Instawork

Instawork

Connects businesses with vetted hourly workers

About Instawork

Simplify's Rating
Why Instawork is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Consulting

Consumer Software

Company Size

1,001-5,000

Company Stage

Series D

Total Funding

$148M

Headquarters

San Francisco, California

Founded

2015

Overview

Instawork connects businesses with over 5 million vetted short-term, seasonal, and temp-to-hire workers through its online platform. This service is designed for companies needing hourly workers, making it easier to find qualified candidates compared to traditional staffing agencies. The platform uses an intelligent matching system to pair businesses with suitable workers from its extensive database, ensuring that only reliable individuals are connected to employers. This vetting process has led to a high demand for Instawork's workers, with 93% of businesses wanting to rehire them and a low 2% no-show rate. Businesses can view worker profiles and experience before they start a shift, and those looking for full-time employees can also search and hire from the database. Instawork generates revenue by charging businesses for its services, and its importance grew during the pandemic, reinforcing its market position.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Instawork's expansion into Phoenix captures regional demand for flexible staffing.
  • The acquisition of Able Jobs enhances Instawork's global job market tools.
  • Recognition as 'Workforce Hiring Solution of the Year' boosts Instawork's industry credibility.

What critics are saying

  • Increased competition from new gig economy platforms may dilute Instawork's market share.
  • Integration challenges from acquiring Able Jobs could lead to operational inefficiencies.
  • Expansion into new markets risks overextension and resource strain.

What makes Instawork unique

  • Instawork uses an intelligent matching system for efficient worker-business pairing.
  • The platform has a rigorous vetting process ensuring reliable worker connections.
  • Instawork offers businesses immediate access to worker profiles and experiences.

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Funding

Total Funding

$148M

Below

Industry Average

Funded Over

4 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$60M
Instawork
$70M
Twilio
$80M
Handshake
$100M
Affirm

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Paid Holidays

Home Office Stipend

Phone/Internet Stipend

Commuter Benefits

Paid Sick Leave

Health Savings Account/Flexible Spending Account

401(k) Retirement Plan

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 8%
The Wichita Eagle
Jun 2nd, 2025
Instawork Announces Appointment of Katherine August-deWilde as Independent Board Member

SAN FRANCISCO, CA / ACCESS Newswire / June 2, 2025 / Instawork, the leading AI-driven work platform for local, hourly professionals, today announced the appointment of Katherine August-deWilde as an independent member of its Board of Directors.

InstaWork
Apr 24th, 2025
Instawork Named "Workforce Hiring Solution of the Year" by RetailTech Breakthrough

At Instawork, Instawork + Compass Group is proud to share that Instawork + Compass Group has been named the 2025 Workforce Hiring Solution of the Year by the RetailTech Breakthrough Awards, a prestigious recognition of the innovative technology reshaping how retail businesses connect with the skilled labor they need for operational success.

InstaWork
Mar 24th, 2025
Cathy Hardin joins Instawork as Chief Revenue Officer

Cathy Hardin joins Instawork as Chief Revenue Officer.

InstaWork
Mar 24th, 2025
Welcoming Geoff Donaker to our board

InstaWork is delighted to share that Geoff Donaker has joined Instawork's board of directors.

InstaWork
Mar 24th, 2025
Shamit Patel joins Instawork as VP of Product Management

Shamit patel joins Instawork as VP of Product Management.

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