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Hourwork
company
About
Hourwork develops a recruitment and retention platform that connects employers with hourly workers.
- Boston,Massachusetts,United States
- 11 - 50
- https://www.hourwork.com
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $10M
- Industries
- Employment,Human Resources,Recruiting,Software
- Founded date
- Jan 1, 2018
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- HourWork Inc
- Also Known As
- Syrg
Hourwork develops a recruitment and retention platform that connects employers with hourly workers. The company is driven by a mission to build an hourly workspace that works for everyone. Its platform is used by more than 5,000 quick-service restaurant franchises across the United States. Founded in 2018, the company is formerly known as Syrg.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
7
$16.29M
Hourwork has raised a total of
$16.29M
in funding over 2 rounds. Their latest funding was raised on
Jun 2, 2022 from a Series A round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 2, 2022 | Series A | $2.50M | 4 |
MassMutual
|
— | Detail |
| Mar 28, 2022 | Series A | $10M | 9 |
Positive Sum
|
— | Detail |
| Mar 11, 2022 | Seed | — | 1 | — | — | Detail |
| Oct 19, 2021 | Seed | — | 1 | — | — | Detail |
| May 20, 2021 | Seed | — | 1 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
26
0
Hourwork has made 26 investments. Their most recent investment was on
Jul 4, 2022, when AltLayer raised $7.20M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jul 4, 2022
AltLayer
|
Seed | $7.20M | Blockchain | — |
|
May 18, 2022
Encode Club
|
Seed | $5M | Blockchain | — |
|
Jan 4, 2022
Metaversal
|
Series A | $50M | Blockchain | — |
|
Jan 1, 2022
Voltz Labs
|
Seed | $6M | Blockchain | — |
|
Dec 9, 2021
Block Earner
|
Seed | $4.50M | Blockchain | — |
Investors
Number of Lead Investors
Number of Investors
3
10
Hourwork is funded by 10 investors.
MassMutual
and MassVentures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
MassMutual
|
Yes | Series A |
MassVentures
|
Yes | Series Unknown |
Morgan Stanley
|
— | Series A |
|
Positive Sum
|
— | Series A |
Relish Works
|
— | Series A |
Impact Engine
|
— | Series A |
MassMutual Impact Investing
|
— | Series A |
OneValley
|
— | Series A |
Permanent Capital
|
— | Series A |
York IE
|
— | Series A |
Employee Profiles
Number of Employee Profiles
6
Hourwork has 6 current employee profiles, including
Board observer Carla Harris
Board observer
Executive
Executive
Board member
Executive
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