Betterplace raised $12 million from its existing investor Singapore-based Jungle Ventures

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Blue collar workforce management startup Betterplace raised $12 million from its existing investor Singapore-based Jungle Ventures.

Betterplace began as a KYC verification firm. However, the startup quickly shifted its focus and began providing employee lifecycle management services such as onboarding, background verification, training, and certification, as well as attendance management and employee upskilling. Betterplace currently works with 1,500 businesses. Rocket, a D2C-based product from the startup, claims to provide a pre-verified and pre-skilled pool of frontline workforce. BetterPlace Select, BetterPlace’s Workforce Fulfillment business vertical, also provides flexible and contractual staffing solutions to its clients via its platform play.

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Betterplace raised $12 million from its existing investor Singapore-based Jungle Ventures

Blue collar workforce management startup Betterplace raised $12 million from its existing investor Singapore-based Jungle Ventures.

Betterplace began as a KYC verification firm. However, the startup quickly shifted its focus and began providing employee lifecycle management services such as onboarding, background verification, training, and certification, as well as attendance management and employee upskilling. Betterplace currently works with 1,500 businesses. Rocket, a D2C-based product from the startup, claims to provide a pre-verified and pre-skilled pool of frontline workforce. BetterPlace Select, BetterPlace’s Workforce Fulfillment business vertical, also provides flexible and contractual staffing solutions to its clients via its platform play.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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