Assured Labor, a NYC, Mexico City, and Sao Paolo-based provider of mobile recruitment solutions, closed a $5.5m funding round.
The round led by Capital Indigo, which joined existing investors Great Oaks Venture Capital, Nexus Venture Partners, Kima Ventures, Enzyme Venture Capital, Fabrice Grinda and Jose Marin. In conjunction with the funding, Bernardo Paashe and Everardo Camacho, Managing Partners, Capital Indigo, will join Assured Labor’s Board of Directors.
The company intends to use the funds to grow its engineering and sales teams while consolidating its market position in the mid-to-low wage segment.
Led by David Reich, Founder and CEO, Assured Labor provides a platform to connect employers with mid-to-low wage candidates in their area.
The company, which operates brands in Mexico (www.EmpleoListo.com.mx) and Brazil (www.TrabalhoJa.com.br), leverages Internet, SMS, Voice User Interface and Social Media, to enable companies to identify and reach job seekers in their area.
It has 500,000 registered job seekers and 16,000 employers.