Parqua

PARQA

PARQA Secures Funding to Modernize Staffing Through Innovative SaaS Solutions

Traction Capital has invested in PARQA, a technology consulting and implementation firm built to help staffing and recruiting firms modernize and grow. This investment marks the second deployment from Traction Capital’s recently launched second fund.

Led by Jared Hummel and Adam Post, PARQA empowers staffing agencies to unlock measurable business value through strategic technology implementation. With deep expertise in the Salesforce and Bullhorn ecosystems, PARQA partners with clients to streamline operations, enhance candidate and client experiences, and improve digital transformation outcomes.

PARQA has its roots within Versique, a Minnesota-based staffing and search firm, where it was originally operated as an internal division. Jared Hummel, formerly Versique’s CFO and a longtime entrepreneur, purchased PARQA and spun it out as a standalone company. Since then, he has assembled a strong leadership team, including Julie Haldorson, Dan Woodbeck, and Adam Post, each bringing a wealth of industry and technology experience to the business. Notably, Adam Post was also a part of Magnet 360, a Salesforce consulting firm acquired by Mindtree, where Traction Capital growth Partner Matt Meents previously served as CEO.

Meents, who brings firsthand experience scaling and exiting a Salesforce consulting business, will serve as a mentor and Traction Capital Strategic Growth Partner for PARQA. “We see a huge opportunity to modernize staffing agencies’ talent acquisition processes in a way that truly helps more people get to work. PARQA brings a rare combination of industry-specific expertise and a deep understanding of how to implement technology that delivers results. Their deep alignment with the Salesforce ecosystem and experience implementing solutions built on the platform make them uniquely equipped to drive meaningful change in this space. With their new SaaS product, they’re improving the experience for both candidates and staffing agencies, accelerating time to hire and driving stronger engagement across the board.”

With staffing firms increasingly investing in technology to stay competitive in a fast-evolving market, PARQA is playing a pivotal role in ensuring those investments yield real results. From optimizing ATS and CRM performance to integrating AI and automation tools, the company’s services are tailored to meet the operational demands of staffing professionals.

“This investment from Traction Capital marks a major milestone in PARQA’s journey. It validates our belief that the staffing industry is ready for a new era of technology-driven growth—and that PARQA is uniquely positioned to lead that charge. With the backing of a partner like Traction and the strategic guidance of Matt Meents, we’re accelerating our mission to help staffing firms leverage Salesforce, Bullhorn, automation, and AI to create scalable, efficient, and future-ready operations,” said PARQA’s Founder & CEO, Jared Hummel.

The investment reflects Traction Capital’s ongoing commitment to backing high-potential Midwestern businesses with strong leadership and clear market differentiation. As the firm continues deploying capital from its second fund, PARQA joins a growing portfolio of companies focused on smart, scalable growth.

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Scott litman

strategic growth partner

Scott Litman is a serial entrepreneur, advisor, and investor who brings decades of hands-on startup and growth experience to Traction Capital. With five successful company exits and a long list of accolades, he’s a driving force behind innovation and scale in Minnesota’s business community.

As a Strategic Growth Partner, Scott has an immense level of experience in entrepreneurship that he brings to Traction Capital.  He has gone from startup, funding, growth and exit five times (Imaginet Inc, Spot Buy Spot, Imaginet LLC, Magnet 360 & Lucy). In that time, he has received a number of honors & awards including E&Y Entrepreneur of the Year, Business Journal Titan of Technology, University of Minnesota Outstanding Achievement, Smart Business Dealmakers Hall of Fame, Twin Cities Business 100 People to Know / Watch (3 times), Minnesota Business The (Real) Power 50 and Business Journal 40 Under 40. Along the way, Scott has experienced being #1 in The Business Journals Fast 50, made the Inc 500 and has worked with over 25% of the Fortune 500.

Scott founded the Minnesota Cup, the largest state wide business plan competition in the US and has been on the Board of Advocates for Backpack, a student run marketing and communications agency out of the University of Minnesota.

Scott has served on the BOD, Advisory Board or been advisor to a number of startups that have had tremendous success including Enstratus (acquired by Dell), InStereo (acquired by Salesloft), HealthSimple (acquired by J&J), Hollywood Fashion Secrets (acquired by American International Industries), I See Me (acquired by The McEvoy Group) and more.