Zenjob Funding, Investors & Competitors

Zenjob has raised $107M across 5 funding rounds, most recently a $51M Series D in February 2022.

Last Zenjob funding round

$51M

Series D · Feb 2022

Cumulative funding Zenjob raised

$107M

across 5 funding rounds

Key investors in Zenjob

  • Atlantic
  • Acton Capital
  • redalpine
  • AVP
  • Forestay Capital
  • 500 Global
  • Aragon Global Management

Zenjob Overview

About Zenjob

Zenjob is a Berlin-based digital staffing marketplace that connects flexible workers, primarily students, with companies needing temporary staff in sectors such as e-commerce, logistics, retail, and hospitality. Through its app, more than 40,000 people book shifts each month, while over 2,500 companies use the platform to staff more than 10,000 locations on short notice. Zenjob directly employs the workers it places and pays wages within 72 hours of a completed shift.


Founded

2015

HQ

GermanyGermany

Website

zenjob.com

Status

Privately held

Customer focus

B2B

Revenue model

Commission

Zenjob Funding History

Zenjob has raised a total of $107M across 5 funding rounds.

Zenjob's first fundraising round was a $3M Series A in March 2017. The most recent completed round was a $51M Series D in February 2022.

Zenjob funding rounds

Zenjob funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2022Series DAragon Global Management (lead); Forestay Capital; Acton Capital; AVP; Atlantic$51MZenjob is a Berlin-based digital staffing marketplace that connects flexible workers, primarily students, with companies needing temporary staff in sectors like e-commerce, logistics, retail, and services. Through its app, over 40,000 people monthly book side jobs on-demand, while over 2,500 companies use the platform to staff more than 10,000 locations quickly and reliably. Zenjob directly employs its talents and pays 50% of wages within 72 hours after shifts, emphasizing speed, flexibility, and automation via matching algorithms and a modular platform architecture. On February 22, 2022, Zenjob raised 45 million euros ($50 million) in a growth funding round led by Aragon Global Management (also listed as Aragon Ventures), with participation from Acton Capital, Atlantic Labs (and Atlantic Vantage Point), Forestay Capital, Axa Venture Partners (AVP), and others including 500 Global and Redalpine. The round, described variably as Series D or growth capital, totals around $51 million across sources. The funds are earmarked for accelerating expansion in Germany and Europe, scaling the platform, rolling out digital recruiting technology to more cities, international growth, and developing new data-driven automation features like enhanced matching algorithms. Zenjob operates in 14 German cities at the time, serving medium and large businesses in logistics, retail, and office work with hourly staffing solutions under 24 hours' notice.
May 2020Series CForestay Capital (lead); redalpine; Acton Capital; AVP; Atlantic$31MZenjob is a Berlin-based digital staffing marketplace that connects students and flexible workers with temporary jobs in sectors like retail, logistics, hospitality, and office work via its app. The platform enables companies to quickly find temporary employees for short-term needs or seasonal fluctuations, handling recruitment, matching, onboarding, and invoicing, while workers can find same-day jobs in their area. By the time of its Series C funding in May 2020, Zenjob operated in 14 cities in Germany, reaching 15,000 students daily. Zenjob raised €27 million ($30 million) in its Series C funding round around May 12-13, 2020, led by Forestay Capital, with participation from existing investors Redalpine, Acton Capital, AXA Venture Partners (AVP), and Atlantic Labs (also referred to as Atlantic). The funds supported nationwide expansion in Germany and international growth, such as to the Netherlands. Legal advisors like POELLATH supported Forestay Capital in the transaction. Zenjob had raised prior rounds like Series A and B, reaching over $106M total by 2022.
Nov 2018Series BAVP (lead); redalpine; Acton Capital; Atlantic$17MZenjob is a Berlin-based tech startup providing an on-demand staffing platform that helps large and medium-sized businesses find short-term staff with just a few clicks. The company raised €15 million in its Series B funding round on November 20, 2018, led by AXA Venture Partners (AVP), with participation from existing investors Acton Capital Partners, Redalpine Venture Partners, and Atlantic Labs. The funds are designated for technological product development, nationwide business expansion in Germany, enhancing intelligent software optimization, and launching an 'in-store solution' for retail clients to automate job posting, candidate matching, and shift management. Zenjob targets sectors like retail, events, and gastronomy, addressing challenges in finding flexible staffing amid growing demand for temporary workers and flexible employment.
Sep 2017Series AActon Capital (lead); redalpine; Atlantic$6MZenjob is a Berlin-based digital staffing platform that matches workers, primarily students, with temporary jobs in sectors like retail, logistics, and hospitality. The company automates staffing processes, employing and insuring staff while taking a cut of the jobs. Founded in 2015 or early 2016, it serves businesses needing flexible hourly workers. In September 2017, Zenjob closed an €8 million Series A funding round, comprising an initial €3 million and an additional €5 million. Acton Capital led the round, with participation from Redalpine and Atlantic Labs. At the time, Zenjob employed over 1,500 students and served more than 450 businesses in Berlin, including clients like Hard Rock Café, Tesla, and Sheraton Hotels. The funds supported technology investments and expansion to cities like Hamburg, Munich, and Cologne.
Mar 2017Series AActon Capital (lead); redalpine (lead); Atlantic; 500 Global$3MZenjob is a Berlin-based digital staffing platform that automates recruitment, connecting students with temporary jobs via a mobile app and taking a cut of the jobs. In March 2017, it completed an initial €3 million seed investment, which was extended in September 2017 to a total €8 million Series A round led by Acton Capital with participation from Redalpine and Atlantic Labs. The funds supported technology development and expansion to cities like Hamburg, Munich, and Cologne. Zenjob had supplied student workers to over 1,000 clients and staffed more than 10,000 temporary jobs monthly by late 2018.

