Protiv Secures $2.4M in Pre-Seed Funding to Revolutionize Labor Payment Systems in Construction and Home Services Industries

We are thrilled to announce that Protiv has successfully raised $2.4 million in funding to further our mission of inspiring human potential and transforming the labor dynamics within the construction and home services sectors. With the pressing challenge of attracting and retaining talent—exacerbated by a staggering shortage of one million workers in construction alone—this investment will allow us to scale our innovative approach to compensation. At Protiv, we empower employers to link higher wages to employee performance without inflating labor costs. Our unique "ProPay" system incentivizes workers by offering a fixed piece-rate amount paid upon job completion to predetermined quality standards. Consequently, employees are motivated to enhance their productivity, resulting in significant improvements for businesses: clients typically see an increase in hourly wages for their teams by 10%, while average labor costs remain stable or even decrease. Additionally, teams complete jobs 15% faster, allowing for greater project capacity without compromising quality. This funding will be pivotal in refining our technology and reaching more businesses that struggle with low productivity and high turnover rates. We aim to revolutionize the way employers attract and incentivize top talent while fostering a workplace environment where employees feel valued and inspired. With our innovative approach, we stand poised to change the narrative around hourly pay systems and unlock the true potential of workers in the construction and home services industries. Contact Protiv today at michael@protiv.com to learn more about how we can help elevate your workforce!