Chances are you know a delivery person, a rideshare driver, a babysitter or someone else whose work falls under the “gig economy” umbrella. It’s a rapidly expanding category of work, with more than a third of U.S.-based workers reporting participation in the gig economy to date.
As the gig economy grows, so does the need for tools that cater to the unique needs of these workers. And this week, Jobble raised $11 million in new funding to do just that.
Jobble secured the funding from lead investors AXA Venture Partners and Vestigo Ventures. Guardian Strategic Ventures and Harlem Capital Partners also joined the round, which builds on several seed rounds, and brings Jobble’s funding total to more than $12.5 million.
According to a company spokesperson, Jobble plans to use its latest funding to expand operations both internally and externally. In terms of hiring, the representative said, the company will be “focusing on our tech stack, sales, and marketing teams in order to deliver better services and innovative platform solutions.”
In addition, they said, “Jobble plans expand our national footprint, with potential to expand internationally.”
Based in Boston, Jobble connects gig workers and talent seekers via a marketplace-style platform. Those looking for work can use Jobble to find their next work opportunity, while companies and recruiters can seek the right talent to fill their current needs.
The gig economy is revolutionizing the way people work, and with this rise in flexible work comes the need for an equally flexible hiring platform.”
Corey Bober and Zack Smith founded Jobble back in 2016, and say their company has helped fill roles in more than 1,600 cities across all 50 states.
“The gig economy is revolutionizing the way people work, and with this rise in flexible work comes the need for an equally flexible hiring platform,” said Smith, who serves as the company’s CEO, in a statement.
Investors certainly agree:
“Worksite management is a core area of investment for Vestigo, especially as more Americans forego traditional careers in favor of gigs,” explained Vestigo Managing Partner Michael Nugent in a statement. “Once we saw evidence of Jobble’s incredible growth, we knew this would be a cornerstone investment for our efforts in worksite management.”
Ultimately, Jobble’s goal is to become a one-stop-shop for everyone who works on demand.
“Jobble provides an all-in-one solution for the gig economist,” Jobble’s Director of Growth, Matt Pozner told Built In. “We allow gig economists to easily apply, get hired, work and receive payment all in one place. Jobble provides opportunities to our users to earn supplemental income on an on-demand basis.”
