Assured Labor

ASSURED LABOR CLOSES $6.75 MILLION FUNDING ROUND

 

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Now working with 50,000 employers and 2 million job seekers through its brands TrabalhoJá in Brazil and EmpleoListo in Mexico

NEW YORK – April 17, 2015 – Assured Labor (www.assuredlabor.com), Latin America’s leader in technology enabled labor force recruitment, announced today that the company has closed a $6.75 million funding round led by existing investor, Capital Indigo, with participation from Mexico Ventures, Thayer Ventures and Promotora Social México. The company also announced that is now working with 50,000 employers and 2 million job seekers through its brands TrabalhoJá (www.TrabalhoJa.com.br) in Brazil and EmpleoListo (www.EmpeloListo.com.mx) in Mexico.

“We’re proud to be working with some of the largest and most innovative employers in Latin America, including: Ambev, Oí, CSN, Atento, Teleperformance, Sears and Inbursa,” said David Reich, Assured Labor’s Founder and CEO. “In the past year we’ve doubled our candidate database and grown our sales by over eight times year-on-year. This new funding round will enable us to scale up our technology, sales, marketing and delivery teams, to keep up with demand as our business continues to accelerate.”

Assured Labor’s digital recruitment platform enables low-to-mid-wage job seekers to connect with the best jobs available in their area using whatever technology they have access to: Web, text-message, Voice User Interface or App.

“75 percent to 85 percent of job seekers in emerging markets are not yet finding their jobs online,” said Bernardo Paasche, Managing Director of Capital Indigo. “Assured Labor’s technology platform was built from the ground up to serve low-wage job seekers and the companies that depend on them to power their businesses. We’re glad to be part of this prestigious investor group working with Assured Labor as they take the business to the next level.”

Assured Labor’s focus on low-to-mid wage positions, and proprietary matching technology, provide employers with high quality applicants at scale. Assured Labor customers reduce recruitment costs and increase efficiency when hiring for their high volume, high turnover positions.

About Assured Labor

Assured Labor is Latin America’s leader in technology enabled labor force recruitment. The service leverages the power of mobile phones and the Internet to rapidly connect employers with the best mid-to-low wage candidates in their area. Founded at MIT, Assured Labor’s disruptive platform is optimized for the realities of the emerging markets where three of four Internet users access the Web sporadically but nearly everyone has a cell phone. The company’s Latin American brands, EmpleoListo & TrabalhoJá, are the largest labor force recruitment platforms in their countries. For more information please visit www.assuredlabor.com, www.EmpleoListo.com.mx and www.TrabalhoJa.com.br.

For Assured Labor media inquiries, please call (888) 274-2561 or email [email protected].

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