What is Structural?
Founded in 2017 and based in Minnesota, Structural operates as a B2B platform designed to match people with the appropriate skill sets, offering a date-filled program. As a marketplace company, Structural aims to streamline the process of identifying and engaging talent based on specific competencies, catering to enterprise needs for skilled personnel. The company's focus on a date-filled program suggests a structured approach to skill deployment and project management within its B2B offerings.
How much funding has Structural raised?
Structural has raised a total of $4.8M across 3 funding rounds:
Other Financing Round
$2.5M
Debt
$350K
Unspecified
$2M
Other Financing Round (2018): $2.5M with participation from Great North Labs venture fund, The Syndicate Fund, High Alpha, Rise of the Rest Seed Fund, and Matchstick Ventures
Debt (2020): $350K led by PPP
Unspecified (2021): $2M supported by Augeo Affinity Marketing Inc and Rise of the Rest
Key Investors in Structural
Great North Labs venture fund
Great North Ventures is a venture capital fund and studio that invests in early stage, capital-efficient tech startups utilizing breakthrough technologies. The firm focuses on sectors such as digital transformation through AI, addressing labor challenges, and developing community-driven applications.
The Syndicate Fund
The Syndicate Fund (TSF) management team sources, vets, and makes investment decisions from their traditional early stage venture fund in pre-seed and seed stage startups with high growth potential. Once TSF has formally committed, the startup has the opportunity to provide diligence information and reach out to our Syndicate members to pitch for additional capital.
High Alpha
High Alpha is a venture firm that creates and funds B2B SaaS companies, partnering with founders to build businesses that reach their full potential. They invest in enterprise software companies and co-create with founders to explore, build, and scale together.
What's next for Structural?
The recent major strategic investment signals a pivotal phase for Structural, likely indicating a move towards scaling operations and enhancing its platform's capabilities. With substantial enterprise-level backing, the company is well-positioned to expand its market reach, refine its B2B marketplace offerings, and potentially explore new verticals or service enhancements. This capital injection is a strong indicator of investor confidence in Structural's business model and its potential to disrupt the talent acquisition and skill-matching landscape.
See full Structural company page
