Steady secures $15 million in funding

Steady
Steady

The platform that focuses on matching jobs with workers seeing income opportunities, Steady has announced that the company has secured $15 million in a Series B funding round for helping displaced workers find job opportunities. The hrtech news community has highlighted the efforts and innovations of hrtech companies to back the workers during these unprecedented times in whatever way possible.

This firm is based on the foundation of aiding low to moderate-income workers seek and identify ways in which they make more money. For this reason, the firm acquired data and then analyzed it for determining the ways in which workers can earn income and then combine that information with the experience, geography, and skills of the workers for plugging gaps in income and ways to better spend their time. Let’s say for instance if an individual is currently getting paid $11 per hour for working at a Store, the platform of the firm will pinpoint if another store that is just across the street has a vacancy for a role requiring similar tasks to be performed, but the payment is more.

With the pandemic taking a toll on the job market, Steady decided to take a step back and reassess.

Adam Roseman, the CEO at Steady stated that talking about present times, people do not have money and the goal of the company is to give workers a fighting chance to seek work and jobs by directing these workers towards job opportunities where the probability of them getting recruited is the highest.

A major portion of this fresh investment will be put into the data architecture of the firm, and the remainder will be utilized for addressing other issues and challenges related to not having a job.

To know more about such hrtech news and updates, follow the hrtech cube. Hrtech cube delivers relevant content in various forms addressing the daily happening within and surrounding the hrtech industry.



ABOUT THE AUTHOR

Aashish Yadav
Content Writer, Martech Cube
Aashish is currently a Content writer at Martech Cube. He is an enthusiastic and avid writer. His key region of interests include covering different aspects of technology and mixing them up with layman ideologies to pan out an interesting take. His main area of interests range from medical journals to marketing arena.

LEAVE A REPLY

Please enter your comment!
Please enter your name here