Orka Technology Group (Orka), a Manchester, UK-based SaaS business that provides tech-based solutions for shift workers and their employers, secured a £3 million investment from venture capital investor Praetura Ventures.
With this funding, Orka plans to speed up product development, expand its API integration program, and expand into other businesses, such as mechanical and electrical engineering.
It also intends to expand its data science and machine learning efforts to automate as many of the operations performed by employees and employers as possible, allowing for speedier and more frictionless procedures on both sides.
Company: Orka Technology Group Ltd.
Funding Month: March 2022
Lead Investors: Praetura Ventures
Company Website: https://orka.group/
Software Category: Work (Labor-as-a-Service) platform
About the Company: Founded by Tom Pickersgill, James Doyle, and Nick Groves in 2016, Orka provides a platform that enables workers to find temporary employment with large organizations; a flexible payment product that allows workers to access 50 percent of their wages as soon as they’ve earned them; and a soon-to-be-launched passport system that will eliminate the need for background assessments every time someone sources work through the system. Orka's products are used by over 60,000 employees, and it has become the go-to IT solution for shift workers during the previous four years. Orka presently works with over half of the UK's top 30 security organizations, including leading brands such as G4S, ISS, and Wilson James, and helps 6,000 employees find work across more than 2,000 sites nationally monthly.