– SWITZERLAND, Lausanne / CANADA, Montreal – Talent.com, the fast-growing global player in next-generation job search platforms, today announced a $120 million US Series B funding round led by Inovia Capital, alongside existing investor Caisse de dépôt et placement du Québec (CDPQ), and new investors Investissement Québec, Climb Ventures, BDC Capital, Fondaction, and HarbourVest Partners.
This new financing brings total recent investments to US$150 million, including US$30 million in new debt financing from the Technology & Innovation Banking Group at BMO Financial Group.
This new funding will allow Talent.com to further expand its user-centric, programmatic job search platform by improving the relevancy and efficiency of the job search experience for job seekers. The funds will also be used to hire new team members globally, invest in product development, further establish the brand and scale its newest solutions for SMBs.
“We’re thrilled to have reached this exciting milestone in the life of our company. With this new investment, we look forward to further strengthening our position as a leading global next-generation job search platform by hiring top talent and increasing our investment in product and R&D,” said co-founder and co-CEO, Maxime Droux.
“The race for talent has only been accentuated by the significant challenges that businesses are facing right now. Talent.com has rapidly grown to become one of the largest and most international platforms for employers to source and recruit”, commented Chris Arsenault, Partner at Inovia Capital. “This partnership is prompting a new phase of growth as they launch a suite of value-added products to become a true job-seeker-centric platform.”
About Talent.com
Talent.com is one of the world’s fastest-growing next-generation job search platforms helping businesses find candidates no matter their budget, number of job openings, or technological capabilities. Based in Montreal, Canada, with 8 offices around the world, our dedicated team adapts to the job posting requirements of our clients and helps them grow. Available in 78 countries and working with an extensive network of publishing partners, we adapt our solutions to the needs of small businesses to enterprise clients, so you can find talent, your way.
Co-founders Maxime Droux, Lucas Martínez, and Benjamin Philion, alongside their global team of industry experts, have a clear roadmap to becoming a one-stop-shop for candidates and recruiters.
Talent.com is available in 78 countries and 29 languages and currently employs 400 people globally. Its proprietary technology matches job seekers with relevant job opportunities while its pay-per-click model helps recruiters easily adjust their job advertising campaigns based on performance.
The platform is one of the largest sources of employment in the world, displaying more than 30 million jobs from 1 million companies, with repeat and growing engagement from international brands. Talent.com has consistently been featured as one of the fastest-growing companies in the rankings of the Financial Times, The Globe and Mail, and Deloitte’s Technology Fast 500.</p
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