Jack and Jill just raised a $40m Series A led by Air Street Capital with Madrona joining the round, and participation from existing investors. This brings total funding to $60m, just ten months after their $20m Seed. Revenue has grown 40x since the seed round.
Matt Wilson is Co-Founder and CEO of Jack & Jill. They are two AI agents, where Jack works for the person looking for the next step in their career, while Jill works for the company hiring. When they agree it's a good match, the candidate is introduced directly to the decision maker instead of filling in an application. The new funding will go toward growing the business further across the US.
The Scaling Europe show is presented by Deel. Check them out here: https://get.deel.com/ruynb7o4lfjk
Sponsors:
SurrealDB: https://surrealdb.com/
Airwallex: https://www.airwallex.com/uk
Lovable: https://lovable.dev/
Parloa: https://www.parloa.com/
Conveo: https://conveo.ai/
NatWest: https://www.natwest.com/
WWT: https://www.wwt.com/
Timestamps:
0:00 Introduction
0:13 What Jack and Jill actually do
2:37 The new $40m Series A and who's backing it
4:03 Expanding into San Francisco and New York
7:24 A founder success story from Entrepreneurs First
8:53 Why Nathan Benaich joined the cap table
11:14 Raising engineer pay to £360,000
14:14 Balancing high pay with mission-driven hires
15:50 How US pay is reshaping London hiring
18:13 What makes ex-founders great engineers
20:12 What's next for Jack and Jill
