How Much Did Labor Works Raise?
Funding & Key Investors

Labor Works, a prominent industrial staffing firm, has secured significant capital, with its total funding reaching $2M. The company recently announced a major strategic investment of $2M, underscoring its robust growth trajectory and market position. This latest financing round is indicative of a company in a scaling phase, poised for further expansion within the competitive labor solutions sector.

What is Labor Works?

Labor Works
Business ServicesHuman Resources Management Systems (HRMS)

Headquartered in Louisville, Kentucky, LaborWorks has been a key player in the industrial staffing landscape since its inception in 1998. The company specializes in connecting businesses with thoroughly vetted workers across diverse light industrial sectors, including warehousing, manufacturing, logistics, construction, and hospitality. LaborWorks offers a comprehensive suite of staffing solutions, ranging from temporary and temporary-to-permanent placements to contingent labor and direct-hire services. This approach allows employers to efficiently acquire qualified personnel without the typical delays associated with traditional hiring processes. With a strategic footprint of 14 offices spanning five states in the western United States—Washington, Oregon, Nevada, Colorado, and Texas—LaborWorks demonstrates a substantial regional presence and operational capacity. The company leverages a proprietary e-Time and Attendance application to enhance workforce management, ensuring real-time tracking, compliance, and streamlined employee scheduling.

How much funding has Labor Works raised?

Labor Works has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for Labor Works?

The recent major strategic investment signals a pivotal moment for Labor Works, likely enabling accelerated expansion of its operational footprint and service offerings. This capital infusion is expected to bolster its proprietary technology, potentially enhancing its e-Time and Attendance application and further optimizing its staffing solutions. Strategic growth initiatives may include expanding into new geographic markets or deepening penetration within existing ones. Furthermore, the company may focus on enhancing its recruitment and screening processes to attract and retain a higher caliber of industrial talent, solidifying its competitive advantage in the enterprise-level staffing market.

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Frequently Asked Questions Regarding Labor Works Financial Insights

What are the most recent funding rounds that Labor Works has completed, and what were the funding rounds?
Labor Works has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Labor Works has raised to date?
Labor Works has raised a total of $2M in funding to date.
How many funding rounds has Labor Works completed?
Labor Works has completed 1 funding rounds.
How much funding did Labor Works raise in its most recent funding round?
Labor Works raised $2M in its most recent funding round.
Who are the lead investors in Labor Works's latest funding round?
The lead investor in Labor Works'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 Labor Works's history?
The largest funding round in Labor Works's history was $2M.
See more information about Labor Works