UnifyWork, the first workforce intelligence platform powering regional talent networks through its patented skills-based technology, has recently raised an additional $3 million in funding. The round brought its total raised to $7.5 million, including NorthCoast Ventures, JumpStart and OVO Fund.
Founded by Stephen McHale, UnifyWork enables equitable hiring and provides real-time data on job market supply and demand to help regions unleash their full economic potential. The platform’s patented skills-based matching technology analyzes job seeker skills, interests and unique work styles, mapping them to nearly 1,000 occupations that the Bureau of Labor Statistics has documented across the United States through O*Net.
Speaking about fundraising, Founder & CEO of UnifyWork, Stephen McHale:
We are inspired by the confidence investors exhibit in this challenging funding environment. This capital will help our team achieve our mission of informing, empowering, and fully engaging our workforce so individuals, businesses and communities can thrive. Quite simply, we’re making talent shortages a thing of the past. Our skills-based matching technology enables employers to hire individuals who can’t be found through job boards or staffing agencies. At the same time, it helps job seekers identify work they love that embraces their unique skills and interests while illuminating career development pathways throughout their lives.
McHale added:
The amount of interest and growth we’ve seen in the talent network in such a short time is truly astounding. We’re now beginning to work more closely with community colleges and K-12 schools to support their strategic initiatives in student career development. The opportunities are virtually endless.
Headquartered in Cleveland, Ohio, UnifyWork believes in a future where everyone has access to work that provides a good living, embraces their unique skills and interests, and meets their needs for success in work and life. The company networks educators and employers through data to transform the local workforce, addressing job market demand and making talent shortages a thing of the past.
Currently, UnifyWork only allows individual livable wage or higher wage jobs on the network to advance its efforts of powering inclusive prosperity. The startup is a spin-out of UnifyLabs, a 509(a)3 non-profit founded in 2017.
