Berlin-based startup wins $50m to disrupt flexible working across Europe and build on its ‘putting talent first’ motto

The growing demand for temporary work presents an opportunity to help people book reliable jobs with the click of a button while providing benefits such as faster payouts and a steady stream of income. Berlin-based recruitment marketplace that matches workers with temporary side jobs, Zenjob raised $50 million (€45 million) in a financing round.

The tour was led by Aragon with contributions from all existing investors, including Action Capital, Atlantic Laboratories, Propand Axa Venture Partners.

The platform will use the capital to accelerate its growth and expand to new cities in Germany and the Netherlands. So far, the company has helped fill more than a million jobs in Germany and the Netherlands. It will also bring the market to the UK later this year and offer new job categories.

Founded in 2015 by Fritz Trot, Cihan Aksakal and Frederik Fahning, the startup has developed a digital platform that connects workers with side jobs in a growing number of sectors, including e-commerce, logistics, retail and service industries. Thanks to the app, talents find and book jobs on an hourly basis and can flexibly decide when, where and for whom they work. Every month, more than 40,000 workers are employed in sectors such as logistics, e-commerce, retail and services.

Fritz Trott, co-founder and CEO of Zenjob, said: “The growing demand for temporary work presents an opportunity to help people book reliable jobs with the click of a button while providing benefits such as faster payments and a steady stream of income. It’s a win-win situation, both for the companies and for our talents. For us, this is the basis for developing our platform and bringing our services to new cities and new countries.

Mary I. Bruner