Betterplace raised $12 million from its existing investor Singapore-based Jungle Ventures

Blue collar workforce management startup Betterplace raised $12 million from its existing investor Singapore-based Jungle Ventures.

Betterplace began as a KYC verification firm. However, the startup quickly shifted its focus and began providing employee lifecycle management services such as onboarding, background verification, training, and certification, as well as attendance management and employee upskilling. Betterplace currently works with 1,500 businesses. Rocket, a D2C-based product from the startup, claims to provide a pre-verified and pre-skilled pool of frontline workforce. BetterPlace Select, BetterPlace’s Workforce Fulfillment business vertical, also provides flexible and contractual staffing solutions to its clients via its platform play.