Pairin Raises $4.36M in Series A for Workforce Journey
Pairin, a Denver, CO-based workforce journey company, raised $4.36m in Series A funding. Building upon the $2.1m raised in June 2020 via social impact investors such as New Markets Venture Partners, Juvo Ventures, JFFLabs, Village Capital and Voqal, this latest close included additional funding from existing investors and new investor Potencia Ventures.
“Not only are individuals struggling in the workforce because of the pandemic, but many government and workforce agencies are also facing challenges with budget cuts and consolidation,” said Michael Simpson, CEO and founder, PAIRIN. “We are very grateful to our investors for their continued support. These new funds will help ensure that we can bring the most efficient and intuitive technology to workforce and government agencies across the country, just like we did with the states of Virginia and Colorado and many other organizations. This will help improve their processes and allow our clients to have a larger impact on the millions of individuals affected by the pandemic and economic challenges in 2020 and beyond.”
The company intends to use the funds to support growth of operations and and further develop the platform.
Announcement: Pairin Raises $4.36M in Series A for Workforce Journey