Randstad invests in Swiss talent platform Goodwall

Goodwall, a leading professional development network for young talents has closed its USD 10.8 million Series C capital round. The round was led by Randstad Innovation Fund and Manixer, a Geneva-based private equity firm.

Goodwall has grown to over a million young professionals and students and has seen an impressive traction with its core demographic of 14-24 year-olds. Based on their profiles and preferences, college students and graduates are connected with employers for jobs and internships while high school students are connected to colleges and scholarships. 

Randstad Innovation Fund is Randstad strategic corporate venture fund to fuel innovation and support Randstad’s ambition to be a leader in the HR-field. With a revenue of more than EUR 23 billion and 5,000 offices in 40 countries, Randstad is a global leader in the HR services industry. 

Lenz & Staehelin advised Randstad in this transaction. The team was led by partner Andreas Rötheli and included Mona Stephenson and Federico Trabaldo Togna (all Corporate and M&A).