The Montreal-based startup has now raised a total of $150 million.

Talent.com, which is building a next-generation job search site, announced Wednesday its successful US$120 million Series B funding round led by Inovia Capital, with the participation of existing investor Caisse de dépôt et placement du Québec (CDPQ), and new investors Investissement Québec, Climb Ventures, BDC Capital, Fondaction, and HarbourVest Partners.

The company also raised US$30 million in new debt financing from the Technology & Innovation Banking Group at BMO Financial Group. (Talent.com)

The Talent.com platform displays as many as 30 million jobs from more than 1 million companies and its growth trajectory has been featured in Financial Times, The Globe and Mail, and Deloitte’s Technology Fast 500. Jobs are available in 78 countries, while the company maintains 8 offices across the world.

Talent.com will use the funds to technologically expand its job search platform. In addition, the startup will hire new team members globally, invest in product development, further establish the brand and scale its newest solutions for SMBs.

“With this new investment, we look forward to further strengthening our position as a leading global next-generation job search platform by hiring top talent and increasing our investment in product and R&D,” said co-founder and co-CEO Maxime Droux.

“Talent.com continues to be a disrupter of the very large global recruiting industry and is well positioned to accelerate its impressive expansion through its ability to adapt to the changing market and technology,” said Alexandre Synnett, Executive Vice-President and Chief Technology Officer at CDPQ.

After the pandemic, labor markets in the US have turned out to be very tight and employers are facing difficulties in hiring qualified workers, as well as a rising tendency in job-hopping. This also appears to be a burgeoning international trend, and startups such as Talent.com are therefore seeing solid investment interest from VC firms.

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