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Announced

Completed

Insight Partners led a $25m Series B round in Joonko.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Minority

recruiting software

Private Equity

Friendly

Single Bidder

software development

Private

automated sourcing platform

Completed

Software

Venture Capital

Cross Border

Synopsis

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Insight Partners, an American venture capital and private equity firm, led a $25m Series B round in Joonko, a recruiting software that provides managers and employees with real-time insights and recommendations, with participation from Target Global, Kapor Capital and Vertex Ventures. "Hiring underrepresented and diverse talent has become a priority across industries, and Joonko has created an automated platform for HR teams to easily source qualified candidates. Joonko has quickly emerged as a leader in the space, working with companies across the globe. We look forward to partnering with the Joonko team as they continue to grow and scale," Liad Agmon, Insight Partners Managing Director.

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