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Laborup

Two-sided marketplace for hiring skilled labor

Overview

Laborup operates a two-sided marketplace that connects construction contractors with skilled tradespeople. It helps contractors find, hire, and manage workers for various trades (e.g., general labor, carpentry, electrical) through a streamlined platform, while offering tradespeople a mobile app to discover consistent job opportunities, manage their profiles, and receive payments. The platform also handles payroll, taxes, insurance, and compliance, reducing administrative work for hirers and enabling a flexible, scalable workforce. Laborup generates revenue by charging contractors a fee for each worker hired through the platform. The company’s goal is to alleviate construction labor shortages and inefficiencies by providing reliable employment and a dependable stream of skilled labor to projects, with an emphasis on efficient staffing, payroll services, and HR compliance.

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About Laborup

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Industries

Industrial & ManufacturingEnterprise SoftwareFintech

Company Size

11-50

Company Stage

Seed

Total Funding

$7.7M

Headquarters

Knoxville, null

Founded

2024

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Funding

Total Funding

$7.7M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$5.8M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays

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