Local firm JobShakers scores Mid-America Angel dollars
May 5, 2016 | Bobby Burch
JobShakers, a tech startup offering employee referral software, recently raised local capital to fuel its development and sales channels.
The Shawnee Mission-based company announced Thursday that it closed on a $265,000 seed investment from the Mid-America Angels Investment Network. The new injection of funds brings JobShakers’ total amount raised to $465,000.
“Having completed several months of beta testing with major Kansas City employers, our system is positioned for market rollout,” JobShakers CEO Kevin Fryer said in a release. “With this funding, we will expand our customer support capacity and our sales team.”
The company created an iOS and Android app that allows friends, families and colleagues to make referrals directly from their smartphones using their contact lists. The platform presents job postings alongside a user’s contact list, enabling quick referrals via a “drag-and-drop” method.
Founded in 2014, JobShakers is now pushing its product throughout the Midwest. The company targets referrals for skilled hourly workers, which represents nearly 60 percent of the U.S. workforce, Fryer said. Employers pay for the software is based on a per-referred-candidate-hired basis.
Fryer is also managing partner of SparkLabKC, a Kansas City business accelerator whose future is now uncertain as it looks for new management.
George Hansen, executive director of the Mid-America Angels Investment Network, said that his organization is thrilled to be among the first Kansas City investors to back JobShakers. Hansen added that the startup’s management team was another selling point when eyeing an investment.
“When making the decision to invest in an early-stage company, a balanced and experienced management team is often among our most important criteria,” Hansen said in a release. “The diversity and depth of experience on the JobShakers team was impressive and a key factor in our decision to invest in the success and growth of this business.”
MAA is an angel investor network focused startups in the Kansas and Missouri region. Since 2006, the firm has made 70 investments totaling over $18 million.
Featured Business
2016 Startups to Watch
stats here
Related Posts on Startland News
SnapIT scores lucrative government contract with $50B ceiling in emerging tech space
An Overland Park IT firm’s selection to deliver technology solutions to federal agencies is the latest evolution of the Johnson County business, which has seen rapid growth over the past three years as it expanded its focus. SnapIT Solutions, a high-tech services and tech training firm headquartered in Johnson County, was tapped for the second…
Just another day in Paradise (EDU): Urban nursery turns soil to nurture STEAM students
When learners dig into the Paradise Garden Club STEAM program, they unearth non-traditional learning opportunities in a classroom cased in chlorophyll. “It starts on a very base level — using your hands to work with raw soil,” said Jessica Teliczan, owner and operator of Crossroads-planted Paradise Garden Club, teasing the newly launched effort — formally branded…
Tech meets Amish craftsmanship for a ‘matchless’ DIY home experience dealt by this KC engineer
From Kansas City-coded Stackify to his dream job at Microsoft, working in tech is a labor of love for Jason Taylor. But it couldn’t keep him from hanging a side hustle. “I’ve always been a do-it-yourself project type of person,” Taylor said, noting numerous remodeling projects he and his wife, Lindsay, have taken on over…
It’s a ‘movement, not just a moment’; H&R Block audits impact of Black excellence, businesses
Reading is among the best way to learn about Black history, said Willa Robinson, the founder and owner of Willa’s Books & Vinyl. “I’m grateful to be able to educate people about what’s going on in the Black community through books. There’s so much history on what we have experienced, what we have accomplished,” said…