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
Entrepreneur’s pitch: Throw a life vest to those caring for loved ones with special needs
Families of loved ones with disabilities are fighting the clock, said Samantha Lane, Kansas City-area entrepreneur and founder of Lumina Advocacy and Coaching in Gardner. “There is a huge gap to be filled,” Lane said as she described the array of physical, intellectual, and sensory needs affecting — what she referenced as one-fifth of the American…
DivvyHQ landed Novel’s first investment by avoiding hockey-stick growth, co-founder says
It was a marriage of the minds, said DivvyHQ co-founder Brody Dorland, describing his marketing tech firm’s recent investment from Novel Growth Partners. The company’s leadership — Dorland and co-founder Brock Stechman — is honored to be recipients of NGP’s first investment, Dorland said. But the pairing didn’t come by accident, he added. “I think they viewed…
In talent showdown with corporate neighbors, startups must hire smarter, say Digital Sandbox experts
Kansas City heavy-weights like Garmin and Cerner court developers at the student level, said Brody Dorland, discussing a talent showdown seen by startups across the metro. “How am I supposed to compete with that?” asked Dorland, co-founder of marketing tech firm DivvyHQ, during a recent Digital Sandbox: Summer in the Sand panel about growing startup…
KC Fed: Want to strengthen Kansas City’s job market? Narrow skills gap caused by digital division
Digital division in Kansas City is taking its toll on the local workforce, said Jeremy Hegle. More must be done to allow skilled workers access to technology — in turn offering them a chance to succeed in a rapidly growing electronic economy, added Hegle, Federal Reserve Bank of Kansas City senior community development advisor. In…