A growing Birmingham-based technology company has secured a sizable funding raise.
GoodJob has received $5.75 million from an undisclosed family in Alabama and plans to use it to fuel its next stage of growth initiatives.
“In 2021, the Great Resignation and the massive restructuring of the labor market led to unprecedented growth for GoodJob," said GoodJob CEO Stephen D. Johnston. "We brought on our largest partners and clients to date. In 2022, we’ll see the great migration of workers to states with a lower cost of living and to careers where they can work remotely and earn more money. GoodJob will be there to match these candidates with jobs where they’re wired for success.”
The local tech company, which recently won the Alabama Inno Madness competition, provides a platform that evaluates an employee's work traits and an employer's culture and makes matches to find candidates most successful for a job.
“GoodJob is harnessing the powers of math and science to create better outcomes for people and companies,” Johnston said. “We’ve found these tools to be invaluable for two key groups: chief human resources officers and state workforce development boards — both of whom have been tasked with Herculean goals related to hiring and retention.”
The company officially launched its product about a year ago following a soft launch during which the company made changes based on customer feedback.
This isn't the first large funding raise for the company. In 2021, GoodJob raised $3 million in funding. The investment was used to fuel its marketing and sales efforts in major markets across the country. The investment came on the heels of a 2020 acquisition of Fetch Talent LLC.
Johnston recently told the BBJ GoodJob has the Southeast targeted for growth in the next year, but other parts of the country are on the horizon.
“We hope to grow with our customers where they have needs and expand with them, but we’re entering what I call a growth phase of the business, where it’s just about a market expansion and moving into new markets and being very strategic and focused about how to be successful in these markets,” he previously said.
