Qwick

Consumer ServicesSeries BScottsdale, USqwick.com

Latest round

Series B

Last raised

Nov 2022

Total raised

$55M

Investors

8

About Qwick

Qwick, Inc.Founded in 2017 and headquartered in Scottsdale, US, Qwick, Inc. operates as a hospitality staffing platform, facilitating connections between local businesses and vetted professionals. The company has not mentioned any pivots in strategy or subsidiaries. The founders, Jamie Baxter, John Loeffler, and Stephan Reichenberger, have backgrounds in hospitality and technology.Qwick operates a hospitality staffing and gig platform designed to connect businesses in the hospitality industry with vetted professionals who possess at least one year of experience. The core offering of Qwick is its matching algorithm, which efficiently pairs the right skill set to specific shifts requested by businesses, streamlining the staffing process. The platform also features a two-way rating system that enables high-quality professionals to gain visibility and recognition. Qwick serves a diverse client base, including over 6,000 businesses ranging from event agencies to independent living communities, across 24 markets in the United States such as Nashville, Jacksonville, and Los Angeles.The revenue model for Qwick is primarily based on transaction fees associated with staffing services provided to businesses in the hospitality sector. Clients post shifts on the platform, and Qwick matches these shifts with qualified professionals, facilitating a seamless hiring experience. This model allows for direct transactions between Qwick and businesses, with the potential for ongoing partnerships as companies seek to fill shifts regularly. Revenue is generated through these transactional interactions, leveraging the platform's efficiency and reliability. While specific pricing structures for individual services are not disclosed, the company emphasizes the cost-effectiveness of its offerings compared to traditional temporary staffing agencies.In November 2022, Qwick, Inc. The company aims to expand into additional markets across the United States, enhancing its operational capacity and service availability. Specific new products are currently in the design phase, although release dates have not been disclosed.

Who invested in Qwick

8 investors across 4 rounds

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Funding rounds

  1. Series B

    Nov 1, 2022

    Amount

    $40M

    Investors

    Locked

  2. Series A

    Jun 1, 2021

    Amount

    $10M

    Investors

    Locked

  3. Seed

    Mar 20, 2019

    Amount

    $3.5M

    Investors

    Locked

  4. Seed

    Nov 13, 2018

    Amount

    $1.3M

    Investors

    Locked

Questions about Qwick

Who invested in Qwick?

Qwick has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Qwick raised?

Qwick has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Qwick last raise money?

Qwick's most recent round on record is a Series B, in Nov 2022.

What does Qwick do?

Qwick is a consumer services company.

Where is Qwick headquartered?

Qwick is headquartered in Scottsdale, US.

Which VCs invest in companies like Qwick?

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

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