Jack and Jill raises $40 million while developing agent-mediated recruitment

Jack and Jill raised $40 million in a round led by SG Capital. Creandum, which led the company’s $20 million seed round the previous year, participated again, alongside Madrona Capital and other investors.

The company is developing a recruitment approach in which agents survey opportunities, monitor the market continuously and connect people with a small number of relevant prospects for human-level conversations. It also envisions that agents could eventually connect with one another and negotiate recruitment.