Its Linguistics Algorithm-Based Approach To Recruitment".
  5. 1 2 3 4 5 "A Social Media Job Agency"., Financial Times, Maija Palmer, 5 Jun 2012.
  6. ↑ http://www.finanzas.com/noticias/economia/20130702/economia-empresas-deloitte-accenture-2389115.html
  7. ↑ "Join the recruitment revolution"., Jobandtalent, 25 March 2016
  8. ↑ "Finding a Job through Facebook"., ABC (newspaper), Teresa Ródenas, 30 April 2012
  9. ↑ http://xavierizaguirre.co.uk/jobandtalent/
  10. 1 2 "Jobandtalent Raises $3.3M For Its Linguistics Algorithm-Based Approach To Recruitment".
  11. ↑ "Jobandtalent Opens Office in Barcelona!".
  12. 1 2 "Start-ups: Future Looks Bright for Entrepreneurs"., Financial Times, Miles Johnson, 11 Jun 2012.
  13. ↑ "Jobandtalent’s Linguistic Analysis Recruitment Platform Nabs $14M"., Techcrunch.com, 10 July 2014
  14. ↑ "Jobandtalent raises $14M for recruitment platform"., Venturebeat.com, 10 July 2014
  15. ↑ "El fundador de Tuenti, nuevo presidente de Jobandtalent"., Expansion.com, 23 July 2014
  16. ↑ "Jobandtalent Gets $25M To Steer Its Linguistic Analysis Recruitment Platform Toward The U.S."., Techcrunch, 27 May 2015
  17. ↑ "Jobandtalent racks up $25 mln"., Pehub, 27 May 2015
  18. ↑ Money Market (02 February 2016). "Telefónica and Jobandtalent partner to deliver next generation job marketplace to Telefónica customers worldwide". Monet Market. Retrieved 6 May 2016. Check date values in: |date= (help)
  19. ↑ "The Madrid Company 'Job and Talent' Achieves the Young Innovative Company Award 2011 in Zaragoza"., Qué!, 24 November 2011
  20. ↑ "The Madrid Company 'Job and Talent' Achieves the Young Innovative Company Award 2011 in Zaragoza"., Yahoo! News, 24 November 2011.
  21. ↑ "THE 2011 BULLY AWARD WINNERS! | White Bull Summits". Whitebull.com. Retrieved 2012-07-15.
  22. ↑ "Take a moment to meet and congratulate the winners of The Next Web’s European Start-Up Awards 2013" TheNextWeb.com, Martin Bryant, 26 March 2013 http://thenextweb.com/voice/2013/03/26/here-are-all-the-winners-of-the-next-webs-startup-awards-europe-2013/
  23. ↑ "Jobandtalent, ganadora en los Startup Competition dentro de la categoría de Internet"., Blog.jobandtalent.com, 11 October 2013
  24. ↑ "Jobandtalent elegida mejor Startup de Madrid"., Elreferente.es, 28 November 2014
  25. ↑ "The 2015 Onrec Award Shortlist"., Onrec.com, January, 2015
  26. ↑ GP Bullhound. "LeoVegas, Sigfox and Jobandtalent take home the awards at GP Bullhound’s European Unicorn Summit - See more at: http://www.gpbullhound.com/news/leovegas-sigfox-and-jobandtalent-take-home-the-awards-at-gp-bullhounds-european-unicorn-summit/#sthash.bJOuEL62.dpuf". GP Bullhound. Retrieved 6 May 2016. External link in |title= (help)
  27. ↑ "The 2016 Onrec Award Shortlist"., Onrec, March, 2016
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