Fundz

Instawork Raises $60M To Rapidly Expand Its Work Marketplace Connecting Local Businesses With Skilled Hourly Professionals

PRIVATEJul 08, 2021

Amount Raised

$60 Million

Round Type

Funding Round

United StatesInformation TechnologySoftware

Investors

SV Angel

Description

Instawork, the leading digital marketplace connecting local businesses with qualified professionals across the U.S., today announced it has raised $60 million in Series C financing, bringing total funding to $100 million. Craft Ventures led the round, with participation from Greylock, Corner Ventures, Four River Group, WndrCo, and Tilman Fertitta, owner of Landry's and the Houston Rockets, alongside existing investors Benchmark, Spark Capital, GV, Burst Capital, and SV Angel. Craft General Partner, Jeff Fluhr will join Instawork's board of directors.

Quick answer

Instawork raised $60 Million in a Funding Round round, dated July 8, 2021. Investors: SV Angel. Instawork is based in United States.

How much did Instawork raise?
Instawork raised $60 Million in a Funding Round round on July 8, 2021.
Who invested in Instawork?
SV Angel is named as investors in this round.
What does Instawork do?
At Instawork, we’re driven by our vision to create economic opportunity for local businesses and skilled hourly professionals in communities around the world.
Where is Instawork based and how big is it?
Instawork is based in United States.
Who are the decision-makers at Instawork?
Fundz holds 1 contact at Instawork. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

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

  • B2Digital, Inc. raised $130K (Seed) on August 20, 2021.
  • SaaS Alerts, Inc. raised $1.5M (Seed) on August 20, 2021.
  • Vault Verify raised an undisclosed amount on August 19, 2021.
  • Covera Health raised $22M on August 19, 2021.
  • Quilt Software raised $2.2M on August 19, 2021.
  • Hydra Host raised $99 on August 18, 2021.

Who to call at Instawork, and when

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

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

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Company Information

Company

Instawork

Location

United States

About

At Instawork, we’re driven by our vision to create economic opportunity for local businesses and skilled hourly professionals in communities around the world. With a growing number of hub cities across the country in the U.S., Canada, India, and beyond, we’re looking for top talent to help rapidly scale our high-tech and high-touch labor marketplace. Our accomplished and dedicated team is passionate about our mission and committed to crafting revolutionary products, all with the backing of our world-class investors, including Benchmark, Spark Capital, Craft Ventures, Greylock Capital, Y Combinator, and more!

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Related People

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.