Wonolo, a San Francisco, CA-based on-demand staffing platform enabling businesses to fill their immediate labor needs, closed a $13M Series B funding.
The round, which brings total venture funding to $25M, was led by Sequoia Capital with participation from existing investors PivotNorth Capital and Crunchfund, and new investor Base10. In conjunction with the funding, Sequoia partner Jess Lee has also joined Wonolo’s board of directors.
The company intends to use the new capital to scale operations, continue to launch in new local markets around the U.S., add new strategic partners, and sign up more companies to the marketplace.
Led by Yong Kim, CEO and co-founder, Wonolo is an on-demand staffing marketplace that places underemployed hourly workers with unfilled work shifts at top businesses in retail, manufacturing, shipping and logistics, ecommerce, and other industries.
To date, tens of thousands of hourly workers across the U.S. have used the company to find work when they need it.
Wonolo also partners with thousands of companies, including brand names like Coca-Cola, Papa Johns and Uniqlo, to fill open shifts.
FinSMEs
20/04/2018