The gig economy has upended the traditional job market. So much so that a Gallup poll showed that 36 percent of all U.S. workers were part of the gig economy.
It should come as no surprise then that Boston-based Jobble, a startup that runs a platform for on-demand workers raised $11 million to expand the platform. The round was led by Vestigo Ventures and AXA Venture Partners with participation from Guardian Strategic Ventures and Harlem Capital Partners.
Founded in 2015 by Zack Smith and Corey Bober, the startup claims to have connected workers to flexible gigs to fill jobs in more than 1,600 cities in the U.S. The startup will use the proceeds from the round to expand its development team and build out sales and marketing efforts to grow nationally, with the potential to expand internationally.
"In addition to helping scale our sales and engineering teams, our partnership with Vestigo and AXA Venture Partners provides us with valuable data and the domain expertise of the fintech and insurance space to more rapidly and effectively execute our vision," Jobble CEO Zack Smith said in a statement.