Seasoned Sizes Up $18.7 Million Series A

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;strong> &&num;8212&semi; Seasoned has raised <span class&equals;"xn-money">&dollar;18&period;7 million<&sol;span> in Series A financing to help expand its hiring platform and restaurant worker network to new markets&period; The financing comes on the back of a <span class&equals;"xn-money">&dollar;12 million<&sol;span> seed round raised in <span class&equals;"xn-chron">June 2021<&sol;span>&comma; bringing its total raised to more than <span class&equals;"xn-money">&dollar;30 million<&sol;span> this year&period;<&sol;p>&NewLine;<p>Seasoned&&num;8217&semi;s Series A financing was led by Horizons Ventures&comma; with participation from TPG Growth and existing investors&period; The proceeds from the financing will be used to support Seasoned&&num;8217&semi;s expansion into new markets and continued enhancements to its products&period;<&sol;p>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>In <span class&equals;"xn-chron">July 2020<&sol;span>&comma; Seasoned relaunched with a mobile&comma; app-based recruitment and hiring tool for restaurants that complements its employee networking platform&period; On the back of releasing this next generation hiring product in <span class&equals;"xn-location">Dallas<&sol;span>&comma; Seasoned has partnered with more than 300 national and local restaurant brands that own and operate more than 100&comma;000 locations across the country&comma; and has added <span class&equals;"xn-location">Houston<&sol;span>&comma; <span class&equals;"xn-location">Austin<&sol;span>&comma; <span class&equals;"xn-location">Orlando<&sol;span>&comma; and <span class&equals;"xn-location">Miami<&sol;span> to its platform&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>&&num;8220&semi;We know from every restaurant owner that we talk to that hiring is their number one challenge&comma; and with millions of people searching for jobs&comma; we can make a real impact&comma;&&num;8221&semi; said Ware Sykes&comma; CEO of Seasoned&period; &&num;8220&semi;This funding will help us expand to new markets&comma; further develop our products&comma; and ultimately get more people employed&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Restaurants around the country consistently identify hiring as the biggest obstacle to growth&comma; and Seasoned helps managers hire quickly and efficiently&comma; while also connecting job-seekers with open hourly roles&comma; ultimately accelerating economic opportunity&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;re in a unique situation&semi; restaurants cannot hire fast enough&comma; but millions of people are still out of work&period; In Seasoned&comma; we see a huge opportunity to address that challenge at a time when the industry needs it&period; We&&num;8217&semi;re looking forward to an exciting year of growth&comma;&&num;8221&semi; said <span class&equals;"xn-person">Bart Swanson<&sol;span> from Horizons Ventures&period;<&sol;p>&NewLine;<&sol;div>&NewLine;