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
Defiant anti-gentrification voice: Clock is ticking on east side neighborhoods, Movement KC
Daniel Edwards isn’t shy about his frustrations with the perception of Kansas City’s east side. “I remember my first corporate lunch after graduating college: the joke was, ‘Nobody wants to go near 35th and Prospect at night time,’” said Edwards, a Kansas City area developer and the founder of Movement KC. “I was like, ‘Yo, it’s…
Fried gator to chicken alfredo: Flavors driving KC Cajun to entrepreneur’s next phase
Kansas City businesses should utilize every resource at their disposal to build stronger brands, said Israel England, owner and operator of KC Cajun. “I’m branching out,” England said with confidence as he detailed his coming venture — adapting his KC Cajun catering service into a food truck. “There is so much more room to improve,…
LaunchKC finalists revealed: Kansas City newsmakers and startup stars in the making
A dozen Kansas City tech entrepreneurs are set to compete next month against a mix of firms from across the country — and one startup from Israel — in arguably the city’s most elite and hotly anticipated pitch event of the year. LaunchKC announced its 20 finalists Tuesday — each vying for their piece of…
‘Buddha was a Baller’ seeks to awaken success without overthinking, Mindsport founder says
Buddha had the mind of an athlete, said Ryan Stock. The spiritual sage on whose teachings Buddhism was founded inspired Stock, creator of the MindSport app and a former basketball coach, to put his own thoughts to paper. His book, “Buddha was a Baller,” is set for release Oct. 28, the Kansas City entrepreneur said.…