Landed raises $7 million to solve a restaurant and
SAN FRANCISCO, April 07, 2022 (GLOBE NEWSWIRE) — Landed, which provides the leading end-to-end recruiting engine for the foodservice and hospitality industries, today announced that it has raised $7 million in seed funding. Javelin Venture Partners and Blockchain Capital led the round with participation from Lightspeed Venture Partners; the founders of the Good Friends fund of Warby Parker, Harry’s and Allbirds, and the founders of celebrity chef José Andrés’ ThinkFood group.
Landed has experienced phenomenal growth over the past year, increasing revenue more than 20x since the start of 2021. Today, Landed has over 150,000 blue collar workers and hundreds of top employers on its platform, including Cava, Blaze Pizza, Panera, Chick-fil-A, Taco Bell, and more.
The funding will help fuel an aggressive expansion of Landed’s user base and new product offerings to provide end-to-end support for hiring at major restaurant and hospitality chains. Landed will also add new blue-collar services to its platform to promote financial well-being, including fair and transparent financial products such as access to earned wages and crypto bank accounts.
“The restaurant and hospitality industries have doubled in the past two years,” said Vivian Wang, founder and CEO of Landed. “It’s a new day for them and the workers who support these companies. General Managers are overwhelmed and always have to hire new members due to staff turnover. Landed delivers sourcing and hiring automation that engages top talent, eliminates time-consuming manual tasks, and weaves diversity, equity, and inclusion throughout the employee lifecycle. We will use this new funding to help us build better, continue to provide the best customer service, and effectively support all employers and candidates who rely on Landed.
“Staff shortages in restaurants and hospitality are making headlines. But the truth is, labor has always been an industry-wide issue. Landed quickly became the only solution that stands out from other players in the field. The industry’s largest clients recognize that Landed’s industry-leading recruiting software and AI technology helps them stand out from the competition, tackle labor shortages head-on, and, quite simply, , to make their hiring managers happy,” said Jed Katz of Javelin Venture Partners. “Vivian leveraged her deep expertise to create the most scalable solution for hiring and retaining hourly talent. She is a relentless founder solving this monster challenge and her platform is poised to be the winner in this rapidly growing category.
Spencer Bogart of Blockchain Capital added, “We are excited about Vivian’s vision to expand into crypto-enabled fintech offerings and fundamentally improve the livelihoods of a vastly underserved consumer: the blue collar worker.
How Landed Works
Blue collar workers download the Landed Jobs mobile app and are guided through setting up their Landed profile, which includes short videos as well as details about their work experience, location, team availability and career goals. Landed’s AI-powered smart matching technology matches candidates with the best jobs and employers near them.
Hiring managers access the Landed Employer Portal and enter hiring goals and criteria across all locations. Landed then automates the end-to-end recruiting process with its intelligent conversational AI and matching technology: finding, vetting, engaging, arranging interviews, and hiring top-notch candidates. This eliminates manual labor for hiring managers, delivering dozens of hours of time savings each week while driving a 3.5x higher hire rate.
Landed provides the first end-to-end recruitment platform that helps restaurants and hospitality employers hire top-notch candidates fast. Landed makes CEOs happy and helps companies save time and money by automating candidate sourcing, hiring, and interview scheduling. Its intelligent matching and conversational AI technology connects candidates with employers based on each employer’s personalized criteria, selecting candidates based on more than 50 data points, which helps to hire better candidates more rapidly. Landed also offers blue-collar financial products to promote financial wellness. Hundreds of leading businesses, including Blaze Pizza, Chick-fil-A, and Panera, trust Landed to help them fill their vacancies ASAP. Learn more about gotlanded.com.
Big Swing Communications
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/044c8390-e3d5-4110-a305-aea4056993ea