Nowsta, a workforce management software provider, has raised $41M in a Series B that drew participation from GreatPoint Ventures, VMG Catalyst, and Rally Ventures, among others.

HOW’S THE COMPANY PERFORMING?

  • New York-based Nowsta’s on-demand labor marketplace connects employers and skilled workers and provides tools to hire, manage, and pay hourly workers.
  • The company’s technology manages over 300K workers every month across 600+ employers.
  • Nowsta‘s revenue numbers are expected to grow 3-5x in 2022.
  • Clients include Marriott, Garces, Footers, and Aramark, among others.
  • Nowsta currently has 68 employees.

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The post Nowsta Raises $41M For Its Gig Economy-Focused Workforce Management Software. Nowsta Competitors In The Hypercompetitive Workforce Scheduling And Time Tracking Space Include Quinyx, Shiftsmart, Fountain, And When I Work, Among Others. appeared first on CB Insights Research.

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