[Funding alert] Hospitality HRtech Startup Slinger Secures £500K in Pre-Seed Funding
Oct 19, 2023 | By Team SR
Slinger, a startup in hospitality HRtech, secures £500K in pre-seed funding. In addition to the Google for Startups Black Founders Fund, where Slinger was chosen along with 15 other businesses from across Europe, this round of funding was led by Fuel Ventures and included contributions from Ufi Ventures, Andrew Gale, Dan Cobley (Ex Google MD), Cornerstone Partners, Resolution Foundation, Tim Parsons (Wage Stream CFO), Gary Elden (Ex SThree CEO), Ben Westwood, and Richard Ng.
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With the help of this new round of finance, Slinger aims to modernize the antiquated hiring procedure utilized in the hospitality sector.Slinger is a hospitality work platform that claims to offer the best salary and easiest path to employment in the UK, with the goal of removing the CV.
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According to Houston: “Our product development is laser-focused on developing more human-led tech solutions to connect people with businesses in a sustainable way. This helps businesses save time (the average shift goes in 60 seconds), offers them flexibility (temp staff), and saves them money (quick filling of shifts means they can open any time they want to, and our model offers a significantly cheaper pipeline to full-time staff.”
Lead investor, Fuel Ventures shared their thoughts on the startup: “So many hospitality businesses have problems with staffing, businesses have had to reduce shifts or even shut on certain days because they don’t have the staff and this has very much exacerbated today as a result of Brexit. Slinger will provide the flexibility for gig workers and alleviate staff shortages by removing the key inefficiencies and roadblocks for people to grab well paid flexible shifts.”
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With the funding, Slinger will be able to expand its staff and create a career program for its users that includes mentoring, up-skilling, interview practice, and work experience.
About Slinger
Slinger is an employment site that links side-hustlers, students, and hospitality professionals in the UK with fun, equitable, and flexible shifts in the industry. It is the first in its field to offer the best salary and most straightforward route to work in the hospitality industry in Great Britain.
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The tool has transformed the employment process for Slinger firms by doing away with outdated approaches (goodbye, job boards and CVs).
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Slinger provides fledgling and blossoming enterprises with a cost-effective approach to attract full-time staff should they subsequently need it by video vetting potential employees, removing advertised shifts on average after 60 seconds. The Slinger platform guarantees that firms receive competent staff members immediately.
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