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(UBER) - Blue-collar Marketplace Shift One Raises $5 2M In Seed Funding

Share: Shift One, a blue-collar job marketplace, announced Tuesday it had raised $5.2 million in seed funding, led by City Light Capital and JAM Fund.  Founded in 2019 by Uber Technologies (NYSE: UBER) former West Coast Operations and Logistics Technology leader Jason Radisson, Shift One is aimed at connecting available warehouse and logistics labor with companies in last-mile logistics, e-commerce fulfillment and large-scale event management.  This labor economy has historically dealt with an information deficit, which forces companies to overhire in order to find the correct employee for the job. The strategy is not cost-efficient for companies, and brings down the value of these employees as well. 

Uber vet raises $5 2M for blue-collar logistics marketplace – TechCrunch

Uber vet raises $5.2M for blue-collar logistics marketplace After working as a general manager for Uber in Nevada, Jason Radisson realized the need for a way to connect blue-collar workers to companies looking to employ them. So in late 2018, the idea for Shift One a marketplace aimed at pairing workers and employers was born. The startup is focused on last-mile logistics and delivery, e-commerce fulfillment and large-scale event management. Since formally launching in 2019, Shift One has grown to have 25,000 workers on its platform many of whom it says were unemployed at the time of hire. And it has about 50 clients in the U.S. and Colombia, including Amazon, NASCAR, Weee!, Mensajeros Urbanos and the Consumer Electronics Show (CES).

Uber vet raises $5 2M for blue-collar logistics marketplace

After working as a general manager for Uber in Nevada, Jason Radisson realized the need for a way to connect blue-collar workers to companies looking to employ them. Since formally launching in 2019, Shift One has grown to have 25,000 workers on its platform many of whom it says were unemployed at the time of hire. To help it grow and further expand its reach, Shift One just raised a $5.2 million seed round led by City Light Capital and Tinder co-founder Justin Mateen’s JAM fund, with participation from K50 Ventures, Ventura Investments and Human Ventures, as well as angel Felipe Villamarin.

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