Fundz

Gig Wage raised an additional $8.25M in a Series A extension led by Discover and Motley Fool to enhance their payments platform for the gig economy.

PRIVATEDec 03, 2024

Amount Raised

$8.25 Million

Round Type

Series A

DallasFinancial ServicesFinanceFintech

Investors

Chartline Capital PartnersGreen DotFoundry GroupContinental InvestorsRevolution's Rise Of The Rest Seed FundDiscoverMotley Fool

Description

Dallas-based Gig Wage has relaunched with new features and successfully raised an additional $8.25 million for its Series A extension, increasing its total funding to $20.2 million. The funding comes from a mix of new and existing investors, including Discover, Motley Fool, and Chartline Capital Partners.

Quick answer

Gig Wage raised $8.25 Million in a Series A round, dated December 3, 2024. Investors: Chartline Capital Partners, Green Dot, Foundry Group, Continental Investors, Revolution's Rise Of The Rest Seed Fund, Discover and Motley Fool. Gig Wage is based in Dallas, Texas, United States.

How much did Gig Wage raise?
Gig Wage raised $8.25 Million in a Series A round on December 3, 2024.
Who invested in Gig Wage?
Chartline Capital Partners, Green Dot, Foundry Group, Continental Investors, Revolution's Rise Of The Rest Seed Fund, Discover and Motley Fool are named as investors in this round.
What does Gig Wage do?
Gig Wage is a payments platform exclusively designed for the gig economy, providing a complete fintech infrastructure that simplifies payroll for independent contractors.
Where is Gig Wage based and how big is it?
Gig Wage is based in Dallas, Texas, United States. Fundz records about 22 employees.
Who are the decision-makers at Gig Wage?
Fundz holds 3 contacts at Gig Wage. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Gig Wage that raised within 45 days of this round, from Fundz verified event records.

  • Mintoak raised $8.3M (Secondary Market) on January 9, 2025.
  • Fold raised $20M (Convertible Note) on December 30, 2024.
  • Nukkleus raised $10M on December 20, 2024.
  • Curie Money raised $1.2M (Seed) on December 19, 2024.
  • Volume raised $6M (Funding Round) on December 17, 2024.
  • CredibleX raised $55M (Seed) on December 16, 2024.

Who to call at Gig Wage, and when

A new round usually means Gig Wage is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Gig Wage raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Gig Wage, from your own LinkedIn network

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Company Information

Company

Gig Wage

Location

Dallas, Texas, United States

About

Gig Wage is a payments platform exclusively designed for the gig economy, providing a complete fintech infrastructure that simplifies payroll for independent contractors. The company offers tools such as instant payments, tax handling, and health benefits tailored for contractors. Founded in 2014, Gig Wage has paid out nearly $1 billion to almost a million contractors nationwide and experienced significant growth in 2023.

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Fundz sees it the moment Gig Wage raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Gig Wage raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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