FactoryFix is a technology company.
FactoryFix has raised $2.0M across 1 funding round.
FactoryFix has raised $2.0M in total across 1 funding round.
FactoryFix has raised $2.0M in total across 1 funding round.
FactoryFix's investors include Dundee VC, Matchstick Ventures.
FactoryFix is an AI-powered recruiting platform that connects manufacturing companies with skilled trades professionals, automating sourcing, screening, and engagement to address labor shortages.[1][5] It serves sectors like aerospace, automotive, food & beverage, and warehousing, solving the challenge of hiring specialized talent such as CNC machinists and welders amid over a million open jobs.[1][2] Founded in 2015 in Chicago, the company raised $16 million total, including a $10 million Series A in 2022 led by Grotech Ventures, fueling 400% revenue growth that year to an estimated $22.2 million, with a talent network exceeding 300,000 (now over 10 million profiles).[1][4][5]
FactoryFix was founded in 2015 by Patrick O’Rahilly, its CEO, in Chicago, Illinois, targeting the manufacturing sector's hiring inefficiencies.[1][4] O’Rahilly identified a "crippling labor shortage" with persistent open roles, launching an on-demand platform likened to Uber for machinists—enabling quick access to skilled workers without traditional recruitment delays.[1][2] Early traction built through tech streamlining candidate scoring and responsiveness, evolving into AI-driven tools; by 2022, it secured $10 million in Series A funding after 400% revenue growth, expanding its network and community coaching for next-gen workers.[1]
FactoryFix rides the AI transformation in manufacturing recruitment, capitalizing on persistent labor shortages (over 1 million U.S. jobs open) and the need for rapid scaling in sectors like automotive and semiconductors.[1][3] Timing aligns with post-pandemic supply chain pressures and Industry 4.0 demands for skilled labor, where AI automates repetitive tasks to boost productivity and output quality.[3] Market forces like talent mobility via job boards intensify competition, but FactoryFix's specialized network gives manufacturers a competitive edge in onboarding day-one ready pros.[1][3] It influences the ecosystem by fostering a skilled trades renaissance, coaching new entrants, and enabling firms to adapt to dynamic demands without hiring delays.[1]
FactoryFix is poised to dominate AI recruiting for manufacturing as labor gaps widen and AI advances enable hyper-precise matching across 10M+ profiles.[3][5] Upcoming trends like deeper machine learning for predictive hiring and expanded sectors (e.g., robotics, green manufacturing) will accelerate growth, potentially doubling its network and revenue. Its influence may evolve into a full talent ecosystem, blending recruitment with upskilling to reshape blue-collar careers—cementing its role as the go-to platform for an industry hungry for speed and precision.[1][3]
FactoryFix has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in March 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2020 | $2.0M Seed | Dundee VC, Matchstick Ventures |