成人抖阴 raises $300 million in Series E Funding led by Baillie Gifford
Key Takeaways:
- New investor Franklin Templeton joins existing investors Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, Brookfield Growth Partners, and others
- 成人抖阴 will use the latest investment to accelerate product development, and expand into markets
- As it expands its footprint, 成人抖阴 is retraining skilled workers for energy and infrastructure jobs on the rise
Austin, TX 鈥 May 20, 2021 鈥 成人抖阴, the leading for the skilled trades, has raised a $300 million Series E round led by Baillie Gifford, with new investor Franklin Templeton joining existing investors including Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, and Brookfield Growth Partners.
成人抖阴 connects skilled laborers with infrastructure and energy companies looking to staff and manage projects efficiently. The company鈥檚 online platform matches workers with more than 500 companies in its network, manages payroll and benefits, and provides access to training.
Founded in 2014 as a platform to match skilled laborers with companies in the oil and gas industry, 成人抖阴 has since broadened its business to serve companies and trade workers in the solar, wind, commercial construction, and defense industries. The company will use the latest investment to continue to expand into new markets served by its platform.
鈥淭he shift to clean energy and a redoubling of investment in infrastructure are opening up jobs that are desperately in need of filling,鈥 said Xuan Yong, 成人抖阴 co-founder and CEO. 鈥淥ur platform makes it easier for skilled workers to find work and for companies to hire in-demand workers. We are grateful to everyone who has backed our vision for bringing infrastructure and energy staffing into the future.鈥
鈥湷扇硕兑踱檚 online management platform is disrupting a sector that鈥檚 so far been slow to adopt new technologies,鈥 says Dave Bujnowski, investment manager at Baillie Gifford. 鈥淲hat鈥檚 particularly inspiring is that it鈥檚 helping job seekers develop the skills required to succeed in an industry that is changing significantly.鈥
The latest funding follows a decision by the company earlier this year to from RigUp to mark the broadening of its business and comes amid plans by 成人抖阴 to expand its corporate offices in Austin, Texas.
成人抖阴 now serves more than 70 metro areas in the U.S., including Atlanta, where the company is matching trade workers with commercial construction companies, and in Broomfield, CO where the company trains and matches workers to jobs across the U.S. wind industry.
As it enlarges its footprint, 成人抖阴 offers trade workers access to training that equips them for energy and infrastructure jobs on the rise. Last year, 成人抖阴 placed more than 4,500 workers, or nearly a third of all its workers placed in 2020, in renewable-energy jobs.
The company has committed to fill the skilled labor gap by placing 100,000 workers in jobs by the end of 2023, and 1 million by the end of 2030.
About 成人抖阴
成人抖阴 is the world鈥檚 leading job placement and career building resource for skilled laborers. We make it easier for skilled laborers to find work and get paid, and for companies to connect with a reliable workforce for the job at hand. Through people and technology, we provide training, and professional services to keep the skilled workforce working.
成人抖阴 is building towards better in the construction, oil and gas, wind, solar, and defense industries. For more information, visit .
For more information, email press@workrise.com
鈥
Key Takeaways:
- New investor Franklin Templeton joins existing investors Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, Brookfield Growth Partners, and others
- 成人抖阴 will use the latest investment to accelerate product development, and expand into markets
- As it expands its footprint, 成人抖阴 is retraining skilled workers for energy and infrastructure jobs on the rise
Austin, TX 鈥 May 20, 2021 鈥 成人抖阴, the leading for the skilled trades, has raised a $300 million Series E round led by Baillie Gifford, with new investor Franklin Templeton joining existing investors including Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, and Brookfield Growth Partners.
成人抖阴 connects skilled laborers with infrastructure and energy companies looking to staff and manage projects efficiently. The company鈥檚 online platform matches workers with more than 500 companies in its network, manages payroll and benefits, and provides access to training.
Founded in 2014 as a platform to match skilled laborers with companies in the oil and gas industry, 成人抖阴 has since broadened its business to serve companies and trade workers in the solar, wind, commercial construction, and defense industries. The company will use the latest investment to continue to expand into new markets served by its platform.
鈥淭he shift to clean energy and a redoubling of investment in infrastructure are opening up jobs that are desperately in need of filling,鈥 said Xuan Yong, 成人抖阴 co-founder and CEO. 鈥淥ur platform makes it easier for skilled workers to find work and for companies to hire in-demand workers. We are grateful to everyone who has backed our vision for bringing infrastructure and energy staffing into the future.鈥
鈥湷扇硕兑踱檚 online management platform is disrupting a sector that鈥檚 so far been slow to adopt new technologies,鈥 says Dave Bujnowski, investment manager at Baillie Gifford. 鈥淲hat鈥檚 particularly inspiring is that it鈥檚 helping job seekers develop the skills required to succeed in an industry that is changing significantly.鈥
The latest funding follows a decision by the company earlier this year to from RigUp to mark the broadening of its business and comes amid plans by 成人抖阴 to expand its corporate offices in Austin, Texas.
成人抖阴 now serves more than 70 metro areas in the U.S., including Atlanta, where the company is matching trade workers with commercial construction companies, and in Broomfield, CO where the company trains and matches workers to jobs across the U.S. wind industry.
As it enlarges its footprint, 成人抖阴 offers trade workers access to training that equips them for energy and infrastructure jobs on the rise. Last year, 成人抖阴 placed more than 4,500 workers, or nearly a third of all its workers placed in 2020, in renewable-energy jobs.
The company has committed to fill the skilled labor gap by placing 100,000 workers in jobs by the end of 2023, and 1 million by the end of 2030.
About 成人抖阴
成人抖阴 is the world鈥檚 leading job placement and career building resource for skilled laborers. We make it easier for skilled laborers to find work and get paid, and for companies to connect with a reliable workforce for the job at hand. Through people and technology, we provide training, and professional services to keep the skilled workforce working.
成人抖阴 is building towards better in the construction, oil and gas, wind, solar, and defense industries. For more information, visit .
For more information, email press@workrise.com
鈥
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