Breaking
99% reported fill rate vs. ~46% industry average $45.6M raised from Founders Fund, Khosla & General Catalyst Instant Pay in ~30 min after a completed shift 18x fewer no-shows than industry benchmark Founders Fund called Traba its "best in the portfolio" Staffed the Super Bowl, Taylor Swift & Beyonce shows 99% reported fill rate vs. ~46% industry average $45.6M raised from Founders Fund, Khosla & General Catalyst Instant Pay in ~30 min after a completed shift 18x fewer no-shows than industry benchmark Founders Fund called Traba its "best in the portfolio" Staffed the Super Bowl, Taylor Swift & Beyonce shows
Company Dossier · Marketplace · Logistics

Traba is trying to fix the 6 a.m. staffing panic

The light industrial labor marketplace that swapped clipboards for software - and turned "did the crew show up?" into a solved problem.

Traba wordmark logo on a navy background with the tagline: Labor and intelligence for the industrial supply chain
TRABA, INC. - the "traba" wordmark and the line the company staked its identity on. Portrait of a brand: quiet type, loud ambition, one yellow underline. // caption in the Vincent Musi tradition
99%
Reported fill rate
$45.6M
Total raised
<1 day
To fill a shift
2021
Founded, Miami
The Business

A staffing agency, rebuilt as software

Traba runs a two-sided marketplace that connects the unglamorous backbone of the economy - warehouses, distribution centers, factories and event venues - with temporary workers who accept shifts through a phone app.

Every logistics operator knows the recurring nightmare: a shift is scheduled, a crew is promised, and at dawn half of them do not turn up. In traditional light industrial staffing, that is not an edge case. It is the model. Fill rates hover around 46%, turnover in the sector runs high, and it can take roughly a week to source workers through a patchwork of local agencies. Businesses have been known to turn down orders simply because they could not find enough hands.

Traba's answer is to treat labor supply as a technology problem. Businesses post shifts through a dashboard; workers browse and claim them in the Traba app; and an operations layer built from AI chatbots, automated calls, geolocation and computer vision handles vetting, scheduling, check-in and billing. The company reports a 99% average fill rate and shifts filled in under a day - the kind of numbers that, if they hold, invert the industry's defaults.

Founded in June 2021 and originally based in Miami before shifting its center of gravity to New York, Traba has grown from a few thousand workers to tens of thousands, serving more than a hundred business customers across multiple states. Its own framing has widened over time: from "light industrial staffing marketplace" to, in the CEO's words, "a technology company that increases the productivity and potential of the global supply chain - and staffing is just the beginning."

The practical promise is narrow and, for its customers, unusually valuable: when Traba says a crew will be there, the crew is there.

Traba is a technology company that increases the productivity and potential of the global supply chain - and staffing is just the beginning.
- MIKE SHEBAT, CO-FOUNDER & CEO (2024)
The Problem It Solves

Reliability, measured

Light industrial staffing is a large, fragmented market - tens of billions in the US alone - defined less by a shortage of workers than by a shortage of dependability. Traba's pitch is that most of that gap is fixable with product.

MetricIndustry standardTraba (reported)
Fill rate~46%99%
Time to fill a shift~7 daysUnder 1 day
No-showsBaseline~18x fewer
Worker payoutDays to weeksInstant Pay ~30 min
VettingManual, agency-by-agencyAI + interviews + site visits

FIGURES AS REPORTED BY THE COMPANY AND THIRD-PARTY RESEARCH (2022-2024). TREAT INDUSTRY BASELINES AS APPROXIMATE.

Products & Services

Three surfaces, one loop

Traba is really a single feedback loop split across three screens: a worker app, a business dashboard and an internal operations console that stitches them together.

For Workers

Traba App

Browse and accept shifts, set your own schedule, and build a portable work history. Workers in good standing get Instant Pay - earnings within about 30 minutes of finishing a shift - plus up to $1M in occupational accident and liability coverage.

For Businesses

Business Dashboard

Post jobs, pick workers, push training materials, and monitor staffing live with geolocation check-ins. Billing is automated with computer-vision timesheet processing, so hours are captured without a paper trail.

Behind The Scenes

Operations Console & Neo

An internal system that uses AI chatbots, SMS, push and automated calls to vet, schedule and coordinate workers - backed by local and 24/7 national ops teams. Neo extends Traba's tooling deeper into supply-chain operations.

How It Makes Money

Marketplace economics

Businesses set an hourly wage - a minimum around $13, historically averaging near $16, ranging up to about $38 - and Traba charges a markup on top. That take has been reported at roughly 37% of the contract, with a lighter (~15%) software-only option for companies that bring their own workers. Shifts carry a four-hour minimum. Workers use the platform for free and are classified as independent contractors.

