Indeed acquires staffing app Syft

30 May 2019 by
Indeed acquires staffing app Syft

Job site Indeed has agreed to acquire hospitality recruitment platform Syft.

The staffing platform was founded in 2015 by Jack Beaman and Novo Abakare, who had raised funding from investors including Creandum, PROfounders Capital, and David Haye. Both will continue with the business.

Syft provides a recruitment solution and shift management tool for part-time and flexible work, connecting vetted jobseekers with shifts through its app.

Indeed chief executive Chris Hyams said: "At Indeed our mission is to help people get jobs. Syft's simple and transparent approach to shift-work hiring is an innovative solution to the growing demand for part-time and flexible work. We look forward to supporting the Syft team as they continue to improve the hiring experience."

Beaman added: "Syft's vision to build the future of work aligns with Indeed's core mission. At Syft, we set out to create a win-win platform to better serve jobseekers and employers, underpinned by values of fairness and transparency. Demand for flexible work continues to surge as both jobseekers and employers look for greater control and choice. We are excited to grow with Indeed."

TagsCareers, Syft and M&A
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