September 20, 2022
Employer Provider of Record Atlas has announced a Series B funding round of up to $200 million. Joonko, Ashby, and Gig and Take and Reejig also announced funding rounds this month.
Atlas, a Chicago-based global provider of referral employers, announced that Sixth Street Growth, a San Francisco-based investment firm, will make a Series B investment of up to $200 million.
“This new investment from Sixth Street will allow us to continue to meet the needs of our customers, providing the most streamlined and innovative ways to expand into new markets, onboard talent, manage the risk of -compliance and pay internationally,” said Rick Hammell. , founder and CEO of Atlas.
As part of the investment, Sixth Street chief executive Nari Ansari will join Atlas’ board of directors.
Joonko, a recruiting platform, announced a $25 million Series B funding round led by Insight Partners.
TechCrunch reported that Joonko pulls “silver medalist” candidates from recruiting systems and then makes them available for recruiting at other companies. It also aims to help companies find employees who are women, people of color and veterans.
The company has a presence in New York and Tel Aviv, Israel.
Ashby, a recruitment platform, announced a $21.5 million Series B funding round led by venture capital firm F-Prime Capital. The cycle will be used to grow Ashby’s operations, engineering and go-to-market teams.
The company’s product integrates candidate search and outreach, automated scheduling and customizable reporting.
San Francisco-based Ashby said it was founded with a mission to redefine the category of applicant tracking systems.
Concert and take
Gig and Take, a startup that manages flexible workforces for factories and warehouses, announced $1.5 million in pre-seed funding.
The round was led by Schematic Ventures with participation from Motivate Ventures and SHRM Labs.
Gig and Take, based in Mechanicsburg, Pennsylvania, was founded in 2021 by Rahil Siddiqui, Gnan Vrath and Waheed Syed.
“What most manufacturers lack is flexibility,” said Siddiqui, who is CEO. “Our goal is to replace rigid employment practices with flexible work hours so that a new, diverse workforce is attracted to these traditional jobs.”
Reejig, which describes itself as a workforce intelligence platform, announced an investment from Salesforce Ventures this month.
The company has raised over $38 million since launching in 2019.
Reejic creates competency profiles from companies’ current employees as well as other members of their ecosystem, such as previous applicants and contingent workers. It aims to provide companies with visibility on the skills within their organization.
He is based in San Francisco.