Who has invested in Zenjob?

7 investors have backed Zenjob across its funding rounds, including Atlantic, Acton Capital, redalpine, AVP, Forestay Capital and 500 Global.

Lead investors include Aragon Global Management, Forestay Capital, AVP, Acton Capital and redalpine.


Zenjob Investors

Investors in Zenjob by funding rounds participated
InvestorHQRoundsRoleFirst check
Acton CapitalGermanyMunich5LeadMar 2017
AtlanticGermanyBerlin5ParticipantMar 2017
redalpineSwitzerlandZurich4LeadMar 2017
AVPFranceParis3LeadNov 2018
Forestay CapitalSwitzerlandGeneva2LeadMay 2020

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Zenjob Competitors

Zenjob competitors include listed companies like Recruit Holdings, BOSS Zhipin, Seek and Visional, and private ones like Xiaohongshu and OpenSea.

Public and private companies comparable to Zenjob
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Recruit HoldingsJapanJapanPublicly listed$24B$4B$156B6.0x
BOSS ZhipinChinaChinaPublicly listed$1.2B$493M$6.6B2.6x
SeekAustraliaAustraliaPublicly listed$914M($63M)$3.1B4.5x
VisionalJapanJapanPublicly listed$515M$157M$2.2B2.6x
XiaohongshuChinaShanghaiPrivate--$20B-
OpenSeaUnited StatesNew York City, NYPrivate$873M-$13B15.2x

Zenjob Public Comps

Zenjob is still privately-owned, but its public comps include Amazon, Alibaba Group, Recruit Holdings, Uber, Booking Holdings, Pinduoduo, Airbnb, MercadoLibre, Prosus and DoorDash.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amazon$717B$161B3.9x3.5x17.5x13.8x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
Recruit Holdings$24B$4B6.4x6.0x37.9x25.2x
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Booking Holdings$27B$8.3B4.9x4.6x15.9x12.4x
Pinduoduo$64B$14B0.7x0.7x3.1x2.8x
Airbnb$12B$2.4B7.2x6.5x36.3x18.2x
MercadoLibre$29B$3.7B3.5x2.6x27.2x25.1x

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Common questions about Zenjob

When was Zenjob founded?Zenjob was founded in 2015.
Where is Zenjob headquartered?Zenjob is headquartered in Germany.
Is Zenjob publicly listed?No, Zenjob is a private, VC-backed company.
How much funding has Zenjob raised?Zenjob has raised $107M across 5 funding rounds.
What was Zenjob's last funding round?Zenjob's last funding round was a $51M Series D in February 2022, led by Aragon Global Management.
Who are Zenjob's investors?Zenjob's investors include Acton Capital, Atlantic, redalpine, AVP, Forestay Capital, Aragon Global Management and 500 Global.
Which companies are comparable to Zenjob?Companies comparable to Zenjob include Recruit Holdings, BOSS Zhipin, Seek, Visional, Xiaohongshu and OpenSea.

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