Making Space, a Los Angeles, CA-based B2B SaaS talent acquisition and learning platform for companies to train, access, and retain pre-qualified Disabled talent, closed $2 million in oversubscribed pre-seed funding round.
Investors
The round was led by Beta Boom and joined by investors such as JFFVentures, FullCircle, American Student Assistance (ASA), ECMC Foundation, SmartJob, Mindshift Capital, Techstars, and others.
Beta Boom is a pre-seed and seed VC fund that invests in impact startups focused on building the future for overlooked populations. They invest in digital health, fintech, AI/ML, and SaaS. The firm was founded in 2017 and is based in Salt Lake City, Utah.
Making Space Use of Funds
The company will use the funding to scale its talent acquisition and learning platform and enhance its suite of services.
About Making Space
Founded by Keely Cat-Wells and Sophie Morgan, Making Space helps businesses connect with and hire Disabled individuals who have been pre-qualified through the platform's specialized training programs. The company offer accessible skill-based learning for talent sourcing, career advancement, and mobility, boosting productivity and delivering clear ROI for employers. Their model improves key metrics like time-to-hire, quality of hire, retention rates, and employee performance. In its first year, Making Space has already democratized free, accessible education for over 1,800 people with disabilities. The platform's partnerships with major corporations like Netflix and NBC Sports.
Funding Details
Company: Making Space Work Inc.
Raised: $2.0M
Round: Pre-Seed Round
Funding Month: July 2024
Lead Investors: Beta Boom
Additional Investors: JFFVentures, FullCircle, American Student Assistance (ASA), ECMC Foundation, SmartJob, Mindshift Capital, Techstars
Company Website: https://making-space.com/
Software Category: Talent Acquisition and Learning
Source: https://www.prnewswire.com/news-releases/making-space-secures-an-oversubscribed-2m-pre-seed-round-to-scale-talent-acquisition--learning-platform-for-disabled-workers-302198310.html