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Sprockets logo — AI-Powered Hiring That Reduces Employee Turnover

Sprockets

AI-Powered Hiring That Reduces Employee Turnover

Founded 2016 United States Charleston, United States 64 employees Series A Total: $14.78M SaaS

General Information

Company Name Sprockets
Founded Year 2016
Location United States Charleston, United States +1
Employees 64
Industries SaaS
Funding Stage Series A
Social

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About Sprockets

Sprockets is a SaaS startup that aims to revolutionize the hourly workforce hiring process with its AI-powered technology. Founded in 2016 and based in the United States, Sprockets offers employers a comprehensive solution to hire and retain top hourly workers. The company's slogan, "AI-Powered Hiring for the Hourly Workforce," reflects its commitment to leveraging advanced technology to address labor market challenges. Sprockets' last investment of $10.00M came through a Series A round on 28 March 2022, with participation from prominent investors such as Healthy Ventures, Lytical Ventures, Blu Venture Investors, Thayer Ventures, VentureSouth, and Forté Ventures. This significant investment underscores the confidence that these key players in the venture capital ecosystem have in Sprockets' innovative approach and potential for growth. The company's description outlines how Sprockets empowers business owners by providing them with the necessary tools, including comprehensive virtual interviews and AI-powered sourcing campaigns, to reduce turnover, slash hiring costs, and excel in the increasingly competitive labor market. Sprockets' ability to address critical pain points for employers and its strategic use of advanced technology position it as a compelling investment opportunity in the ever-evolving HR tech landscape.

Taxonomy: hiring solution, hourly workers, recruiting, applicant screening, employee retention, franchise solutions, virtual recruiter, employee turnover, hiring platform, hiring software

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 6
Investor Investor Investor Investor Investor Investor
28 Mar 2022
Seed Round •••••• 4
Investor Investor Investor Investor
11 Jan 2021
Seed Round •••••• - 30 Apr 2019
Seed Round •••••• - 17 Dec 2018
Pre Seed Round •••••• - 01 Jan 2017

Sprockets Alternatives & Competitors

Sprockets vs
HourWork
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FAQ About Sprockets

AI-Powered Hiring That Reduces Employee Turnover
Sprockets was founded in 2016.
Sprockets is headquartered in Charleston, United States.
Sprockets operates in the following industries: SaaS.
Sprockets has approximately 64 employees.
Sprockets has completed 5 funding rounds, raising a total of $14.78M. The latest funding stage is Series A.
Top alternatives and competitors to Sprockets include HourWork, Motions Systems Inc., Sprockets.com, Rolcon Engineering, Cogmatic. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sprockets and HourWork are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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