Gig Wage raised an additional $8.25M in a Series A extension led by Discover and Motley Fool to enhance their payments platform for the gig economy.
Gig Wage raised an additional $8.25M in a Series A extension led by Discover and Motley Fool to enhance their payments platform for the gig economy.
12/03/24, 10:46 PM
Location
Money raised
$8.25 million
Industry
fintech
finance
financial services
Round Type
series a
Investors
Revolution’s Rise Of The Rest Seed Fund, Continental Investors, Foundry Group, Green Dot, Chartline Capital Partners, Motley Fool, Discover
Dallas-based Gig Wage has relaunched with new features and successfully raised an additional $8.25 million for its Series A extension, increasing its total funding to $20.2 million. The funding comes from a mix of new and existing investors, including Discover, Motley Fool, and Chartline Capital Partners.
Company Info
Location
dallas, texas, united states
Additional Info
Gig Wage is a payments platform exclusively designed for the gig economy, providing a complete fintech infrastructure that simplifies payroll for independent contractors. The company offers tools such as instant payments, tax handling, and health benefits tailored for contractors. Founded in 2014, Gig Wage has paid out nearly $1 billion to almost a million contractors nationwide and experienced significant growth in 2023.