HomeFinTechBacon: Raises $8M in Series A-1 Funding

Bacon: Raises $8M in Series A-1 Funding

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Bacon Raises $8M in Series A-1 Funding

  • Bacon, a Provo, Utah-based on-demand workforce app provider, raised $8m in Series A-1 funding
  • The new investors included Grayhawk Capital in Phoenix, 2.0 Ventures in Salt Lake City, and Elevate Capital in Portland
  • They are joining follow-on investors, Hall Venture Partners in Provo, Utah, and Assure Syndicates, in Salt Lake City
  • The company intends to use the funds to hire key team members and expand to 40 more markets in the next 18-24 months
  • The company lets companies with variable temporary staff requirements select, screen and hire qualified workers
  • Likewise, the free app allows workers to find and select hourly shifts to fit their own schedule and lifestyle
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