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Venture Capital News: The Bacon $8M Series A-1 Financing Round

2022-08-04
PROVO, UT, The Bacon on-demand workforce app has received $8 million in Series A-1 funding.
The Bacon on-demand workforce app has received $8 million in Series A-1 funding from some of the nation's premier investment firms-as well as a former gig worker who is now investing in the company he credits for his comeback. The "temp agency in an app" will use the latest funding to hire key team members and expand to 40 more markets in the next 18-24 months.

The new investors in Bacon include 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.

Bacon is like the Uber of hourly jobs by making it easy to work a "side gig" anytime, anywhere. Bacon connects employers to pre-qualified, available candidates who will work on-demand for as little as one shift. Bacon offers job opportunities for warehouse, construction, deliveries, catering, events, printing, laundry production, restaurants, retail and other jobs. The Provo, Utah, company started in 2018 and has attracted companies and employees in 14 states using the Bacon Work On-Demand app.
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