Instawork Secures $60 Million Funding to Enhance Artificial Intelligence, Revolutionizing the Connection Between Businesses and Skilled Hourly Workers
Instawork, a leading platform for connecting businesses with skilled hourly workers, has raised $60 million in a Series D funding round led by investment firm TCV.
The investment will be used to further develop Instawork's AI-powered mobile app and platform, which connects over 4 million skilled hourly workers with businesses.
The platform has experienced significant growth, attracting over 2 million workers in the past year alone. With the funding, Instawork plans to enhance its AI capabilities to connect businesses with reliable and skilled workers, as well as introduce self-serve features and user-friendly tools for workforce management.
The funding round will also enable Instawork to provide training and certification opportunities to its workers, and offer a debit card for instant pay. Instawork's innovative approach to connecting businesses with flexible labor is transforming the industry and streamlining the staffing process.
Learn more about Instawork here: Instawork.com
Learn more about TCV here: tcv.com
Source: Instawork via NewsWire.com