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Nowsta Raises $41M In Series B Funding To Reimagine The Way Employers Build And Deploy Hourly Workforces

Jan 19, 2022over 3 years ago

Amount Raised

$41 Million

Round Type

series b

Brooklyn

Description

Nowsta, a technology company building the operating system for hourly, gig, and flex workforces, today announces a $41M Series B round of financing led by GreatPoint Ventures, and joined by VMG Catalyst, Rally Ventures, Tribe Capital, and existing investors Green Visor Capital, Compound Ventures, and Clocktower Technology Ventures. This latest funding round will be used to help Nowsta scale operations across 25 new U.S. markets, double the size of the current team, and continue to drive innovation within Nowsta's platform offerings.

Company Information

Company

Nowsta

Location

Brooklyn, New York, United States

About

The company provides a comprehensive set of tools for employers to find, manage and pay hourly staff, and offers employees better ways to find work, organize new and existing shifts, and get paid faster.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech