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Skillit Secures $8.5 Million in Funding to Revolutionize Skilled Labor Recruitment in the Construction Industry

Skillit Secures $8.5 Million in Funding to Revolutionize Skilled Labor Recruitment in the Construction Industry

July 21, 2023

New York, United States - Skillit, the pioneering software development company that offers a groundbreaking solution for recruiting and retaining skilled labor in the construction industry, has successfully raised $8.5 million in a recent funding round. The investment was led by prominent real estate technology venture capital firm, MetaProp, alongside contributions from Bow Capital and Building Ventures. The funding will be instrumental in accelerating Skillit's growth and further enhancing its innovative platform.

As the new frontier in skilled trade recruitment, Skillit's platform harnesses cutting-edge technology to transform the hiring process for construction companies across the nation.

Skillit's Founder, Fraser Patterson, expressed his excitement about the recent funding success. "This substantial investment marks a significant milestone for Skillit and reaffirms our commitment to revolutionizing the construction industry's approach to hiring skilled trades. With the support of our esteemed investors, MetaProp, Bow Capital, and Building Ventures, we are now well-positioned to scale our operations and broaden our reach, empowering construction companies to efficiently source and retain top-tier craft employees."

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