Instawork operates a mobile-first digital marketplace that connects over 4 million skilled hourly workers with tens of thousands of businesses in food & beverage, hospitality, and warehouse/logistics. The platform serves more than 30 markets across the U.S. and Canada and is led by CEO Sumir Meghani; the company was founded in 2016. Instawork's core product is an AI-powered mobile app and platform that enables employers to fill temporary and permanent job opportunities and manage workforces. The company plans to invest the new funding to accelerate AI-driven capabilities, release self-serve features to post shifts in seconds, and build custom data-powered workforce management interfaces. Financially, Instawork raised $60M in a Series D that brings total funding to $160M. Investors on the round include TCV, 9Yards Capital, Larry Fitzgerald Jr., and existing backers Benchmark, Spark Capital, Craft Ventures, and Greylock. Instawork operates a digital marketplace matching local businesses with qualified hourly professionals across food & beverage, hospitality, and warehouse/logistics. Pros register profiles that capture experience and skills and can access short-term and long-term opportunities; the platform shows workplace reviews and hourly pay. The company connects thousands of businesses and more than one million workers across more than 25 U.S. markets, with average hourly pay around $18. Founded in 2016 and led by CEO Sumir Meghani, Instawork uses technology to fill temporary and permanent roles and to support local economies. With the new funding, the company plans to expand into new markets, job categories, and industries and to invest in training and development to help hourly professionals advance. Financially, Instawork raised $60M in a Series C that brought total funding to $100M. Instawork operates an on-demand staffing platform that allows local businesses to fill permanent and temporary openings with qualified professionals in their communities. Led by CEO and co-founder Sumir Meghani, the company targets gig workers and hospitality businesses. The company raised $18M in funding and plans to use the proceeds to accelerate expansion across the United States. Instawork has expanded into Greater Phoenix (including Phoenix, Scottsdale, Mesa and surrounding areas) and is opening its second U.S. office in Scottsdale, with plans to hire dozens of full-time employees. It also maintains offices in Bangalore. In conjunction with the funding, Spark Capital partner Nabeel Hyatt will join the Instawork board.

Total raised

$138M

Funding rounds

3

Latest round

Series D

Latest activity

May 2023