Financial terms of deal not disclosed
Beth JoJack //November 21, 2024//
Financial terms of deal not disclosed
Beth JoJack // November 21, 2024//
JobGet, a Boston-based hourly jobs listings platform, last week announced that it has acquired rival Snagajob in Glen Allen.
A spokesperson did not immediately respond to a request for financial terms of the deal.
Snagajob will operate as a standalone entity within JobGet, creating the United States’ largest hourly workforce job platform. With the acquisition, JobGet boasts in a news release that it now reaches over 100 million hourly workers, covering nearly the entire hourly workforce in the United States.
Founded in 2019, JobGet reports facilitating millions of hires for tens of thousands of businesses. Its features include job matching using artificial intelligence and instant job interview scheduling. In 2022, JobGet raised $52 million in Series B funding.
Founded in 1999, Snagajob connects 6 million job seekers to employment opportunities each month and partners with 24 of the top 25 employers of hourly workers, as well as mid-market and small business employers.
“Since Snagajob was founded 25 years ago, the company’s mission of helping hourly workers find right-fit jobs has never wavered, and we’re confident that this mission will not only continue but thrive as part of JobGet,” Snagajob CEO Keith Forshew stated in a news release. “With access to the resources on JobGet’s platform, Snagajob’s job seekers and employers will continue to have a best-in-class experience and make meaningful employment connections.”
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