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  • This Niche Job Market Just Got $60 Million in Funding!
    By on February 5, 2019 | Comments Off on This Niche Job Market Just Got $60 Million in Funding!  Comments

    Wow. A company called RigUp which operates a mobile/web platform that connects energy industry professionals to employers in the oil and gas field just raised $60 million in new funding. That has got to be a record for a niche job board. RigUp is an example of the next generation of job boards that are making headlines and getting VC’s hyped.

  • Another Freelance Job Market Set to Enter U.S.
    By on November 20, 2018 | Comments Off on Another Freelance Job Market Set to Enter U.S.  Comments

    WorkGenius, an AI-based freelancing platform that enables enterprise clients to staff projects around the globe, has just extended its series A funding to a total of $10M. The company is set to enter the U.S. freelance market joining the ranks of Upwork which just went public.

    The additional funding will be used to grow the US presence and develop the product further. WorkGenius predominantly serves eCommerce, Media & Publishing, as well as high growth technology companies.

    The team counts 55 people and is set to grow to 100 by the end of 2019. It was founded in Hamburg, Germany.

    Freelance job sites are a hot commodity these days because of the widespread growth of the industry. It will be interesting to see how fast these new players can gain traction in the market with several such sites now in existence.

  • Shaq Has a Job Board (sort of)
    By on September 12, 2018 | Comments Off on Shaq Has a Job Board (sort of)  Comments

    Last week it was announced that NBA star Shaquille O’Neal has invested in an Atlanta jobs app called ‘Steady’. The company just raised $9 million from investors including Shaq who will also be an ambassador to the company. 

    It’s more like a way to make extra money rather than a traditional job site. They see it as an income building platform. Either way it is the latest entry into the gig/job app market.

    Full-time jobs are giving way to more flexible arrangements—shift work, part-time contracts, gigs, and an endless combination of these—that create income uncertainty; retirement resources aren’t cutting it for millions of Americans; and the resulting income mix throws people’s relationship to banks and financial products out of balance.  Steady starts by helping BYO workers easily find and apply to income-building opportunities that match their availability, abilities, and interests. Whether augmenting retirement savings, working around childcare responsibilities, leveraging gig opportunities, or supplementing insufficient income from a primary employer, Steady helps people earn more.

    We are in the infancy stages of all these apps but I just like the fact I get to write about Shaq taking part in our industry. There is so much interest in using technology to help people find work or make more money it is attracting celebrities and helping create innovation in talent acquisition. It will be fun and interesting to watch this market grow.

    Read their press release.