Tag: employment services

JobGet, a Boston-based hourly jobs listings platform, last week announced that it has acquired rival Snagajob in Glen Allen.

The financial terms of the deal were not disclosed, according to Tony Liu, cofounder and CEO of JobGet.  

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.

The two companies will have more than 100 employees when combined, according to Liu. “The majority of the employees have been brought on board to JobGet,” he said in a statement to Virginia Business.

Snagajob, which briefly changed its name to Snag in 2018, had about 230 people working at the Innsbrook Corporate Center in 2019, according to one news report.

Liu said on Friday that JobGet is a remote-first company so there will not be a snagajob office in Glen Allen in the future. However, he wasn’t certain when the Virginia office would close or if it will close.

Snagajob’s CEO Keith Forshew and CFO Dan Li will work as advisors to JobGet, according to Liu. The company’s senior vice president of product and chief technology officer will join the team at JobGet, he added.

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.

Snagajob, which launched in 1999, 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,” Sangajob 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.”