Laborjack, an on-demand moving, landscaping and staffing business, today announced the launch of the newest version of its platform. This enables the company to expand its concept, which connects a variable workforce to individuals and businesses via an online platform, to cities across the nation.
Specializing in matching laborers to both individuals and businesses in markets across Colorado and Arizona, Laborjack was founded in 2016 by Colorado State University college students as a way to improve the U.S.’s $430 billion temporary labor market. Laborjack offers college students the opportunity to earn income (an average of $21/hour) while maintaining a flexible schedule. Since its launch, the company has completed more than 5,000 jobs and surpassed its original productivity goals for both revenue growth and number of customers by 35%.
“We saw a need in the market and started out small but were surprised by how quickly Laborjack has grown into a full-time operation. The B2B side of the business is responsible for much of our growth, as we realized that we can not only grow Laborjack but help others scale in a way that makes financial sense for them,” said Blake Craig, co-founder of Laborjack. “Just like Uber, users request labor for their specific task online, and we connect them with a vetted, professional and friendly team to get their job done.”
Laborjack’s unique business model allows the company to create massive growth opportunities for B2B customers by providing employees on an as-needed basis. Laborjack is most popular among customers in the agriculture, construction, event planning, landscaping, moving, real estate/home staging and trade show verticals.
“Laborjack has been a game-changer for my business, which relies on having solid help available, oftentimes without much notice,” said L. Kent Cottle, owner and executive chef at Z Catering and Events. “My company plans and holds events of many different sizes. It’s a challenge to know how much staff I need at each event, and I rely on Laborjack to provide the help I need. With Laborjack, I get reliable assistance at my events when I need it, every time.”
Laborjack operates in the gig economy space, a labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs. Recent reports show that more than one-third of the U.S. population is now involved in the gig economy and that more than 50% of the U.S. workforce will participate in it by 2027.
“Good help is hard to find, and Laborjack simplifies the process of hiring reliable workers,” said Josh Moser, co-founder of Laborjack. “We connect our customers with vetted, capable workers through a seamless online process. You provide the supplies for your task, and we provide the able bodies to get your task done. The gig economy is truly an incredible thing!”
Having recently won multiple pitch competitions, Laborjack is gaining traction in markets across Colorado and Arizona. Laborjack is already heavily involved in community outreach programs in Colorado, including Realities For Children.
Despite the economic environment in the U.S. in 2020, Laborjack is cash flow positive, and the company is currently preparing for its first investment opportunity at the end of the year. For more information, visit www.laborjack.com.