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Skillit

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AI-powered recruiting platform for the construction industry

New York City, United StatesFounded 2021eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2023
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Skillit and the history behind them.

About Skillit

Skillit is a data-driven recruiting platform designed to address the skilled labor shortage in the construction industry. Founded in 2021 by Fraser Patterson, a former carpenter and general contractor, the company connects contractors with vetted, full-time craft workers across the United States. Patterson's firsthand experience with the difficulties of hiring skilled labor in his own construction businesses motivated him to create a technology-based solution. He realized that the core issue was a lack of digital infrastructure to make skilled workers discoverable.

The platform operates on a subscription-based model for employers, allowing contractors to access a growing network of qualified workers. For the craft workers, the platform is free. Skillit serves top ENR contractors and specialty trade partners, providing them with rich, data-driven profiles of workers across more than 35 trades. The company uses proprietary, trade-specific assessments to vet workers' skills, providing employers with confidence in their hiring decisions. Key features include "Sam," an AI assistant that automates interview scheduling, a map view to see candidate locations and commute times, and AI-driven pay guidance to help contractors make competitive offers.

Skillit has raised a total of $13.6 million in funding over two seed rounds. The first round in January 2023, led by Building Ventures, raised $5.1 million. A subsequent round in July 2023, led by MetaProp and Bow Capital, secured an additional $8.5 million. This funding is being used to expand into new markets, enhance product offerings, and grow the team. The platform has demonstrated significant growth, reporting a 540% increase in customers and a 1000% increase in skilled worker sign-ups year-over-year.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
New York City, United States
Employees
25
Open positions
None listed
Dealroom signal
85.4/100
Industry
Jobs Recruitment
Sector
eCommerce & Marketplaces, horizontal marketplaces
Business model
Marketplace & ecommerce
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jun 2026 $0 — DPR Construction · Suffolk Technologies · WND Ventures ↗
EARLY VC✓Equity / VC Jul 2023 $8.5M $34M Bow Capital · Building Ventures · MetaProp ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Skillit website traffic

Latest recorded traffic for Skillit is 17K monthly website visits, down 66% over the last three months. Skillit's team grew 38.9% over the past year.

Latest monthly visits17K 3-month web change-66% 1-year team growth+38.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • Takeoff Capital
  • Holt Ventures
  • Building Ventures
  • MetaProp
  • Great North Ventures
  • 1Sharpe Ventures

Series A4 investors entered at this stage

  • Bow Capital
  • DPR Construction
  • Suffolk Technologies
  • WND Ventures

Other known investors1 additional known investor

  • Great North Labs
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States90%
🇮🇳 India10%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Skillit on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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