Sequifi Raises $6.7 Million to Modernize the Home Services Industry
Sequifi secures $6.7 million funding for the advancement of workforce management in the home services sector, aiming for modernization.
In an industry that has been underserved despite its size and importance, a Utah-based workforce management platform, Sequifi, is making strides towards modernization. The company has recently raised $6.7 million in seed funding, led by Global Ventures, Cervin Ventures, Frazier Group, and Tokyo Black.
According to a press release, the home services industry still relies on outdated tools and broken systems. Sequifi aims to address these issues by offering features like same-day pay and full wage transparency for workers. The platform's technology also aims to address workforce shortages and streamline operations.
As of current usage, Sequifi operates in various industries beyond home services, with its reach already active in a diverse range of industries. The company currently operates across more than 10 industries, and plans to continue expanding its reach.
Roshan Kumar, CEO of Sequifi, said in a statement, "The industry deserves better, and workers deserve to get paid the same day they finish a job." The funding will be used to accelerate product development and expand go-to-market efforts for Sequifi.
The growth strategy of Sequifi includes the inclusion of new industries in its platform's reach. The company's expansion plans involve targeting industries beyond home services, with the platform's reach being strategically extended to additional industries.
Sequifi provides a unified platform for mid-market and enterprise home service companies, offering a solution to the industry's long-standing problems. The company's mission is to revolutionize the workforce management sector, one industry at a time.
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