Wonolo
25 Taylor Street, San Francisco, California, 94102, United States
Overview
Wonolo, founded in 2014 by CEO Yong Kim and based in San Francisco, operates a mobile-first online platform that connects businesses with temporary frontline workers. To date, over 1 million workers—called “Wonoloers”—have used its mobile app to pick up jobs and have earned hundreds of millions of dollars. Customers include Uniqlo, Aramark, Peloton and Driveline Retail. The company raised $138M in growth funding to accelerate its expansion and product roadmap. Wonolo plans to use the proceeds to speed continued growth, invest in mobile-first tech innovations, and expand in markets across the United States. It intends to deepen market share in top cities including Newark, Dallas, Atlanta, New York City, Chicago, Phoenix, Nashville, Tampa, San Antonio, Miami, Columbus, Austin, Houston, Raleigh, Indianapolis, Denver, Seattle, Salt Lake City, and Philadelphia. Wonolo operates a marketplace that connects hourly and blue-collar workers with businesses that need temporary staff in sectors like retail, manufacturing and shipping. Employers can post jobs in seconds and Wonolo reports jobs are often filled in minutes; payment is processed after a job is complete and workers are vetted before onboarding. The platform says it has 300,000 registered users and serves customers including Coca-Cola, Papa John’s and Uniqlo. Wonolo was founded in 2014 and positions itself as an alternative to traditional staffing agencies and newer on-demand platforms. The company plans to use its latest funding to expand its staff and continue growing its business and enterprise relationships. Financially, Wonolo has now raised $60 million in total and recently closed a $32 million Series C to support that expansion. Wonolo is an on-demand staffing marketplace that places underemployed hourly workers with unfilled work shifts at businesses in retail, manufacturing, shipping and logistics, ecommerce and other industries. Led by Yong Kim, CEO and co-founder, the San Francisco-based platform has been used by tens of thousands of hourly workers to find work when they need it. The company partners with thousands of companies, including Coca-Cola, Papa Johns and Uniqlo, to fill open shifts. Wonolo closed a $13M Series B that brought its total venture funding to $25M. The company plans to use the new capital to scale operations, launch in new local U.S. markets, add strategic partners and sign up more companies to the marketplace. Wonolo operates a platform that helps people find short-term, local work on demand and enables companies to fill immediate staffing needs. The company entered the San Francisco Bay Area market in December 2013 after support from The Coca‑Cola Company’s Innovation Accelerator program. Wonolo raised $2.2 million at a $7.5 million valuation, giving it initial capital to expand its market presence. Coca‑Cola provided a $1.0 million convertible note and an additional $700,000 note that will convert on the next round. The funding round was led by PivotNorth Capital and included CrunchFund, Foundry Group, and angel investors. The company’s stated vision is for people to find work whenever, wherever and for whomever they want, and for companies to fill immediate needs quickly.
- Total raised
- $187M
- Funding rounds
- 6
- Latest round
- Equity
- Latest activity
- Oct 2021
Industries
- Freelance
- Local
- Marketplace
- Staffing Agency
Recent funding
Equity
Oct 2021
$138M
Series C
Nov 2018
$32M
Series B
Apr 2018
$13M
Convertible Note
May 2015
$1M