Zenjob Raises $30M in Series C Funding

Zenjob, a Berlin, Germany-based digital recruitment company, raised $30M in Series C funding.

The round was led by Forestay Capital, with participation from existing investors Redalpine, Acton Capital, Axa Venture Partners and Atlantic Labs.

The company intends to use the funds to expand operations and roll-out its digital recruiting technology throughout Germany and expand internationally.

Co-founded in 2015 by Fritz Trott, Cihan Aksakal and Frederik Fahning, Zenjob is a technology-powered personnel service company that provides student assistants to large and medium-sized companies. Students use the app to book short-term jobs on an hourly basis or a side job for three to six months. More than 12,000 students are employed every month in sectors such as logistics, events, retail and gastronomy as part of the temporary employment agency. Now, Zenjob is active in 14 German cities and has more than 1,000 customers including Uniqlo, Flixbus, Terra Naturkost and Mercure Hotels. It currently employs 250 people.

FinSMEs

12/05/2020

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