What is baconinc.com?
Baconinc.com operates a distinctive mobile platform designed to connect employers with job seekers for temporary positions. The service allows employers to specify job requirements, including necessary staff numbers, dress code, and compensation, thereby attracting suitable candidates efficiently. Based in Provo, Utah, the company aims to streamline the process of filling short-term labor needs, offering a flexible solution for both businesses and individuals seeking immediate work opportunities.
How much funding has baconinc.com raised?
baconinc.com has raised a total of $7M across 3 funding rounds:
Angel/Seed
$1M
Private Equity
$3M
Series A
$3M
Angel/Seed (2018): $1M with participation from Hall Labs
Private Equity (2019): $3M led by Hall Venture Partners
Series A (2021): $3M supported by Hall Venture Partners and Assure Syndicates
Key Investors in baconinc.com
Hall Venture Partners
Hall Venture Partners is a VC firm based in Provo, Utah, specializing in early growth technology companies. With a focus on patent-protected ventures and a proven track record of high multiple exits, they invest across various sectors including consumer goods and automotive technology.
Hall Labs
Hall Labs is an entity involved in the company's early-stage funding, indicating a focus on innovation and development within the company's technological framework.
Assure Syndicates
Assure Syndicates is an undisclosed investor that participated in the Series A funding round, contributing to the company's expansion and strategic objectives.
What's next for baconinc.com?
The recent major strategic investment signals a pivotal growth phase for Baconinc.com. This influx of capital is expected to fuel expansion initiatives, potentially including enhancements to the platform's functionality, broader market penetration, and increased operational capacity. The company's focus on agile employment solutions positions it to capitalize on the evolving gig economy, with strategic partnerships and technological advancements likely to be key drivers in its next phase of development and market leadership.
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