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Zenjob Raises $50m Growth Round

Zenjob founders Frederik Fahning, Fritz Trott, Cihan Aksakal

When we first invested in Zenjob in their Series A, we were excited about the opportunity to infuse slow-moving staffing processes with technology for more flexibility, convenience and speed for employers and job-seekers alike. Fast forward to today and Zenjob (Redalpine Capital III & Redalpine Opportunity Fund) already serves more than 2’500 companies, providing reliable, vetted staff on-demand through matching with available talents out of Zenjob’s more than 40’000-strong pool.

The company’s approach addresses the needs of their clients for a flexible and readily available workforce without administrative hassle. For talents, Zenjobs offers a broad variety of job opportunities, fast pay out after shifts and a setup to choose jobs that fit their own schedule, all organised conveniently via the Zenjob app.

With demand for flexibility growing on both sides of the labour market, Zenjob has now raised a $50m growth round, led by Aragon.

The funds raised will be used to further scale Zenjob’s tech platform and to accelerate expansion across Europe. As next steps, the team plans to deepen coverage in Germany and in the Netherlands and to launch in the UK. To support the growth, the company is also looking to grow the team, with currently close to 100 open positions.

We are delighted to be on the journey with Fritz, Cihan, Frederik and the team. Congrats on this new milestone!

For further coverage of the funding round, see e.g. on Techcrunch or Businessinsider.


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