Instawork

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Instawork CEO and Co-founder, Sumir Meghani, was recently interviewed by the Wall Street Journal to learn more about why everyone is excited to be back into the office on Mondays!

Instawork

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EY Honors Sumir Meghani of Instawork With Entrepreneur of the Year® 2023 Bay Area Award. Sumir was selected by a judging panel made up of previous award winners, leading CEOs, investors, and other regional business leaders. The candidates were evaluated based on their demonstration of building long-term value through entrepreneurial spirit, purpose, growth and impact, among other core contributions and attributes. Congrats to our fearless leader!

Instawork

3y

Instawork Raises $60M to Invest in Artificial Intelligence, Optimizing How Businesses Connect With Skilled Hourly Workers Instawork has raised $60 million in a Series D funding round led by TCV, with participation from new investors 9Yards Capital, Larry Fitzgerald Jr., and existing investors including Benchmark, Spark Capital, Craft Ventures, and Greylock. Bringing total investment to $160 million, the funding round allows Instawork to accelerate investment in its AI-powered mobile app and platform that connects over 4 million skilled hourly workers with tens of thousands of businesses. This funding announcement follows Instawork's record growth amidst the country's ongoing economic challenges and uncertainty. While the broader tech community struggled, Instawork achieved 15x growth over the past two years and more than 2 million workers joined the app over the last year alone. Fueled by this growth, Instawork is helping staff distribution centers for some of the country's largest retailers as well as the majority of sports stadiums across the U.S. and Canada. [Read more via link]