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Skillit Secures $8.5M In Additional Funding To Solve Today’s Skilled Labor Shortage For Leading Contractor Firms

Skillit Secures $8.5M In Additional Funding To Solve Today’s Skilled Labor Shortage For Leading Contractor Firms

07/20/23, 1:08 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$8.5 million
Industry
other
Investors
Kate Gundry, Skillit, Building Ventures, Bow Capital, Meta Prop
Skillit, the data-driven recruiting platform for skilled, full-time construction labor, today announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since announcing its seed round in January 2023 Skillit has been adopted by top ENR contractors that are using self-perform to better control project lifecycle and long-term profitability with in-house skilled workers. Skillit taxonomizes and assesses everything from skills and experience to professional goals and preferences in order to generate data-rich worker profiles that make it easy to identify, hire and retain the best talent. This data-driven approach has already resulted in materially more interview requests, offer acceptance rates that are 1.7x the industry average and retention rates that are nearly double

Company Info

Company
Skillit
Location
200 east 71st street
new york, new york, united states
Additional Info
We provide construction companies with the most efficient way to recruit and retain skilled labor. Skillit is the new way to hire skilled trades. Skillit makes recruiting and retaining permanent craft employees exponentially faster, smarter and cheaper.

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