What is Structural?
Founded in 2017, Structural operates as a B2B platform designed to connect individuals with the appropriate skill sets, offering a date-filled program to facilitate this matching process. The company's focus on skill-based connections within the marketplace sector positions it to address evolving workforce demands. Its operations are based in Minnesota, contributing to the regional tech ecosystem.
How much funding has Structural raised?
Structural has raised a total of $4.8M across 3 funding rounds:
Other Financing Round
$2.5M
Debt
$350K
Unspecified
$2M
Other Financing Round (2018): $2.5M with participation from Rise of the Rest Seed Fund, Matchstick Ventures, High Alpha, Great North Labs venture fund, and The Syndicate Fund
Debt (2020): $350K led by PPP
Unspecified (2021): $2M supported by Augeo Affinity Marketing Inc and Rise of the Rest
Key Investors in Structural
Matchstick Ventures
Matchstick Ventures is an early-stage venture fund focused on investing in diverse founders and innovative ideas in the North and Rockies. They provide capital, time, and resources to ambitious entrepreneurs at the pre-seed and seed stages, acting as a catalyst for their success.
High Alpha
High Alpha is a venture firm that creates and funds B2B SaaS companies, partnering with founders to build businesses that reach their full potential. They invest in enterprise software companies and co-create with founders to explore, build, and scale together.
Great North Labs venture fund
Great North Ventures is a venture capital fund and studio that invests in early stage, capital-efficient tech startups utilizing breakthrough technologies. The firm focuses on sectors such as digital transformation through AI, addressing labor challenges, and developing community-driven applications.
What's next for Structural?
The recent major strategic investment signals a pivotal phase for Structural, likely indicating a move towards scaling operations and enhancing its platform capabilities. This influx of capital, following previous rounds, suggests investor confidence in Structural's business model and its potential for significant market impact. The company is poised to leverage this financing to expand its reach, refine its service offerings, and potentially explore new market segments within the B2B skill-set connection landscape.
See full Structural company page
