Sierra Angels Announces Oversubscribed Investment Round for ZippyApp
INCLINE VILLAGE, Nevada (PRWEB) January 06, 2015 -- Sierra Angels, a premier angel investment group with principal focus in Northern Nevada and the I-80 corridor of Northern California, has closed a new investment deal in the human capital space. ZippyApp, a Sunnyvale company, received funding from Sierra Angels Members that helped to oversubscribe their Series A round.
As the deal lead, Sierra Angels also worked closely with the Sacramento Angels to bring this round to a close. Additionally, Ron Randolph-Wall, a Sierra Angels Member, has been appointed to the Board of Directors. Randolph-Wall brings relevant expertise in the fields of marketing and telemarketing to this fast growing company.
ZippyApp, a common application platform for hourly job seekers and employers, will leverage the raise to aggressively pursue strategic partnerships and expand their customer base. They plan to add multiple franchises to their list of customers, including movie theaters, while furthering their traction within the fast food industry.
Randolph-Wall noted, “ZippyApp’s unique suite of services encompassing interactive user interfaces with HR integration for employers gives it a singular position in the human capital space.”
"We are very excited to be a part of Sierra and Sacramento Angels' portfolios. The due diligence process was very thorough and helpful, and the combined value-add of the participating investors enabled us to reach our financing goal," said Kamyar Faron, Founder and CEO of Talentral/ZippyApp. "These funds have enabled us to accelerate our market adoption and growth," Faron added.
ZippyApp has developed proprietary software to support the job application process for hourly wageworkers through cloud-based computing and a mobile application. With the scan of a QR code, a prospective hire can fill out an application and send it to an employer, eliminating paper waste and creating a more streamlined and simplified hiring process. Employers benefit from an application management service that offers fully customized solutions for applicant matching, multi-location and position posting, mobile hosting, and branding personalization.
About Sierra Angels
Founded in 1997, Sierra Angels is Nevada’s premier angel investment group in North Lake Tahoe. Sierra Angels is one of the first angel groups to become a certified, Established Angel Group (EAG) by the Angel Capital Association. Operating on a high value-add model, Sierra Angels provides funding, mentoring, and strategic introductions for meritorious early-stage technology companies in Nevada and Northern California. Sierra Angels is very active in collaborating with other lead angel groups and early stage VCs, while supporting entrepreneurial initiatives within the surrounding communities. More information can be found at http://www.sierraangels.com.
About ZippyApp
ZippyApp is a marketplace for frontline hourly jobseekers and employers. Employers create a hiring page and list their open positions. Jobseekers fill out a single common employment application and add their resume/cover letter. Then, they scan the employer’s QR code and submit their application package with one click. The system utilizes Responsive Web Design; natively optimizes for any browser including mobile - no need for a mobile-app. More information can be found at http://www.zippyapp.com.
Kelly Benson, Sierra Angels, http://www.sierraangels.com, +1 9168133370, [email protected]
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