The Mom Project announced an $80M Series C Round of Venture capital funding for its job board marketplace focused on upskilling and reskilling Moms and then matching them to jobs. This brings their total raised to $115.6 million. The round was led by Leeds Illuminate.
Anyone new to our comprehensive VC data is usually surprised to hear that the marketplace job board category is consistently the leader in dollars invested by a large margin. Entrepreneurs and investors love two-sided marketplaces. More importantly, marketplace job boards are the closest thing we have to consumer tech in the work tech space. Marketplace job boards have led the market in industry and job-type specialization. They were the first to focus on new work models (e.g., freelance/gig/contingent). And, they are looked to first to expand recruiting reach and deliver more diverse candidate pools. Let’s not forget the adoption of new techs like AI and matching, and now the rush to reskill the workforce at large. Stop throwing around the term “job board” like it’s a dirty word.
$13.7 billion was invested globally in work tech through Q3 2021 across 299 deals. WorkTech Market Insiders can access insights and analysis of all of the deals in our Q3 report with a free membership.