The economics have moved in the right direction: contribution margins reportedly swung from below zero to about 66% over roughly 18 months, while revenue grew an estimated 465% year over year to around $7M annualized by early 2024.

Who Uses It

Two sides of the floor

Businesses: warehouses, distribution and fulfillment centers, manufacturing and food-processing plants, logistics operations and event venues facing seasonal spikes and high turnover.

Workers: hourly staff - forklift and equipment operators, material movers, assemblers, event crews - who want flexible shifts and fast pay. Reported scale has grown from ~12,000 workers to tens of thousands.

The Money

~$45.6M, one lead that kept re-upping

Founders Fund backed Traba at the seed, the Series A and again at the Series A-II - the last of which was, notably, the first check written from its Fund VIII.

Seed · 2021
$3.6M
Series A · 2022
$20M
Series A-II · 2023
$22M

Investors include Founders Fund, Khosla Ventures and General Catalyst, with earlier participation from SciFi VC, Atomic, Lux Capital and Village Global. The Series A valued the company at roughly $120M post-money; the 2023 round's valuation was not disclosed. No Series B has been publicly reported.

The universal consensus among the GPs was to preemptively offer to lead a round into Traba because it was the best in the portfolio.
- FOUNDERS FUND, ON THE 2023 SERIES A-II
The People

Founders, and "The Olympians"

Co-Founder & CEO

Mike Shebat

Passed through Goldman Sachs and Blackstone, saw industrial staffing up close at McMaster-Carr, then helped launch Uber Eats across 16 markets - marketplace training he brought straight to Traba.

Co-Founder & CTO

Akshay Buddiga

An engineering leader out of Zenefits and Fanatics - and, memorably, the teenager who fainted on stage at the 2004 Scripps National Spelling Bee, stood back up, and spelled the word right to finish runner-up.

The two met through the On Deck accelerator's intro channel in 2021 and started building almost immediately. Inside the company, employees call themselves "The Olympians." Shebat has openly described an "Olympian mindset" - long days, fully in-office, unapologetically anti-remote - recruiting heavily from Uber, Google, Meta, Airbnb, DoorDash, Palantir and Amazon. It is a culture that has drawn as much debate as admiration, and the company does not pretend otherwise.

Where It Fits

The field around it

Traba sits between two worlds: legacy staffing giants and a newer crop of gig marketplaces. Its wedge is going deep on one vertical - light industrial supply chain - rather than wide across every kind of shift work.

Tech-enabled marketplaces

The direct rivals

Instawork, Wonolo, Bluecrew, Veryable and Shiftsmart all chase on-demand hourly work. Traba's counter is a full operations stack - vetting, geotracking, computer-vision timesheets - aimed squarely at industrial reliability rather than breadth.

The incumbents

The giants it's undercutting

EmployBridge, Randstad and Adecco run the traditional light industrial staffing world at massive scale. Traba's bet is that software beats branch offices on fill rate, speed and cost - the metrics that actually keep a warehouse running.

The Story So Far

A short, fast timeline

2021

Founded in Miami

Shebat and Buddiga meet via On Deck and launch Traba, raising a $3.6M seed co-led by Founders Fund and General Catalyst about a month later.

2022

$20M Series A

Khosla Ventures leads a round at roughly $120M post-money to scale the marketplace beyond its early markets.

2023

$22M Series A-II led by Founders Fund

The first check from Fund VIII lands as revenue quadruples; Traba expands across several states with offices in Miami and New York.

2024

Repositioned as supply-chain technology

Traba reports ~$7M annualized revenue, a 99% fill rate and $1M worker insurance, and reframes itself around the broader industrial supply chain.

Watch & Listen

On the record

Quick Answers

FAQ

What does Traba do?

It runs a marketplace connecting light industrial businesses - warehouses, distribution centers, manufacturers and event venues - with vetted temporary workers who accept shifts through a mobile app, using AI, geolocation and computer vision to fill shifts quickly and reliably.

Who founded Traba, and when?

Mike Shebat (CEO) and Akshay Buddiga (CTO) founded it in 2021 after meeting through the On Deck accelerator.

How does Traba make money?

Through a marketplace markup on top of the hourly wage a business sets - reported at around 37% of the contract - with a lighter software-only option. Workers use the platform for free as independent contractors.

How much has Traba raised?

About $45.6M: a $3.6M seed (2021), a $20M Series A led by Khosla Ventures (2022), and a $22M Series A-II led by Founders Fund (2023).

How is it different from a traditional staffing agency?

Traba replaces phone trees and branch offices with software - an operations console, worker app and business dashboard backed by AI vetting, geotracking, computer-vision timesheets and Instant Pay - reporting a 99% fill rate versus a ~46% industry average.

SOURCES: traba.work · Contrary Research · The Generalist · TechCrunch · GlobeNewswire · Refresh Miami · 20VC. Figures reported 2022-2024 and approximate where noted.