Asset Manager

Updated:

Snagajob

Snagajob is a digital marketplace founded in 2000 connecting hourly workers with employers across retail, hospitality, and logistics.

Snagajob

Snagajob was founded in 2000 by Shawn Boyer in Glen Allen, Virginia, as an online platform targeting the hourly workforce — a segment often overlooked by traditional white-collar job boards. The company has since shifted ownership through several rounds of venture capital and private equity backing. The strategy centers on operating a two-sided digital marketplace: Snagajob aggregates job listings from employers in retail, food service, hospitality, and light industrial sectors, while providing mobile-first application tools for hourly workers. The platform has expanded into scheduling software and applicant tracking systems, moving beyond pure job listings into workforce management. Confirmed investors over its history include Battery Ventures and Adams Street Partners. The firm has raised over $200 million in venture funding across multiple rounds (per PitchBook, 2021). As of 2024, Snagajob continues to operate with a focus on the US hourly employment market, though public disclosure on team size or additional offices remains limited. Snagajob's structural differentiator is its exclusive focus on hourly workers — a market representing roughly 60% of the US workforce — rather than competing directly with broad platforms like Indeed or LinkedIn. This vertical niche allows the firm to tailor its product for high-turnover industries and shift-based scheduling.

General information

Firm type

Asset Manager

Year founded

2000

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Glen Allen

Corporate office

Glen Allen, VA, United States

Principals

Shawn Boyer

Founder

Mathieu Stevenson

CEO (current)

Sector focus

Enterprise SoftwareHuman CapitalDigital Marketplaces

Frequently asked questions

Who runs investment decisions at Snagajob?

Snagajob is an operating company rather than an investment vehicle; strategic decisions are made by its board of directors and executive team, including CEO Mathieu Stevenson. The firm has historically been venture-backed, with major investors including Battery Ventures and Adams Street Partners.

How does Snagajob source proprietary deal flow?

Snagajob does not operate as an investment firm; its business model involves employer partnerships and job listings. It sources employer-side clients through sales outreach and digital marketing, not investment origination.

Is Snagajob structured as a single family office or does it operate more like a venture firm?

Snagajob is an independent operating company, not a family office or venture firm. It was founded as a for-profit technology business and has raised venture capital, but is fundamentally a marketplace platform.

Does Snagajob participate in fund commitments or only direct deals?

Snagajob does not make investment commitments; it operates a digital platform for hourly job listings and workforce management. The term does not apply to its business model.

What investment stages does Snagajob typically target?

Investment stage terminology does not apply to Snagajob; it is an operational business, not an investment manager. It has raised venture capital at Series A through later rounds historically.

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