The round was led by global software investor Insight Partners, with participation from Target Global and existing investors Kapor Capital and Vertex Ventures Israel. The round was joined by members of Joonko's advisory board which is composed of influential diversity and inclusion leaders also on the Joonko Advisory Board, including Bernard Coleman (Gusto), Nicole Cuellar-Lopez (Etsy), Samuel Tam (Visa), Rachel Williams (Motley Fool), Mikeaela Ann-Smith (Chainalysis) and Mercedes Chatfield-Taylor (Artico Search).

Joonko is the only automated sourcing platform focused solely on underrepresented candidates and is relied on by global enterprises including Adidas, Accenture, American Express, Intuit, and Northwestern Mutual.