Snagajob operates a marketplace that matches hourly workers with job opportunities, connecting over 6 million job seekers a month. The company partners with 24 of the top 25 employers of hourly work and thousands of small businesses. Its core product focuses on matchmaking between candidates and employers to fill shifts and hourly roles. Snagajob's stated mission is to give hourly workers flexibility and control over how, when, and where they work. The company plans to invest in next-generation technology to drive growth and capture market share. Financially, Runway Growth Capital provided a senior secured term loan that refinanced existing facilities and infused incremental capital to support scaling efforts. Snagajob is an online marketplace connecting hourly job seekers and employers across industries such as restaurant, retail, hospitality and healthcare. Founded in 2000 and led by CEO Peter Harrison, the Arlington, VA-based company reports over 65 million members and nearly 200,000 employers, including nearly half of the brands on the Fortune 1000 list. The platform now serves nearly a million job applications per week, with over half coming from mobile devices. Snagajob completed a $100M funding round led by Rho Acceleration with participation from NewSpring Capital and the Invus Group. As part of the transaction, Habib Kairouz of Rho Acceleration and Marc Lederman of NewSpring Capital will join the company's board of directors. The company said it will use the proceeds to expand product offerings and fund select acquisitions, and it is actively hiring. SnagAJob operates an online community and workforce-management platform for hourly workers. Founded in 2000, the company says its community has grown to nearly 28 million hourly workers, increasing by over a million every two months. SnagAJob reports a 1,185% revenue growth rate over the past seven years and a 400% website-traffic growth rate over the past five years. The company will use the Series C proceeds to expand its product portfolio, intensify marketing efforts, and increase the size of its sales team. Management expects total headcount to reach about 300 employees by the end of the year. The platform focuses on hiring and workforce-management solutions for hourly employers.

Total raised

$192M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jan 2022