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Jombone Secures $1 Million in Funding

The funding aims to address the hiring needs of companies in the industrial sector and support Jombone's growth and expansion plans.

Ben Murray profile image
by Ben Murray
Jombone Secures $1 Million in Funding

Jombone, a Toronto, Canada-based startup that provides a digital staffing platform, has secured a $1 million investment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). 

The funding aims to address the hiring needs of companies in the industrial sector and support Jombone's growth and expansion plans.

With the backing of FedDev Ontario, Jombone plans to hire 26 highly skilled individuals at its Mississauga location. The startup also intends to accelerate the development of its staffing platform, specifically targeting industrial frontline workers, and adapt it to the United States market.

Jombone focuses on serving industries such as warehousing, manufacturing, supply chain, logistics, and e-commerce. The startup utilizes technologies like artificial intelligence, automation, and analytics, along with industry expertise from professional recruiters, to recruit, screen, and establish pools of candidates.

The company’s digital staffing platform aims to bridge the significant labor shortage faced by Canada's skilled trades sector. Jombone's platform not only offers hiring capabilities but also enables businesses to manage and pay workers through a single system.

Company: Jombone Inc. 

Raised: $1.0M

Round: Unknown 

Funding Month: June 2023

Lead Investors: FedDev Ontario

Additional Investors:

Company Website: https://www.jombone.com/

Software Category: Staffing and Human Capital Management Platform

About the Company: Founded in 2018 by Sumit Sahdev and Garima Sahdev, Jombone is a SaaS-based staffing and human capital management platform designed for the industrial sector's temporary, contingent, and on-demand workforce. The company taps local talent & provides solutions for Industrial Staffing including full-cycle recruitment, hiring, placements, payroll, HR administration, EOR & Reporting. By utilizing advanced hiring technology and community engagement, Jombone is on a mission to revolutionize the hiring & staffing industry, helping businesses improve retention, reduce human capital costs, and drive economic growth through reinvestment.

Source: https://betakit.com/jombone-secures-1-million-from-feddev-to-address-industrial-staffing-needs/

Ben Murray profile image
by Ben Murray

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