RICHMOND, VA, The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Capango.
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds, the direct investment program of the Virginia Innovation Partnership Authority (VIPA) Investment Division, has invested in Ashburn, Va.-based Capango, developer of a mobile first platform that connects qualified job seekers to work opportunities in the retail and restaurant industries, simplifying the hiring experience for employers with an easy-to-use mobile app - no resume required. The startup will use this investment to support growth plans as they continue to expand and help more employers save time and money by finding the perfect hire for each job.
Capango has reinvented retail and restaurant recruiting with a platform that instantly connects qualified job seekers to rewarding opportunities. Using a proprietary scoring algorithm and a dating app-like interface, recruiters and job seekers benefit from a mobile first interactive experience. Speed to hire is reduced with integrated chat, video interviewing and candidate management. For employers, this means direct access to qualified, passionate workers, making hiring fast and cost-effective.
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