Gig Wage operates a FinTech payroll platform that enables employers to instantly pay 1099 workers and provides independent contractors an efficient way to receive payments. Founded in 2014 and based in Dallas, the company serves the 1099 workforce. It raised $3.25M in venture debt from Silicon Valley Bank, which the company intends to deploy into key growth areas. Gig Wage has raised $16.45M to date from backers including Green Dot Corporation, Silicon Valley Bank, Foundry Group, Continental Investors, Techstars and Revolution’s Rise of the Rest Seed Fund. The company also announced several senior hires, including Clarisa Lindenmeyer as Chief of Staff to the CEO and Chief Brand Officer, alongside additions to its go-to-market and executive teams. Management additions are intended to build the Office of the CEO and grow the brand image, experience and promise both internally and externally. Gig Wage provides payroll, payment, and banking services tailored to the gig marketplace. The company operates a payments platform that integrates payroll and banking functionality for gig workers. In October 2020 it closed a $7.5M Series A led by Green Dot, strengthening its financial position. As part of the deal Green Dot will act as Gig Wage's infrastructure bank partner, adding banking services to Gig Wage's payment services platform. The round also included Continental Investors, Techstars, Rise of the Rest and others. Gig Wage is based in Dallas, Texas and was founded in 2014.

Total raised

$11M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jul 2021