Qwick, a hospitality
staffing platform, has secured a $40 million Series B investment to
accelerate growth.
The round was led by Tritium Partners with
participation by current investors Album VC, Kickstart, Desert Angels and
Revolution’s Rise of the Rest Seed Fund.
Qwick says it connects service-industry professionals
directly with food and beverage shifts in real-time, provides them with the flexibility
to work on their own schedules and enables them to get paid as quickly as 30
minutes after their shift.
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Founded in 2017 and launched in 2018, Qwick says it is
focused on hiring and building out technology to fuel its expansion. The
company plans to deepen its reach in existing markets and broaden its
availability in new cities. It will also continue to hire at its Phoenix headquarters
and around the country.
“Staffing-as-a-service is the future of work in the
hospitality industry,” says Qwick co-founder and CEO Jamie Baxter. “We’re
excited by Tritium’s conviction in Qwick and belief in our mission to end understaffing.”
Qwick has facilitated more than 500,000 hospitality shifts and
plans to double that output within months, according to Baxter.
“Our projection is to fill over one million hospitality shifts
in 2023 alone,” he says.
Over the past year, Qwick has expanded from 13 to 23 active
markets, more than doubled its number of hospitality business partners, grown
its pool of “experienced, ready-to-work professionals” by nearly 70% and hired
its first CTO, according to the company.
David Lack, managing partner at Tritium Partners, says Qwick
“has truly changed the way people work.”
“Jamie and his leadership team continue to prove Qwick’s
strength and effectiveness in this space,” Lack says.
“We’re proud to be
partners with Qwick and to support its exceptional growth as it transforms
staffing services for hospitality businesses and professionals.”
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