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Instawork Raises $60M to Invest in Artificial Intelligence, Optimizing How Businesses Connect With Skilled Hourly Workers

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The flexible work platform revolutionizes how businesses find qualified and reliable workers

Instawork, the leading platform for connecting businesses with skilled hourly workers, announced today it 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.

As recent studies have shown that more than one-quarter of hospitality businesses and one-third of light industrial businesses have had to forgo…

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