Sunday, November 27, 2022
HomeStaffingQwick, Beekeeper, CloudPay, Drive My Means, WorkTorch, UpSmith, Remotebase, Ping

Qwick, Beekeeper, CloudPay, Drive My Means, WorkTorch, UpSmith, Remotebase, Ping

November 11, 2022

Corporations lately asserting funding rounds embrace Qwick, Beekeeper, CloudPay, Drive My Means, WorkTorch, UpSmith, Remotebase and Ping.


Phoenix-based Qwick closed a $40 million collection B funding spherical. The candidate discovery platform connects employees with meals and beverage shifts within the hospitality trade.

“We’re proud to have facilitated over 500,000 hospitality shifts so far, and we plan to double that output in a matter of months as we match a rising variety of companies and repair trade professionals for shifts in increasingly cities across the nation,” Qwick co-founder and CEO Jamie Baxter mentioned.

The spherical was led by personal fairness agency Tritium Companions with participation from present buyers Album VC, Kickstart, Desert Angels and Revolutions’ Rise of the Relaxation Seed Fund.


Beekeeper, a platform with performance in employee onboarding, collaboration and engagement, introduced a $50 million collection C funding spherical, bringing complete funding so far of greater than $100 million.

“This spherical of funding validates Beekeeper’s mission to sort out this disconnect and overcome the crippling established order it creates,” Beekeeper co-founder and CEO Cristian Grossmann mentioned.

New buyers comparable to EGS Beteiligungen and Kreos Capital joined the spherical alongside current buyers Energize, Thayer, SwissCanto, Eager Ventures, Alpana Ventures, Edenred Capital and Verve Capital.

The San Francisco-based firm has greater than 200 group members throughout the US and Europe.

Beekeeper additionally introduced a number of new hires: Kevin McKeown, chief income officer; Sarah Moore, chief advertising officer; Shawn Lim, VP of buyer success; and Craig Bumpus, board member.


Worker payroll software program agency CloudPay introduced a $50 million funding spherical with Runway Development Capital and The Olayan Group main the spherical.

“We consider that CloudPay is at an inflection level of their development that makes it a good time to speculate strategically,” mentioned Nicholas Briody, director of direct personal fairness, Americas, The Olayan Group. “They’re effectively positioned to capitalize on the wants of the fashionable office for payroll and funds providers.”

CloudPay is predicated in London.

Drive My Means

Drive My Means, a Cleveland-based trucker recruitment platform, introduced in a LinkedIn put up that it closed a $4.4 million Collection A funding spherical. Enterprise funding agency First Evaluation led the spherical, with participation from current buyers JumpStart Ventures and JobsOhio Development Capital Fund along with M7 Holdings.

“First Evaluation’ working sources and expertise working with main firms within the expertise/SaaS sector make them a really perfect associate,” mentioned Beth Potratz, president and CEO of Drive My Means.

“To compete on this expertise market, employers should pursue in-demand candidates extra like they’re shoppers and meet them the place they’re,” Potratz mentioned. “Truck drivers aren’t any exception.”

The corporate was based in 2014.


WorkTorch, a candidate discovery platform based mostly in Wichita, Kansas, introduced a $2.2 million seed spherical, bringing complete funding to greater than $4 million. The spherical was led by Tenzing Capital.

The corporate, which launched in April 2021, has a roster of greater than 40,000 service trade candidates in search of jobs. Its purchasers embrace Dunkin’ Donuts and Homewood Suites by Hilton. WorkTorch is led by Deborah Gladney and Angela Muhwezi-Corridor.

“WorkTorch is rising as a result of we empower either side of the employment spectrum — the profession seeker and the hiring firm,” Gladney mentioned. “We join service trade professionals to the careers they need in addition to present firm assist to make sure that their new staff really feel empowered and nurtured.”

The corporate lately rebranded to WorkTorch from QuickHire.

UpSmith Inc.

UpSmith Inc., a Dallas-based agency that gives a video-based recruitment software for builders, introduced a $3.3 million pre-seed funding spherical.

The spherical consists of investments from a16z and Uneven Capital Companions. Angel buyers Dennis Muilenburg, former Boeing CEO, and Thumbtack co-founder Sander Daniels additionally participated within the spherical.


Remotebase, which offers pre-vetted groups of builders that might be able to function inside 24 hours, introduced a $2.1 million funding spherical and the launch of a developer hiring software referred to as Talently.

The pre-series A spherical was co-led by Indus Valley Capital and Hustlefund Ventures.

Remotebase, based mostly in San Mateo, California, was based by Qasim Asad Salam and Talha Masood. It grew from simply 11 engineers to greater than 60,000 inside 2 ½ years.


Ping, a fee platform for freelancers, introduced a $15 million seed funding spherical. Ping was based in 2022 and permits digital funds globally for distant employees, contractors and freelancers. The corporate, which was initially targeted on fee challenges in Latin America, additionally permits employees to transform their cash into cryptocurrencies.

Freelancers are capable of bill expertise platforms by Ping.

‘’Ping is the right answer for freelancers to receives a commission and for gig financial system platforms like Braintrust,, Upwork to supply to their customers,’’ mentioned Pablo Orlando, co-founder and CEO. “We established a platform that finally helps democratize entry to higher-paid jobs because of distant work. Ping permits freelancers and contractors globally to see the potential for incomes in {dollars} and saving in an account within the USA as the very best doable dream.”

Buyers within the spherical embrace Y-Combinator, Race Capital, BlockTower, Danhua Capital, Signum Capital and Goat Capital.


Most Popular

Recent Comments