Ganaz announced a $7 million Series A round of venture capital for its onboarding and workforce management app focused on agriculture and food manufacturing. This brings its total raised to $10.4 million.
Ganaz currently offers employee onboarding, training, communication and workforce analytics and has announced the release of the Ganaz Mastercard® Payroll Card for later this year.
Agricultural employers face increasing margin compression due to supermarket consolidation and regulatory pressure. Ganaz helps growers lower costs by automating labor-intensive processes like hiring, training, worker communications, and payments. Employers also face a worsening labor shortage; in one recent survey, 56 percent of farmers reported being unable to hire the labor they needed. Ganaz provides solutions to attract and retain these essential workers.from the Ganaz funding announcement
Every industry has its unique requirements. Specialization can be a smart path to growth in work tech and is a great way to drive momentum in early stages. While the content and some compliance issues may be industry-specific, the features delivering it would play across industries that have seasonal and contingent/temporary workforces, hourly work/pay arrangements, and the need to reach non-desk workers via a mobile interface.
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Source: Post – Ganaz