45 million euros for Zenjob

The Berlin-based startup is looking to expand to the UK this year and improve automation on its job platform.

Zenjob has closed a €45 million funding round. Aragon Global led the round. Existing investors such as Acton Capital, Atlantic Labs, Forestay and Axa Venture Partners also participated again.

Founded in 2015 by Fritz Trott, Cihan Aksakal and Frederik Fahning, the startup offers a platform where workers can find temporary part-time jobs. Zenjob hires them directly and pays 50 percent of their salary within 72 hours of a completed shift.

With the help of the new funding, the startup plans to accelerate its expansion in Europe. In doing so, Zenjob wants to expand into new cities in its existing markets of Germany and the Netherlands, and launch in the UK this year. The Berlin-based startup also wants to expand its technology platform and expand the team responsible for automating platform services. The automated services include, for example, the matching algorithm that matches short-term workers with companies.

"The growing demand for temporary work offers us the opportunity to help people book reliable jobs when and where it suits them with just one click. At the same time, they benefit from advantages such as faster salary payment and a reliable source of income," says Zenjob co-founder and CEO Fritz Trott. According to the company, more than 40,000 workers are hired through the platform every month.