(PEHub) Assured Labor, a mobile recruitment company for Latin America, has raised US$6.75m in funding. Capital Indigo led the round with participation from Mexico Ventures, Thayer Ventures and Promotora Social México.
Assured Labor (www.assuredlabor.com), Latin America’s leader in technology enabled labor force recruitment, announced today that the company has closed a $6.75 million funding round led by existing investor, Capital Indigo, with participation from Mexico Ventures, Thayer Ventures and Promotora Social México. The company also announced that is now working with 50,000 employers and 2 million job seekers through its brands TrabalhoJá (www.TrabalhoJa.com.br) in Brazil and EmpleoListo (www.EmpeloListo.com.mx) in Mexico.
“We’re proud to be working with some of the largest and most innovative employers in Latin America, including: Ambev, Oí, CSN, Atento, Teleperformance, Sears and Inbursa,” said David Reich, Assured Labor’s Founder and CEO. “In the past year we’ve doubled our candidate database and grown our sales by over 8 times year-on-year. This new funding round will enable us to scale up our technology, sales, marketing and delivery teams, to keep up with demand as our business continues to accelerates.”
Assured Labor’s digital recruitment platform enables low-to-mid-wage job seekers to connect with the best jobs available in their area using whatever technology they have access to: Web, text-message, Voice User Interface or App.
“75 percent to 85 percent of job seekers in emerging markets are not yet finding their jobs online,” said Bernardo Paasche, Managing Director of Capital Indigo. “Assured Labor’s technology platform was built from the ground up to serve low-wage job seekers and the companies that depend on them to power their businesses. We’re glad to be part of this prestigious investor group working with Assured Labor as they take the business to the next Assured Labor’s focus on low-to-mid wage positions, and proprietary matching technology, provide employers with a high quality applicants at scale. Assured Labor customers reduce recruitment costs and increase efficiency when hiring for their high volume, high turnover positions.