Jobaline.com, a mobile marketplace for hourly jobs in the U.S., has completed a $7 million round of Series B funding to help accelerate the company’s national expansion.
The funding round was led by Trilogy Equity Partners. Madrona Venture Group, Rudy Gadre, and Founders Co-op also participated.
Jobaline.com was created to help mid- and large-size businesses in the hospitality, food, retail and construction industries find qualified hourly workers in a more time- and cost-efficient manner. Since launching in 2013 in the Bay Area, Miami and Seattle, Jobaline.com has processed more than 400,000 job applications.
Using candidate matching technology and automated phone pre-screening processes, businesses leveraging Jobaline.com have reduced hourly job advertising expenses by more than 60%, according to a company press release. Recruiters and hiring managers also have saved an average of two hours per hire while finding and pre-qualifying workers for hourly positions.
“We are very pleased with our progress and humbled by the incredible reception from both employers and workers,” said Luis J. Salazar, Co-Founder and CEO of Jobaline.com. “With our real-time mobile matching technology and our pay-per-results model where companies only pay when we find qualified workers that match their needs, we are helping to address the recruiting crisis that costs companies more than $300 billion in inefficiencies in the hourly jobs space while enabling job seekers to complete job applications from any computer, tablet, or phone, even via text messaging.”
