Jobble Company Profile

Background

Overview

Jobble is a technology-driven company dedicated to empowering the flexible workforce by connecting gig economy workers with businesses offering temporary, temp-to-perm, and on-demand staffing opportunities. Founded in 2016 and headquartered in Boston, Massachusetts, Jobble has established itself as a significant player in the human resources and staffing industry.

Mission and Vision

Jobble's mission is to revolutionize the way people work by providing access to flexible job opportunities that maximize daily income potential. The company aims to support the underrepresented U.S. workforce by offering comprehensive benefits and financial solutions that cater to their immediate and future needs.

Key Strategic Focus

Core Objectives

For Businesses: Jobble offers an all-in-one staffing solution that enables businesses to find, manage, and hire temporary workers as needed. The platform allows companies to create job postings, select a workforce that matches their expectations, and monitor worker performance using real-time, mobile-optimized technology.

For Workers: Jobble provides gig workers with access to a wide range of job opportunities, allowing them to apply for single, multi-day, or recurring jobs that suit their lifestyle. The platform facilitates the entire process from application to payment, ensuring a seamless experience for workers.

Primary Markets

Jobble serves a diverse range of industries, including warehousing, events, general labor, seasonal demands, restaurant and hospitality, and retail. This broad market focus enables the company to cater to various staffing needs across the United States.

Financials and Funding

Funding History

As of July 2019, Jobble has raised a total of $12.5 million in funding over multiple rounds. The most recent funding round, a Series A, was led by Vestigo Ventures and AXA Venture Partners, with participation from Guardian Strategic Ventures and Harlem Capital Partners.

Revenue

In 2024, Jobble reported a revenue of $6.7 million, reflecting a 26.5% year-over-year growth from $5.3 million in 2023. This consistent revenue growth indicates the company's expanding user base and increasing adoption across various industries.

Technological Platform and Innovation

Proprietary Technologies

Jobble's platform leverages real-time, mobile-optimized technology to connect businesses with gig workers efficiently. The platform allows businesses to create job postings, select suitable workers, and monitor performance seamlessly.

Scientific Methodologies

While specific scientific methodologies are not detailed, Jobble's platform likely incorporates data analytics and machine learning algorithms to match workers with job opportunities effectively, ensuring optimal placement and satisfaction for both parties.

Leadership Team

Key Executives

Zack Smith: Co-founder and Chief Executive Officer. Zack has been instrumental in steering Jobble's strategic direction and growth since its inception.

Corey Bober: Co-founder and Chief Operating Officer. Corey oversees the company's operations, ensuring efficiency and effectiveness in service delivery.

Competitor Profile

Market Insights and Dynamics

The gig economy is experiencing rapid growth, with more than a third of U.S.-based workers participating in gig work. This expansion has led to increased demand for platforms that connect gig workers with businesses, creating a competitive landscape in the on-demand staffing industry.

Competitor Analysis

Jobble faces competition from several key players in the on-demand staffing sector, including:

Upshift: Offers a platform connecting businesses with pre-vetted workers for flexible shifts.

Wonolo: Provides a B2B marketplace for businesses to find vetted talent for on-demand hourly or daily job needs.

TaskRabbit: Connects individuals with skilled Taskers for various chores and errands.

Thumbtack: An online service helping people find professionals for temporary employment across various fields.

GigSmart: Offers a staffing solution to find on-demand workers near businesses.

Strategic Collaborations and Partnerships

In July 2019, Jobble secured an $11 million Series A funding round led by Vestigo Ventures and AXA Venture Partners, with participation from Guardian Strategic Ventures and Harlem Capital Partners. This funding aimed to expand operations, enhance the technology stack, and grow sales and marketing teams to deliver better services and innovative platform solutions.

Operational Insights

Competitive Advantages

Jobble's platform stands out due to its comprehensive approach, offering an all-in-one solution for both businesses and gig workers. The platform's user-friendly interface, real-time monitoring capabilities, and extensive network of over 5 million gig workers provide a significant competitive edge in the on-demand staffing industry.

Strategic Opportunities and Future Directions

Jobble plans to expand its national footprint, with potential international expansion on the horizon. The company aims to continue enhancing its platform by focusing on technological advancements and broadening its service offerings to meet the evolving needs of the gig economy.