Instawork, founded in 2015, is an online job marketplace with the goal of connecting businesses with potential employees. Instawork is seeking to change how traditional recruiting works for small businesses by turning the process into an automated matching solution. The company's platform offers job opportunities for skilled professionals and hourly workers, tailored to their availability, with the aim of allowing businesses in the hospitality sector to recruit personnel as needed. Instawork is headquartered in San Francisco, California.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/07/2023 | Series D | $49.73MM | $xx.xx | $751.98MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,044,546
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
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07/08/2021 | Series C | $60MM | $xx.xx | $563.05MM | Craft Ventures, Greylock, Corner Ventures, Four River Group, WndrCo, Tilman Fertitta, Benchmark, Spark Capital, GV, Burst Capital, SV Angel | |
Price per Share
$xx.xx
Shares Outstanding
2,807,096
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Craft Ventures, Greylock, Corner Ventures, Four River Group, WndrCo, Tilman Fertitta, Benchmark, Spark Capital, GV, Burst Capital, SV Angel
|
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05/22/2019 | Series B-1 | $10MM | $xx.xx | $104.99MM | Spark Capital, GV, Burst Capital, Benchmark, Y Combinator, Tuesday Capital, SV Angel | |
Price per Share
$xx.xx
Shares Outstanding
2,977,423
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Spark Capital, GV, Burst Capital, Benchmark, Y Combinator, Tuesday Capital, SV Angel
|
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05/22/2019 | Series B | $18MM | $xx.xx | $104.99MM | Spark Capital, GV, Burst Capital, Benchmark, Y Combinator, Tuesday Capital, SV Angel | |
Price per Share
$xx.xx
Shares Outstanding
4,060,270
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Spark Capital, GV, Burst Capital, Benchmark, Y Combinator, Tuesday Capital, SV Angel
|
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02/27/2019 | Series A-3 | $672,453 | $xx.xx | $23.38MM | Benchmark | |
Price per Share
$xx.xx
Shares Outstanding
773,647
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Benchmark
|
||||||
02/27/2019 | Series A-2 | $100,000 | $xx.xx | $23.38MM | Benchmark | |
Price per Share
$xx.xx
Shares Outstanding
92,963
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Benchmark
|
||||||
02/27/2019 | Series A-1 | $1.03MM | $xx.xx | $23.38MM | Benchmark | |
Price per Share
$xx.xx
Shares Outstanding
943,340
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Benchmark
|
||||||
02/27/2019 | Series A | $8.16MM | $xx.xx | $23.38MM | Benchmark | |
Price per Share
$xx.xx
Shares Outstanding
4,177,566
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Benchmark
|