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Berlin-based Zenjob Raises €45M in a Growth Financing Round

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Berlin-based Zenjob has raised €45M in a growth financing round. The staffing marketplace that became a savior for a lot of folks in Germany during the COVID-19 lockdown plans to use the new funding to accelerate its expansion in Europe.

Zenjob is a digital platform that matches workers with temporary side jobs in growth industries.

With the new funding, the platform is planning to expand in Europe.

The startup will also use the growth fund to scale its platform and add new data-based automation features for its fast-growing customer base.

As part of this new strategy, Zenjob plans to expand to new cities in Germany and the Netherlands.

The startup also plans to bring the marketplace to the UK later this year and expand to match jobs in new categories.

Since its founding in 2015, Zenjob says it has matched over 1 million jobs in Germany and the Netherlands.

In order to improve its matching algorithm, the startup is also planning to invest in the extension of its technology platform.

The funding will also be used to grow the team responsible for its new modular platform architecture, the matching algorithm, and new automated services.

The funding round was led by Aragon with contributions from all existing investors.

According to Crunchbase, Zenjob has raised a total of $107M from nine investors including Acton Capital, Atlantic Labs, Forestay, and AXA Venture Partners, who participated in this round.

 

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Femi Thomas

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Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy. Zenjob is a digital platform that matches workers with temporary side jobs in growth industries. rn

With the new funding, the platform is planning to expand in Europe. rn

The startup will also use the growth fund to scale its platform and add new data-based automation features for its fast-growing customer base.rnrnrnrn

As part of this new strategy, Zenjob plans to expand tou00a0new cities in Germany and the Netherlands. rn

The startup also plans to bring the marketplace to the UK later this year and expand to match jobs in new categories.rn

Since its founding in 2015, Zenjob says it has matched over 1 million jobs in Germany and the Netherlands.rnrnrnrn

In order to improve its matching algorithm, the startup is also planning to invest in the extension of its technology platform. rn

The funding will also be used to grow the team responsible for its new modular platform architecture, the matching algorithm, and new automated services.rnrnrnrn

The funding round was led by Aragon with contributions from all existing investors.rnrnrnrn

According to Crunchbase, Zenjob has raised a total of $107M from nine investors including Acton Capital, Atlantic Labs, Forestay, and AXA Venture Partners, who participated in this round.rnrnrn rnrnrnRead more on Tech Gist Africa:rnrnSwedenu2019s Volta Raises $260Mu2026 to get itu2019s all-electric trucks into production by the end of this yearrnrnPerchPeek Raises $11M to woo u2018great resignation employeesu2019 with Easy RelocationrnrnSpoke Launches Music Therapy App for Gen Z, raises $1.5Mrn

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