Bacon, a Provo, Utah-based on-demand workforce app provider, raised $8m in Series A-1 funding.
The new investors included Grayhawk Capital in Phoenix, 2.0 Ventures in Salt Lake City, and Elevate Capital in Portland. They are joining follow-on investors, Hall Venture Partners in Provo, Utah, and Assure Syndicates, in Salt Lake City.
The company intends to use the funds to hire key team members and expand to 40 more markets in the next 18-24 months.
Led by Hunter Sebresos, founder and CEO, Bacon lets companies with variable temporary staff requirements select, screen and hire qualified workers. Likewise, the free app allows workers to find and select hourly shifts to fit their own schedule and lifestyle.
The company has provided more than 240,000 shift work opportunities to more than 165,000 workers and 650 companies in Arizona, Florida, Georgia, Idaho, Illinois, Michigan, Minnesota, Nevada, Virginia, Tennessee, Texas, Utah, Wisconsin and Washington, D.C.
FinSMEs
04/08/2022