How Much Did GigSmart Raise?
Funding & Key Investors

GigSmart has secured $350K in total capital, with a recent strategic investment of $350K announced on May 1, 2020. This significant financing round underscores the company's established position in the evolving labor market and its capacity for continued expansion. The nature of this latest capital infusion, described as a major strategic investment, suggests a focus on accelerating growth initiatives and solidifying market share within the competitive staffing sector.

What is GigSmart?

GigSmart
Business ServicesHuman Resources Management Systems (HRMS)

GigSmart operates as a modern staffing solutions provider, leveraging its proprietary app-based platform to bridge the gap between businesses and individuals seeking labor. The company's offerings, accessible through the Get Workers and Get Gigs applications, cater to a diverse range of industries including construction, manufacturing, food service, transportation, and professional services. By facilitating connections across all 50 states, GigSmart addresses the dynamic needs of a rapidly changing economy, providing on-demand labor solutions for both residential and commercial clients.

How much funding has GigSmart raised?

GigSmart has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for GigSmart?

With the recent strategic investment and substantial total funding, GigSmart is poised for accelerated growth and market penetration. The company's late-stage funding context indicates a strategic focus on scaling operations, potentially through expanding its service offerings, enhancing its technological infrastructure, or pursuing strategic acquisitions. This capital infusion is expected to bolster GigSmart's ability to meet the increasing demand for flexible and on-demand labor, further solidifying its role as a key player in the gig economy and staffing industry.

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Frequently Asked Questions Regarding GigSmart Financial Insights

What are the most recent funding rounds that GigSmart has completed, and what were the funding rounds?
GigSmart has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding GigSmart has raised to date?
GigSmart has raised a total of $350K in funding to date.
How many funding rounds has GigSmart completed?
GigSmart has completed 1 funding rounds.
How much funding did GigSmart raise in its most recent funding round?
GigSmart raised $350K in its most recent funding round.
Who are the lead investors in GigSmart's latest funding round?
The lead investor in GigSmart's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in GigSmart's history?
The largest funding round in GigSmart's history was $350K.
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