Jobsandtalent, an online staffing platform based in Madrid, Spain, announced a €100 million (US$118.9 million) funding round today. Funding will go toward expansion, including to the US.

The company launched in 2009 and presently serves eight markets in Europe and Latin America, including Mexico and Colombia. It had a revenue run rate of €500 (US$614.1 million as of Dec. 31) million in 2020.

Today’s investment came from the SoftBank Vision Fund 2. It comes after Jobsandtalent closed an €88 million (US$108.1 million as of Dec. 31) funding round in December.

“There are 500 million temporary workers around the world, and we saw an opportunity to use technology as a way of helping these workers find reliable, consistent jobs,” said Juan Urdiales, co-founder and co-CEO of Jobandtalent. “We want to help match these workers with the right roles at the right companies, and make sure they have the benefits and security of employment.”

Also today, Jobsandtalent reported it secured €83 million (US$98.6 million) in debt financing from BlackRock.

Jobsandtalent matches workers and companies in several sectors, including logistics, e-commerce, warehousing and manufacturing. So far, 80,000 workers have used the platform.

Jobsandtalent employs the workers directly and manages the back-end administrative process including payroll, timesheets and legal compliance.

Customers include XPO, Ceva Logisitcs, eBay, Ocado, Sainsbury’s Bayer and Santander.

“Jobandtalent is addressing a crucial challenge facing the modern workforce - how to balance flexibility with high quality, reliable job opportunities,” said Yanni Pipilis, managing partner at SoftBank Investment Advisers. “The company has developed a data-driven platform that has a track record of providing high fulfilment and low attrition staffing for businesses with temporary roles to fill, while securing income stability and benefits for workers.”