October 27, 2023
Traba, a Miami-based market platform for gentle industrial staffing, introduced a $22 million funding spherical. The brand new spherical brings the entire funding on the firm to $43.6 million.
Founders Fund, a San Francisco-based enterprise capital agency, led the spherical, which additionally included current investor Khosla Ventures, a Menlo Park, California-based enterprise capital agency.
Traba plans to make use of the funds to speed up its enlargement into new areas and add extra product options to its market platform that connects gentle industrial companies searching for momentary staffing with staff who need to choose up shifts.
“Traba is poised for extraordinary success,” Keith Rabois, normal accomplice at Founders Fund, mentioned in a press launch. “The corporate has quadrupled their income over the previous yr and continues to be accelerating development each quarter. We virtually by no means see firms maintain this velocity of buyer adoption whereas concurrently increasing contribution margins.”
Based in 2021, Traba is backed by Founders Fund, Khosla Ventures and Normal Catalyst.