Total amount raised
$15.3 Millions
Latest funding date
04/01/2022
Location
Title
Landed has successfully raised significant funding to enhance its platform, which is designed to streamline the hiring process for businesses in the hospitality and retail sectors. The platform leverages advanced technologies like Generative AI and intelligent matching to improve candidate quality and speed up engagement through text messaging.
Keep reading to explore the intricacies of Landed's fundraising journey and the investors backing this innovative hiring solution.
What Is Landed?
Landed, founded in 2019, is headquartered in San Francisco, California. The company was established by Vivian Wang and is dedicated to revolutionizing the hiring process for the hospitality and retail sectors.
With a focus on improving candidate quality and engagement, Landed leverages advanced technologies like Generative AI and intelligent matching. The platform also enhances communication through text messaging, making the hiring process faster and more efficient.
Currently, Landed employs a team of 50-100 professionals who are committed to helping businesses find and retain top-notch hourly workers while reducing ad spend and time spent on hiring.
How Much Funding Has Landed Raised?
- Seed Funding Round
- Amount Raised: $7 million
- Date: April 2022
- Lead Investors: Javelin Venture Partners, Blockchain Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue the company's growth trajectory, build up its employee headcount, and further develop financial wellness products for its users.
Total Amount Raised: $7 million
Current Valuation: Not publicly disclosed
Key Investors
- Javelin Venture Partners
- Details: Javelin Venture Partners is a venture capital firm that invests in early-stage technology companies. They have a strong track record of supporting innovative startups.
- Investment Focus Areas: Marketplaces, technology startups
- Notable Investments: MasterClass, Thumbtack, Clutter
- Blockchain Capital
- Details: Blockchain Capital is a venture capital firm specializing in blockchain technology and cryptocurrency investments. They are known for their deep expertise in the blockchain sector.
- Investment Focus Areas: Blockchain technology, cryptocurrency
- Notable Investments: Coinbase, Ripple, Kraken
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a multi-stage venture capital firm that invests in the enterprise, consumer, and health sectors. They have a global presence and a diverse portfolio.
- Investment Focus Areas: Enterprise technology, consumer technology, health sectors
- Notable Investments: Snap, Affirm, Grubhub
- Good Friends Fund
- Details: The Good Friends Fund is an investment fund created by the founders of Warby Parker, Harry’s, and Allbirds. They focus on supporting consumer-focused startups.
- Investment Focus Areas: Consumer goods, retail, technology
- Notable Investments: Warby Parker, Harry’s, Allbirds
- ThinkFood Group
- Details: ThinkFood Group is a company founded by chef José Andrés, known for its innovative approach to the culinary arts. They invest in food and hospitality ventures.
- Investment Focus Areas: Food, hospitality, culinary innovation
- Notable Investments: Not publicly disclosed
What's Next for Landed?
As Landed looks to the future, the opportunities are vast. With over 90 million blue-collar workers in the U.S., the potential for automating recruitment in the hospitality and retail sectors is immense. The company is also exploring financial products and upskilling programs, which could significantly enhance worker engagement and retention.
Given the rapid growth and substantial market opportunity, Landed is likely to seek additional funding to scale its operations and expand its offerings. However, the company will need to navigate challenges such as intense competition from other recruitment tech startups and the complexities of integrating new technologies like cryptocurrency.
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