Instawork Raises $18M in Funding

instaworkInstawork, a San Francisco, CA-based on-demand staffing app for gig workers and hospitality businesses, raised $18m in funding.

Backers included Spark Capital, GV, Burst Capital, Benchmark, Y Combinator, Tuesday Capital and SV Angel. In conjunction with the funding, Nabeel Hyatt, a general partner at Spark Capital, will join the Instawork board.

The new funding will be used to accelerate expansion across the United States.

Led by Sumir Meghani, CEO & Co-Founder, Instawork provides a platform for local businesses to fill permanent and temporary openings with qualified professionals in their communities.
The company, which has just expanded into Greater Phoenix (across Phoenix, Scottsdale, Mesa, and surrounding areas), is also opening its second U.S. office in Scottsdale with plans to hire dozens of full time employees.

It also has offices in Bangalore.

FinSMEs

23/05/2019

 

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