Instawork is an on-demand staffing platform that connects businesses with skilled hourly workers for temporary and full-time roles, primarily in warehousing, hospitality, and events. Founded in 2015, Instawork now operates in over 48 markets across the US and Canada with a network of over 5 million workers. In the past year, Instawork added over 1 million new workers to its platform.
CEO Sumir Meghani founded Instawork after seeing his parents struggle to quickly hire workers to meet demand spikes in their business. He partnered with Saureen Shah, an early engineer at Groupon, to build a mobile-first platform that could fill shifts in under 12 hours on average. In May 2023, Instawork raised a $60 million Series D at a $760 million valuation, bringing its total funding to $160 million from top investors like Benchmark, Greylock, and Craft. The company plans to invest heavily in AI to better match workers and businesses.
By joining Instawork, you'll help tackle the core challenges of flexibility and reliability in hourly work that affect millions of people and businesses. You'll be joining a fast-growing team of 300 that has achieved $100 million in estimated 2021 revenue by applying technology to a huge market traditionally dominated by temp agencies. However, Instawork will need to differentiate itself from competitors like Wonolo and Shiftsmart and navigate potential risks from job automation and regulation in the gig economy.
2015
Founded
1k+
Employees
Series D
Stage
$760M
Latest Valuation
$100-200M
Total Funding
May 18 2023
Last Fundraise
Why is the rating
Top Previous Employers
Angi
Salesforce
Uber
Yelp
Investors
Benchmark
Uber, Instagram, Twitter
Greylock
Facebook, Coinbase, Roblox
Y Combinator
Instacart, Faire, OpenSea