ToolBelt Secures $2.5 Million Round
Summary
VANCOUVER, Washington May 7th, 2021 - ToolBelt, Inc., a construction technology company, today announced it has raised $2.5 million in a Series Seed 2 round led by HR Tech Investments LLC, a subsidiary of Recruit Holdings Co., Ltd., and an affiliate of Indeed. - JoshWith the residential construction boom showing no end in sight, labor shortages continue to be the biggest issue plaguing contractors, large and small. The ability to access a pool of qualified applicants with the touch of a button on the ToolBelt app is appealing to contractors trying to increase their production capacity, stay ahead of schedule, and keep under budget. ToolBelts impressive performance, strong use, and growing ecosystem in the Pacific Northwest is what drew HR Tech Investments to invest in the fast-adopting platform.As a leading supplier of building materials, Saint-Gobain understands the challenge of finding quality, skilled workers in the construction industry, said Minas Apelian, Vice President, External and Internal Venturing, Saint-Gobain. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change.This strategy of responsible growth is guided by the Saint-Gobain purpose, MAKING THE WORLD A BETTER HOME, which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.38.1 billion in sales in 2020 More than 167, 000 employees, located in 70 countries Committed to achieving Carbon Neutrality by 2050For more details on Saint-Gobain, visit www.saint-gobain.com and follow us on Twitter @sgnova or @saintgobain.