Allwork Announces $4.9 Million Series A Funding Round

Dec 01, 2022•over 2 years ago

Amount Raised

$4.9 Million

Round Type

series a

New YorkInformation TechnologyFintech

Investors

Fintop Capital

Description

AllWork, the end-to-end platform that helps companies more efficiently and compliantly onboard, manage and pay their freelancer and contingent workforces, today announced the completion of a $4.9 million Series A funding round. AllWork will use the funds to expand its software, payment services and team to meet the increasing need by companies and freelancers for an easier way to work together.

Company Information

Company

AllWork

Location

1090 KING GEORGES POST ROAD

New York, New York, United States

About

AllWork® is a total freelancer management and payments platform. We help companies more efficiently and compliantly manage and pay every type of freelancer they need for their business including all hourly, consulting, contract, and project-based workers for both short and long-term assignments across all job functions, skill levels, categories, and roles. By providing one streamlined platform and one system of record, businesses can leverage the new Modern Workforce where the number of freelancers in the labor force will soon be equal to the number of permanent employees.

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Funding Insights

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers