Jobandtalent’s $500 Million Series E Round

In UK Orrick Herrington & Sutcliffe LLP, advised on the matter.

Orrick Herrington & Sutcliffe LLP advised Kinnevik with a team including Shawn Atkinson (Picture – Corporate M&A), Faraaz Samadi (IP&IT).

Kinnevik announced its $115 million investment in Jobandtalent’s $500 million Series E financing round. SoftBank Vision Fund 2, Atomico, DN, Infravia, Kibo and Quadrille also participated in the round.

This investment gives Jobandtalent a $2.35 billion valuation. The funding will be used to accelerate the company’s expansion in the United States, significantly increase the size of its teams, and add key executive roles.

The Orrick team advising Kinnevik is led by Shawn Atkinson (Picture) and includes Christopher Perry, James Badge, Kristy Hart, James Edwards, Scott Morrison, Faraaz Samadi and Milan Baxter.

Involved fees earner: Shawn Atkinson – Orrick Herrington & Sutcliffe LLP; James Badge – Orrick Herrington & Sutcliffe LLP; Milan Baxter – Orrick Herrington & Sutcliffe LLP; Scott Morrison – Orrick Herrington & Sutcliffe LLP; Christopher Perry – Orrick Herrington & Sutcliffe LLP; Faraaz Samadi – Orrick Herrington & Sutcliffe LLP;

Law Firms: Orrick Herrington & Sutcliffe LLP;

Clients: Kinnevik;

Author: Giulia Di Palma