LaborWorx announced a $4.2 million funding round, and Terra Staffing Group secured a private equity investment.

LaborWorx

LaborWorx, a staffing platform serving the construction industry, announced a $4.2 million funding round.

Peachtree, Georgia-based LaborWorx said the investment will allow it to increase its existing team in Georgia and expand its presence in the Carolinas and Texas as well as boost client acquisition efforts and introduce a mobile app this summer.

Founded in 2022, the tech-enabled staffing startup connects construction and manufacturing companies connect with on-demand workers.

“The solution is designed to populate the best individuals for the job based on skill, location, rate, and availability,” said Guy Caldwell, co-founder and VP of product. “From specialized roles to high-volume contingency teams, the platform is able to flex up and down with even the largest manufacturers.”

Terra Staffing Group

Hastings Equity Partners, a lower middle-market private equity firm, announced its third Fund V platform investment in Terra Staffing Group, a Washington-based staffing provider for the industrial, consumer products, food and beverage and logistics industries.

“The global labor shortage has affected companies everywhere – industrial and administrative roles are no exception,” said Grant Reckhow, principal at Hasting. “Terra is uniquely positioned to capitalize on global trends in temporary labor market growth by providing unique, technology-driven solutions to companies with difficult-to-fill jobs that often strain human resource departments.”

The value of the investment was not announced.

Founded in 1983, Terra Staffing Group operates out of 18 offices across five states and provides a suite of outsourced HR services and solutions.

“Our business is about people, and Hastings understood that from day one,” said Terra CEO Greg Lambert. “Keeping our customers and our working associates satisfied and fulfilled is the key to success in our industry.”