# Traba

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/traba

- Industry: Outsourcing
- Headquarters: Miami, US
- Website: www.traba.work
- Total disclosed funding: $42M
- Latest round: Series A (Oct 26, 2023)
- Investors on record: 5

## About

Traba, Inc. is a US-based company specializing in innovative staffing solutions tailored for sectors like manufacturing and logistics, streamlining the hiring process to connect businesses with qualified labor.Founded in 2021 and headquartered in Miami, US, Traba, Inc. provides innovative staffing solutions. The firm has completed 3 deals, with the most recent in October 2023, when it raised USD 22.000 mn in Series A funding led by Founders Fund, which included participation from Khosla Ventures. The company was co-founded by Mike Shebat, Akshay Buddiga, Gonzalo De Mujica, and Thomas Quinn, who bring a wealth of experience from previous ventures.Traba specializes in providing innovative staffing solutions tailored specifically for various sectors such as manufacturing, logistics, production, and distribution. The company's core offerings include flexible workforce solutions like contract, project-based, temp-to-hire, and direct hire services. Traba employs advanced technology to streamline the hiring process, ensuring that businesses receive skilled workers who are vetted across more than 150 attributes. The service is designed to improve operational efficiency, decrease turnover rates, and enhance worker consistency, addressing critical challenges such as labor shortages and the need for rapid staffing. Traba serves a diverse client base, including transportation, food manufacturing, and fulfillment centers, operating across major markets in North America and parts of Europe.Traba generates revenue primarily through transactional staffing services, where businesses pay for the workforce solutions provided. The company’s pricing structure is based on competitive rates that reflect operational efficiency and quality of service. Clients can engage in various service agreements, such as project-based engagements or temp-to-hire arrangements, allowing for flexibility depending on their specific needs. The transactions typically occur on a B2B model, where businesses partner with Traba to fill workforce gaps swiftly and efficiently. This model positions Traba as a trusted partner to its clients, facilitating seamless access to reliable labor and ensuring that client operations remain uninterrupted and productive.In October 2023, Traba, Inc. raised USD 22.000 mn in Series A funding led by Founders Fund, with participation from Khosla Ventures. The company will use this funding to expand its business into new regions and enhance its marketplace platform with additional product features.

## Funding rounds

- Series A, Oct 26, 2023, $22M — Founders Fund, Khosla Ventures
- Series A, Jul 7, 2022, $20M — General Catalyst Partners, Founders Fund, Khosla Ventures, SciFi VC, Atomic Management

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A
- SciFi VC (https://capitalatlas.ai/funds/scifi-vc) — Series A
- Atomic Management (https://capitalatlas.ai/funds/atomic-management) — Series A