# WorkMetro

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

- Industry: Business Support Services
- Headquarters: Phoenix, US
- Website: www.workmetro.com
- Total disclosed funding: $6.2M
- Latest round: Series B (Dec 16, 2005)
- Investors on record: 3

## About

WorkMetro is a job search platform that utilizes advanced technology to connect job seekers with employers across various industries, enhancing the recruitment process with tailored job alerts and comprehensive profiles.WorkMetro was founded in 2003 and operates out of Phoenix, US. The company specializes in job search solutions and was acquired by Jobing.com in February 2008 to enhance its market presence. The acquisition involved financial terms that were not disclosed, and the company's current CEO is Karen Moscirella. WorkMetro has successfully completed 4 deals since its inception, with its latest financing being a Series B round raising USD 1.50 mn, bringing the total amount raised to USD 1.50 mn and its current valuation to USD 13.54 mn.WorkMetro primarily offers a job search platform featuring advanced matching technology that connects job seekers with employers across a variety of industries. The platform includes job alerts for precision notifications based on user qualifications, and it allows users to create detailed profiles that can be shared selectively with potential employers. WorkMetro serves a diverse clientele, including individual job seekers and corporate employers in sectors such as hospitality, healthcare, and retail.WorkMetro generates revenue through subscription services and partnerships with employers looking to fill job vacancies. Employers typically pay for premium listings or access to the extensive resume database, facilitating both B2B interactions and direct access for individual consumers. The revenue model is structured to accommodate different clients' needs, with offerings that likely include tiered subscriptions or pay-per-listing options.WorkMetro aims to leverage its recent acquisition by Jobing.com to expand its market reach and enhance its product offerings. The strategy includes the development of new job search technologies and expanding operations into additional geographic markets. The recent funding from the Series B round will support these initiatives, allowing WorkMetro to further integrate its services and improve platform capabilities, thereby optimizing user experience and enhancing employer access to suitable candidates.

## Funding rounds

- Series B, Dec 16, 2005, $5.5M — Bessemer Venture Partners, Jafco Ventures
- Series A, Mar 22, 2005, $0.7M — Bessemer Venture Partners, Icon Ventures

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Icon Ventures (https://capitalatlas.ai/funds/icon-ventures) — Series A
- Jafco Ventures — Series B