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Announced

Completed

Founders Fund led a $22m Series A funding round in Traba.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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marketplace platform

industrial staffing

Minority

Private Equity

Venture Capital

Single Bidder

United States

Acquisition

Online and Social Platforms

Private

Friendly

Domestic

Completed

Synopsis

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Founders Fund, a venture capital firm, led a $22m Series A funding round in Traba, a marketplace platform for light industrial staffing, with participation from Khosla Ventures. “Traba is poised for extraordinary success. The company has quadrupled their revenue over the past year and is still accelerating growth every quarter. We almost never see companies sustain this speed of customer adoption while simultaneously expanding contribution margins. The high performance culture of Traba is equally rare and tracks the iconic companies at our roots. As a result, Founders Fund is thrilled to kick off FF8 with a signature investment in Traba,” Keith Rabois, Founders Fund General Partner.

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