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Venture Capital News: Jobaline Raises $3.5M

2017-02-06
KIRKLAND, WA, Leading candidate engagement platform for hourly workers, announced today that it has closed $3.5 million in new financing.
Jobaline, the leading candidate engagement platform for hourly workers, announced today that it has closed $3.5 million in new financing.

'Hourly workers represent more than half of our US workforce but talent acquisition systems are not geared for this growing and flexible workforce,' said Doug Johnson, CEO, Jobaline. 'By connecting corporations and businesses that are dependent on hourly workers with applicants and providing a platform that serves both this mobile workforce and the hiring managers, we have been able to demonstrate clear results for our customers, delivering 8x the number of qualified workers.'

Jobaline has proved indispensable for organizations that hire hourly workers which have struggled with the speed, quality or quantity of their currently hourly worker recruiting and sourcing. Jobaline's Candidate Engagement Platform seamlessly works with existing Applicant Tracking Systems (ATS) and provides an engagement environment tuned for hourly workers and their hiring managers.

This new financing concluded a strong year for Jobaline. 'The number of workers in the Jobaline network now approaches 1 million, which will fuel our growth and drive future value to Jobaline's customers,' said Johnson.

The company launched its new product, Candidate Engagement Platform, allowing hourly employers to easily ingest Jobaline candidate profiles directly into their ATS, making implementation quick and seamless with existing processes and systems. Doug Johnson joined the company as CEO in September and led the successful financing.

The funding round included participation from existing investors Madrona Venture Group, Trilogy Equity Partners, Founder's Co-op and Rudy Gadre, as well as new investment from a number of prominent Pacific Northwest angel investors.

About Jobaline:

Most talent acquisition solutions weren't built with hourly workers in mind. Jobaline is the only Candidate Engagement Platform (CEP) created for this vast and underserved group of people. Jobaline integrates with your existing talent acquisition solution seamlessly, engaging hourly candidates throughout the entire hiring process, reducing friction and abandon rates, while increasing the speed and number of candidates you receive by up to 8x. No rip and replace necessary - just add Jobaline and bridge the gap between you and the hourly worker. Jobaline is based in Kirkland, WA.
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