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France – Gojob announces $23 million funding round to expand US and French markets

France – Gojob announces $23 million funding round to expand US and French markets

September 13, 2022

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Gojob, a recruitment firm based in France, announced a new round of financing of USD 23 million from Amundi, an asset management firm, Banque des Territoires and its existing shareholders Breega Capital, KOIS and Alter Equity.

With this new fundraising, Gojob will accelerate its R&D investments as well as the growth of the US and French markets. Gojob will also enrich its portfolio of services, particularly training and financial products, for its 500,000 temporary workers to better support them throughout their professional careers.

The group which describes itself as a ‘Workforce-As-A-Service platform’, aims to achieve more than 60% growth by the end of this year and profitability by 2023.

Laurence Laplane-Rigal, Impact Investing Director at Amundi added, “Our Amundi Finance and Solidarity fund aims to invest in unlisted companies providing solutions to the main social and environmental challenges. We are very happy to support GoJob, which is part of one of our five investment themes: job creation and in particular the employability of a low-skilled public. We are fully in line with its values: an innovative company at the service of social impact, which allows people who are far from employment to have access to temporary assignments, as well as to appropriate training thanks to a total digitization of the sector.”

Christophe Genter, director of the social and territorial cohesion department at Banque des Territoires, said, “Since 2019, we have been supporting Gojob in its development and are delighted to renew our support by accompanying them towards this new change of scale. Thanks to the digital tool, Gojob offers “tailor-made” support to vulnerable people reintegrating into the labour market, and thus puts technology at the service of people: it is this alliance of technical performance and social impact that the Banque des Territoires seeks as an investor, in the service of more attractive and more inclusive territories, by supporting access to employment and training in the best conditions and throughout life.”