Contacit

SoftwareSeries ANew York, USubeya.com

Latest round

Series A

Last raised

Jan 2020

Total raised

$4.8M

Investors

4

About Contacit

Founded in 2015 in New York, US, Contacit LTD operates a workforce management platform that addresses the needs of organizations with flexible staffing requirements. and Magma Venture Partners.Ubeya offers a comprehensive workforce management platform designed specifically for organizations that utilize hourly, temporary, or on-demand staff. This platform integrates essential functionalities such as scheduling, time tracking, payroll management, and compliance tools into a single interface. The core offering aims to streamline staffing operations, reduce administrative burdens, and enhance communication between managers and workers. By leveraging AI-powered algorithms, Ubeya optimizes shift planning and matches workers to jobs based on their skills, availability, and labor regulations. The platform serves a diverse client base across various industries, including staffing agencies, hospitality, healthcare, events, and logistics, with a focus on global markets such as North America and Europe.Ubeya generates revenue through a subscription-based model, primarily targeting businesses that require flexible workforce management solutions. Clients typically subscribe to the platform to access the suite of tools necessary for managing both internal teams and external workers. Pricing structures involve tiered plans that may vary based on the number of users and features utilized, enabling businesses to select options that best suit their operational needs. Revenue transactions occur as clients pay recurring fees for access to Ubeya’s functionalities, which include scheduling, payroll, and compliance management. Additionally, the company plans to expand into new geographic markets, with a focus on increasing its presence in North America and Europe by 2023.

Who invested in Contacit

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Jan 23, 2020

    Amount

    $3.5M

    Investors

    Locked

  2. Seed

    May 1, 2017

    Amount

    $1.3M

    Investors

    Locked

Questions about Contacit

Who invested in Contacit?

Contacit has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Contacit raised?

Contacit has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Contacit last raise money?

Contacit's most recent round on record is a Series A, in Jan 2020.

What does Contacit do?

Founded in 2015 in New York, US, Contacit LTD operates a workforce management platform that addresses the needs of organizations with flexible staffing requirements.

Where is Contacit headquartered?

Contacit is headquartered in New York, US.

Which VCs invest in companies like Contacit?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Contacit's stage. Their profiles are linked below.

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