Nowsta, a Brooklyn, NYC-based technology company building operating systems for gig workforces, raised $35M in Series C funding.
The round, which brought the total amount to $93M, was led by VMG Partners and joined by Builders VC along with existing Series B funders.
The company intends to use the funds to enhance the advanced technology in Staffing Labs, further develop its AI-driven workforce management platform and continue to build out the executive leadership team that supports this technology.
Led by CEO Nick Lillios, Nowata specializes in flexwork to help employers source, manage and build pools of contingent workers and empower their workforce with economic opportunities on their terms. By partnering with staffing companies, Nowsta Staffing Labs aggregates a large marketplace of contingent labor nationwide, all available within the platform for their clients to utilize. Having direct access to this larger and more diverse pool of qualified workers, its clients can easily find the right talent for their specific needs.
As part of Staffing Labs, agencies gain access to Nowsta’s automation tools that utilize market data and company attributes to connect agencies and their workforce with profitable jobs.
FinSMEs
06/11/2023