Wilya, previously known as Gig and Take, has announced a significant milestone with the closure of a $4 million seed funding round led by Ironspring Ventures. This funding underscores Wilya’s innovative approach in revolutionizing HR practices within the manufacturing and supply chain sectors through its advanced SaaS platform.
Founder and CEO Rahil Siddiqui expressed excitement about the company’s evolution, stating, “Wilya is tackling critical challenges in manufacturing with technology-driven solutions informed by our expertise in HR and tech.” The rebranding reflects Wilya’s commitment to enhancing its SaaS capabilities, empowering businesses to strategically manage and optimize skilled labor amidst economic volatility.
The funding round saw participation from prominent investors including Schematic Ventures, Plug & Play Ventures, Iron Prairie Ventures, Motivate Ventures, and 25Madison, affirming confidence in Wilya’s vision and rapid commercial growth trajectory.
“We are impressed by Wilya’s ability to drive productivity gains and operational efficiency in manufacturing,” remarked Ty Findley, Co-Founder & General Partner at Ironspring Ventures, who will join Wilya’s board. With a focus on modernizing workforce management, Wilya’s platform facilitates agile deployment of skilled labor, addressing labor shortages and enhancing productivity amidst evolving industry demands.
Wilya’s intuitive SaaS platform serves as a ‘skills operating system,’ tailored for frontline supervisors in manufacturing, warehousing, and distribution. By optimizing resource allocation and supporting flexible work models, Wilya empowers companies to reduce costs associated with contract workers and overtime, thereby fostering a more efficient and adaptable workforce.
As manufacturing faces significant workforce challenges exacerbated by demographic shifts and legislative changes like the CHIPS Act and IIJA, Wilya emerges as a strategic partner poised to drive transformative change. The company’s innovative approach has garnered recognition, including the prestigious MHI Innovation Award, underscoring its impact in reshaping traditional HR paradigms. https://www.wilya.com.
Editorial Opinion:
Wilya’s trajectory underscores its significant potential to revolutionize the manufacturing and supply chain sectors with its innovative HR SaaS platform. By securing $4 million in seed funding led by Ironspring Ventures and supported by a consortium of strategic investors, including Schematic Ventures and Plug & Play Ventures, Wilya demonstrates robust investor confidence in its vision and capabilities. The company’s rebranding reflects a strategic pivot towards enhancing workforce flexibility and efficiency, addressing critical industry challenges exacerbated by labor shortages and economic volatility. Led by Founder and CEO Rahil Siddiqui, Wilya leverages deep industry knowledge and technological expertise to develop a ‘skills operating system’ tailored for modern manufacturing environments. This platform not only streamlines workforce management but also empowers businesses to optimize resource allocation and operationalize agile workforce strategies. With accolades like the MHI Innovation Award recognizing its transformative impact, Wilya is poised to lead the charge in reshaping traditional HR practices, driving sustained growth, and fostering resilience in the manufacturing and supply chain landscape.