Forkforce can enhance its job platform for the service industry thanks to raising $250,000 in seed funding, the company announced today.
According to a release, the round included participation from KSFI Partners and individual Wisconsin-based angel investors. The capital will be used to “speed up development of a capability that will be (a) real differentiator,” CEO Mike Wagner said.
“We need (this new capability) to truly differentiate and provide added value against our biggest, free competitor–Craigslist,” Wagner said. “We are looking hire developers … here in Madison to continue to build the startup ecosystem.”
Wagner noted the fundraising took four months, and it’s a “relief” to be done.
“Wisconsin is not the easiest place to raise a seed round,” Wagner said. “(Nonetheless), we are so pleased to have a visionary investor group behind us. These new investors bring a wealth of expertise gained in executive roles such as investor relations, technology and strategy.”
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