WorkTorch (Formerly QuickHire)

WorkTorch (Formerly QuickHire)

A career discovery platform for the service economy workforce.

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DateInvestorsAmountRound
-investor investor

€0.0

round
N/A

€0.0

round
N/A

€0.0

round
investor investor investor investor investor investor investor investor investor investor

€0.0

round
*

$2.2m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-46 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about WorkTorch (Formerly QuickHire)
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QuickHire, founded in 2020 during the COVID-19 pandemic, is a hiring platform that aims to revolutionize the way people find and secure jobs. The company's mission is to remove barriers to employment, making it easier for job seekers and employers to connect. QuickHire primarily serves blue-collar workers—those who perform manual labor and skilled trades—who are essential to the economy but often overlooked in favor of white-collar jobs.

The platform operates in the employment and recruitment market, focusing on industries such as manufacturing, logistics, and retail. QuickHire's business model is straightforward: it provides a digital community where job seekers can find opportunities and employers can find qualified candidates. The platform makes money through subscription fees and possibly placement fees from employers who use its services to fill job openings.

QuickHire's user-friendly app has received high praise from users, with many highlighting its ease of use and effectiveness in securing employment. The app is available on major app stores and has quickly become one of the top-rated hiring platforms.

In summary, QuickHire is a digital hiring platform that connects blue-collar workers with employers, operating in the employment and recruitment market. It generates revenue through subscription and placement fees, and it has gained significant traction due to its user-friendly interface and effective job-matching capabilities.

Keywords: hiring platform, blue-collar jobs, employment, recruitment, job seekers, employers, digital community, subscription fees, placement fees, COVID-19 startup.

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