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FactoryFix

222 West Merchandise Mart Plaza, Chicago, IL, 60654, United States

Overview

FactoryFix is a recruiting platform that helps manufacturers find and hire qualified workers. The company reported revenue growth of over 400% in the past year and has expanded its talent network to more than 300,000. CEO Patrick O'Rahilly said many manufacturers have turned down business because they lacked qualified people, underscoring demand for the service. FactoryFix also produces an off-beat, The Office-style YouTube comedy series. The newsletter notes the company is actively hiring (four open positions) while scaling its network and offerings. FactoryFix operates a web-based platform that matches manufacturers with skilled laborers such as electricians, machinists, robot programmers, and welders. The company handles payroll and paperwork and generates revenue by charging commissions on the hourly wages of placed workers. About 350 manufacturing companies and 1,200 skilled workers have signed up for the service. FactoryFix recently relocated its headquarters from Chicago to Madison, WI while maintaining a Chicago sales office. The startup plans to hire additional engineers, a UI designer, and a marketing lead with a goal to double headcount to 26 employees within a year. Near-term product plans include releasing a mobile version of the platform, and the company is targeting $4 million in sales in 2019.

Total raised
$12M
Funding rounds
3
Latest round
Series A
Latest activity
Jan 2022

Industries

  • Industrial Automation
  • Manufacturing
  • Marketplace
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Recent funding

  1. Series A

    Jan 2022

    $10M

  2. Equity

    Dec 2018

    $1M

Team