Jack & Jill Raises $20M in Series A

Jack & Jill has successfully raised $20M in a Series A at a $75M valuation led by Craft Ventures, Spark Capital.

Company Overview

Jack & Jill is a SaaS company headquartered in Austin, TX, founded in 2023 with 40+ employees.

AI recruiting platform automating candidate sourcing and screening for tech roles

Fundraising Details

Amount Raised: $20M
Round Type: Series A
Valuation: $75M
Date: 2025-10-16
Investors: Craft Ventures, Spark Capital

About Jack & Jill

AI recruiting platform automating candidate sourcing and screening for tech roles The company is positioned in the SaaS sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Austin, TX
Founded: 2023
Team Size: 40+
Industry: SaaS

What This Means

This funding round demonstrates strong investor confidence in Jack & Jill's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The SaaS sector continues to attract significant investment as companies innovate to meet evolving market demands. Jack & Jill's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $75M valuation marks an important milestone for Jack & Jill, positioning the company among notable players in the SaaS industry.

Looking Ahead

With this new capital, Jack & Jill is well-positioned to execute on its growth strategy and continue building innovative solutions in the SaaS space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-16. For more information about Jack & Jill, visit their headquarters at Austin, TX.