Skillit, a New York-based provider of a data-driven recruiting platform for skilled, full-time construction labor, raised $8.5M in Additional funding.
The round, which brought the total amount to $13.6M, was led by MetaProp and Bow Capital with participation from existing investor Building Ventures.
The company intends to use the funds to expand to new trades and geographies.
Led by Fraser Patterson, CEO and Founder, Skillit is a recruiting platform purpose-built for construction that uses data to solve shortage of skilled labor. It connects the supply of skilled workers with contractor demand in the $1.7T annual construction industry. The platform provides visibility into the full employee lifecycle, to improve recruitment (supply and hiring process) and retention outcomes for the world’s leading ENR contractors.
The roles to which its customers have access include carpenters, drywallers, electricians, general laborers, heavy equipment operators, millwrights, pipefitters, pipelayers, solar installers, superintendents and welders.
Skillit’s focus areas for expansion are accelerated by several additional Top 50 ENR Contractors who’ve signed on as customers across Charlotte, North Carolina, Houston, Texas, Jacksonville, Florida, Orlando, Florida, San Antonio, Texas, Temple, Texas and Northern California.
FinSMEs
20/07/2023