Assured Labor Closes $5.5M Funding

Assured Labor (www) Work Assured Com), the world leader in mobile recruitment, announced today that the company has closed a $5 contract. Funding round of 5 million led by Capital Indigo Capital Indigo is joining existing investors, including Great Oaks Venture Capital, Nexus Venture Partners, Kima Ventures, Enzyme Venture Capital, Fabrice Grinda and Jose Marin.

“Our digital recruitment platform is taking off in Mexico and Brazil, and we couldn’t be happier adding such a successful partner,” said David Reich, Founder and CEO of Assured Labor. “With more than 1,000 employers joining Assured Labor every month, this investment will enable us to meet this demand by increasing our engineering and sales teams while solidifying our market leadership position in the middle-to-low-wage segment. “That’s right.

“The recruitment market in Latin America is ripe for disruption and nothing comes close to the offer of Assured Labor to recruit lower-wage job seekers. We look forward to supporting the growth of the company in Latin America and beyond,” said Bernardo Paasche, Managing Partner, Capital Indigo, who will join the Board of Directors of Assured Labor with Everardo Camacho, Managing Partner, Capital Indigo.

Brands of Assured Labor in Mexico (www) EmploymentList Come on, Mx) and Brazil (www) Trabalhojaja Come on, (b) have grown to become Latin America’s leading recruitment services for mid-to-low-wage full-time employees. By leveraging the Internet, SMS, Voice User Interface and Social Media, Assured Labor enables companies to quickly identify and reach the best job seekers in their area. With 500,000 registered job-seekers and 16,000 employers, Assured Labor has become the region’s top destination for digital mid-to-low-wage recruitment.

On Assured Labor
Assured Labor is revolutionizing hiring in emerging markets The service leverages the power of mobile phones and the Internet to quickly connect employers with the best middle-to-low-wage candidates in their area. Founded at MIT, Assured Labor’s disruptive platform is optimized for emerging markets where three out of four Internet users access the Web sporadically and almost everyone has a cell phone. The Latin American brands EmploymentListo & TrabalhoJa are currently operating in Mexico and Brazil. For more information, please visit Labor Assured www, com EmploymentList Come on, Max and www Trabalhojaja Come on, B.

About Indigo Capital
Capital Indigo is a private equity firm based in Mexico City that focuses on mid-market private equity and mezzanine debt investment in Latin America. As an early-mover in the region’s private equity markets, Capital Indigo’s “Indigo Fund 1” is investing in high-growth mid-sized enterprises. The Fund’s managers share over 30 years of operational, investment and start-up experience in Latin America and the United States and play an active role in each of their investments. More information can be found at: www Capital-Indigo Come on,

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