PAIRIN, a Denver, CO-based workforce journey company, announced that it closed $2.1 million in Series B and, separately, a $2M line of credit.
Sixteen existing investors supported the Series B round, including JFFLabs, Juvo Ventures, New Markets Venture Partners, and Potencia Ventures.
The funding will support PAIRIN's growth plans by adding software engineers as well as sales and marketing experts to its team, which now supports government organizations that are serving tens of millions of people across seven states. T
"As the nation suffers increasingly high prices, job losses and the lingering effects of a pandemic, the need for connecting those most seriously impacted to the relevant services, programs and jobs that can help them along their journey has never been greater," said Michael Simpson, CEO of PAIRIN. "We are incredibly grateful to our investors for their continued support, so we can continue to build a team of experts who share our passion for helping workforce and government agencies and the tens of millions of people they serve. With an expanded team, PAIRIN will pursue a more aggressive growth strategy, taking learnings and knowledge from our successes in California, Colorado, Virginia, Florida and Washington D.C. to strengthen our work and expand to other states."
PAIRIN's My Journey platform changes the way workforce and education programs connect to foster a seamless, rewarding, and relevant journey for students and career-seeking professionals.
My Journey, with its no-code workflows, beneficiary records integration, customizable case management, and one-click reporting, is the most configurable case management platform in existence. It simplifies decision-making for beneficiaries, professionals, and policymakers, and improves communication for the benefit of students and career-seeking professionals.
PAIRIN has seen significant growth in recent years, winning large projects for the states of Florida, Virginia, and Colorado.
Company: PAIRIN, Inc.
Raised: $2.1M
Round: Series B
Funding Month: February 2023
Lead Investors:
Additional Investors: JFFLabs, Juvo Ventures, New Markets Venture Partners, and Potencia Ventures
Company Website: https://www.pairin.com./
Software Category: Workforce Solutions
About the Company: Founded in 2012, PAIRIN is a social impact technology company that is revolutionizing the way the workforce and education intersect to foster a seamless, rewarding, and relevant journey for students and career-seeking professionals. PAIRIN's science-based My Journey platform enables workforce programs, government, and educational organizations to more effectively deliver training, career guidance, skills development, and tailored community services through one easy-to-implement and simple-to-understand data integration and no-code workflow solution. PAIRIN is based in Denver, Colorado, and serves states, education, and workforce programs across the nation.
Source: https://www.newswire.com/news/pairin-closes-2-1-million-series-b-funding-and-a-2m-line-of-credit-to-21943789