Insights, Deals and Cases

Živković Samardžić Advises Joberty on Angel Investment for Entering Global Market

22 September 2021

Živković Samardžić has advised Joberty, an online IT platform connecting employers and candidates, on securing a $350,000 angel investment from Kroog Ventures. This investment raises Joberty's valuation to $3.3 million.

The funding will help expand Joberty’s presence in the European market and beyond. Since its launch in August 2019, the platform has attracted over 27,000 IT professionals and 600 companies, despite challenges posed by the COVID-19 pandemic.

Joberty provides a space for IT professionals to share work experiences, candidates to find jobs, and companies to discover relevant talent. The platform enhances transparency in the IT sector, allowing the wider community to understand company cultures and work practices. Joberty aims to grow regionally and expand into the U.S. market.

Kroog Ventures, founded in 2021, focuses on early-stage European tech startups. In addition to financial support, it offers strategic, operational guidance and access to international networks and capital markets.

Živković Samardžić acted as legal adviser to Joberty on all aspects of the deal, including structuring the transaction, drafting and negotiating of transactional documentation, as well as assisting with the preparation and execution of the closing process.

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