FactoryFix recruiting platform raises $10 million Series A funding

FactoryFix, a recruiting platform that helps manufacturing companies hire skilled workers, has announced a $10 million Series A financing.

Grotech Ventures led the round with participation from Capital Midwest, Great North Ventures, Hyde Park Venture Partners, Revolution Rise of the Rest, and JFF Labs. The company has raised $16 million to date. This funding caps off a year in which the company’s revenue grew by more than 400%.

FactoryFix now helps hundreds of industrial companies in sectors like automotive, packaging, warehousing, and food and beverage. Its talent network has grown to more than 300,000 skilled manufacturing professionals like CNC machinists, maintenance techs, machine operators, and welders.

The platform uses a scoring algorithm to automatically screen applicants to ensure their platform users spend time only on the people that are qualified and responsive.

“The manufacturing industry is facing a crippling labor shortage with over a million jobs sitting open right now,” said Patrick O’Rahilly, CEO/founder of FactoryFix. “We plan on chipping away at this problem on two fronts. First, for employers, we’re building technology that streamlines their hiring process and delivers more qualified and responsive candidates. Second, we’re actively recruiting the next generation of workers by building a community that helps coach them on how they can build a lucrative, debt-free career in this industry.”