About Traba
Traba is a company based in Miami (United States) founded in 2021 by Mike Shebat, Gonzalo De Mujica, and Akshay Buddiga.. Traba has raised $45.61 million across 2 funding rounds from investors including Khosla Ventures, Founders Fund and General Catalyst. Traba offers products and services including Contract Hire, Project-Based Hiring, Temp-to-Hire, and Direct Hire. Traba operates in a competitive market with competitors including Instawork, Jobandtalent, Wonolo, Awign and smartstaff, among others.
- Headquarter Miami, United States
- Founders Mike Shebat, Gonzalo De Mujica, Akshay Buddiga
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Traba, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45.61 M (USD)
in 2 rounds
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Latest Funding Round
$22 M (USD), Series A
Oct 26, 2023
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Investors
Khosla Ventures
& 4 more
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Employee Count
Employee Count
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Products & Services of Traba
Traba offers a comprehensive portfolio of products and services, including Contract Hire, Project-Based Hiring, Temp-to-Hire, and Direct Hire. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flexible workforce for seasonal or short-term business needs.
Talent for time-bound projects with fixed start and end dates.
Contract workers who may transition to permanent roles.
Permanent hiring with screening for specific skills.
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Funding Insights of Traba
Traba has successfully raised a total of $45.61M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $22 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $22.0M
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First Round
First Round
(07 Jul 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - Traba | Valuation | Founders Fund | |
| Jul, 2022 | Amount | Series A - Traba | Valuation | Khosla Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Traba
Traba has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Khosla Ventures, Founders Fund and General Catalyst. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Traba
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Traba
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Traba Comparisons
Competitors of Traba
Traba operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Instawork, Jobandtalent, Wonolo, Awign and smartstaff, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based on-demand staffing platform for multi-industry
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| domain | founded_year | HQ Location |
On-demand staffing is enabled via a cloud-based matching platform.
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| domain | founded_year | HQ Location |
On-demand staffing platform is operated for job matching and shifts.
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| domain | founded_year | HQ Location |
On-demand internships are offered via a cloud-based platform across industries.
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| domain | founded_year | HQ Location |
Provider of workforce management platform for blue collar employee lifecycle management
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Traba
Frequently Asked Questions about Traba
When was Traba founded?
Traba was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Traba located?
Traba is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Traba?
Mike Shebat is the current CEO of Traba. They have also founded this company.
Is Traba a funded company?
Traba is a funded company, having raised a total of $45.61M across 2 funding rounds to date. The company's 1st funding round was a Series A of $23.61M, raised on Jul 07, 2022.
What does Traba do?
Traba was founded in 2021 in Miami, United States, as an online platform focused on contract workforce recruitment. Jobs are matched with workers based on skills, experience, category, location, and shifts in sectors such as warehouses, packing, event operations, and food production. Vacancies are posted by companies, roles and shifts are created, and tools for calendars, worker management, and timesheets are provided.
Who are the top competitors of Traba?
Traba's top competitors include Instawork, Jobandtalent and Wonolo.
What products or services does Traba offer?
Traba offers Contract Hire, Project-Based Hiring, Temp-to-Hire, and Direct Hire.
Who are Traba's investors?
Traba has 5 investors. Key investors include Khosla Ventures, Founders Fund, General Catalyst, SciFi VC, and Atomic.
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