Dive Brief:
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Jobandtalent, a recruitment startup headquartered in Madrid, Spain; is gaining traction. Currently, the company has more than 10 million registered users and they estimate around 450,000 new users sign up via mobile every month. Recently the company secured an investment worth $42M.
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Natasha Lomas who writes for Tech Crunch, interviewed co-founder and CEO, Juan Urdiales on the company’s recent transition and subsequent rapid success. Urdiales says the company, “has undergone an “evolution”, shuttering its desktop product and going purely mobile, adding mobile messaging and geolocation to its apps to accelerate utility to candidates and employers.” Additionally, Jobandtalent has started targeting high turnover sectors of the workforce, where there is the most opportunity to attract blue-collar workers who are adept at using smartphones.
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This new move to a purely mobile platform, combined with a focus on smaller businesses that are scaling up rapidly, puts Jobandtalent on an even playing field with similar recruitment apps like Accel-backed JobToday and CornerJob, as well as major staffing agency contenders like Adecco International.
Dive Insight:
The future of mobile recruitment technology has arrived and startups like Jobandtalent are leading the way with outstanding earnings and growth. Like some of their rivals, Jobandtalent is narrowing its focus on rapid growth industries that experience high turnover rates. Urdiales tells Tech Crunch that, “Our focus is on small businesses, mainly in some sectors like hospitality, sales, logistics, and administration.” Further he adds, “It’s a change on the focus of the clients that we wanted to serve but it was a natural evolution.”
The idea behind many of the recruitment startups that are dealing specifically in the mobile world is that there is a huge untapped candidate market that traditional staffing agencies have failed. In the regions where it’s being launched, including Madrid, Barcelona, Mexico City, Bogota and London, there are high numbers of those seeking employment opportunities in the new on-demand market.
