AAA Shiftgig strives for $20m series C

Shiftgig strives for $20m series C

Shiftgig, a US-based employment platform for temporary workers that counts social media and online finance company Renren as an investor, closed a $20m series C round on Tuesday.

The new funding came from venture capital firms DRW Venture Capital, FJ Labs, GGV Capital and KDWC Ventures, and an affiliate of investment banking firm William Blair.

Founded in 2011, Shiftgig operates an online service that gives businesses on-demand access to hourly temp workers in industries such as retail, food service and hospitality, warehousing and experiential marketing.

Shiftgig, which has about 1,500 corporate customers, intends to put the funding into boosting its sales and marketing, and improving its product.

The round brought the company’s overall funding to $55m, with Renren investing as part of a $22m series B round in late 2015 that included Chicago Ventures, DRW Venture Capital, GGV Capital, Garland Capital Group, KGC Capital, Pritzker Group and Wicklow Capital.

The company’s earlier funding was supplied by KGC, DRW, Chicago Ventures, I2A Fund, Firestarter Fund, Red Barn Investments, Garland Funds and Corazon Capital.

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