WurkNow Raises $10M in Series A Funding
– WurkNow is a digital staffing and workforce management platform for hourly work.
– Company raised $10m in Series A funding.
– The round was led by Newport Hayseed Group.
– The new investment will be used to optimize the company’s user base and product offering, including investments in new product development, staff growth and scaling its brand and market presence.
SCAN Group Makes Strategic Investment in MedArrive
– SCAN Group, whose holdings include SCAN Health Plan, one of the nation’s largest not-for-profit Medicare Advantage plans, has made a strategic investment in MedArrive.
– MedArrive is a healthcare logistics and services platform that enables payers and providers to leverage a network of EMTs, paramedics and other types of skilled healthcare workers to extend care services into the home, improving patient outcomes while empowering an underutilized segment of the healthcare workforce.
Greycroft leads $3.5M into Breef, an online marketplace for ad agencies
– Breef, a marketplace for brands and agencies, raised $3.5m in funding.
– The round was led by Greycroft and joined by Rackhouse Ventures, The House Fund, John and Helen McBain, Lance Armstrong and 640 Oxford Ventures.
– Including the new round, the New York and Colorado-based company has brought in total funding of $4.5m since its inception in 2019 by husband-and-wife co-founders George Raptis and Emily Bibb.
– Bibb’s background is in digital marketing and brand building at companies like PopSugar, VSCO and S’well, while Raptis was on the founding team at fintech company Credible.com.
Anthill Raises $3M in Seed Funding
– Anthill is a Chicago, IL-based talent management platform designed for the deskless workforce.
– The company raised $3m in seed funding.
– The round was led by Rethink Education with participation from Origin Ventures, BBG Ventures, The Fund, JFF (Jobs for the Future), and more.
– The new investment will be used to continue to expand operations and its business reach.
WorkJam, a digital workplace for frontline workers, raises $35M
– WorkJam has raised $35m in a round of funding from Silver Lake Waterman.
– The company serves as a communication conduit that allows headquarters to liaise with those working out in the field, from health care professionals and manufacturing personnel to grocery delivery drivers and anyone not tethered to a physical desk.
Student labor marketplace Pangea closes $2M seed round
– Pangea, a Providence, Rhode Island-based startup that connects youthful talent and businesses in need of freelance labor, announced that it has closed an oversubscribed $2 million seed round.
– The startup graduated from Y Combinator earlier in the year, raising a check from the accelerator and another $350,000 since it closed a $400,000 pre-seed round last April. All told, Pangea has raised around $3 million.
– The startup runs a marketplace that links college-age talent to companies in need of their services. Given the skillset of many college students, social media and web developer work are popular on the Pangea platform.
Global eLearning Innovator OpenSesame Receives $50 Million Strategic Growth Investment from JMI Equity and Existing Investors
– OpenSesame, a market-leading SaaS global elearning innovator, announced a $50 million investment led by JMI Equity, a growth equity firm focused on investing in leading software companies, with participation from existing investors FTV Capital and Altos Ventures.
– This growth investment will strengthen OpenSesame’s ability to accelerate its global expansion, extend its technology platform through product-led M&A, and continue adding value for its global customers.
– As a result of COVID-19 and the dawn of the work from home era, companies around the world were forced to rethink the way they train and develop their organizations.
Worksome Raises $13M in Series A Funding
– Worksome from Copenhagen develops a management platform to manage and pay a flexible workforce of freelancers and contractors.
– Series A $13m round was led by Tommy Ahlers and Lind & Risør.
– The investment will be used to expand operations and accelerate growth across the US and other global markets.
Firstbase Raises $13 Million Series A Funding to Eliminate the Cost and Complexity of Remote Team Provisioning
– Firstbase, a provider of remote infrastructure for global teams, announced $13m in funding, with a Series A round led by Andreessen Horowitz, with participation from B Capital Group, and Alpaca VC.
– This follows a $2m seed investment led by Alpaca in August 2018 with participation from Acceleprise, Remote First Capital and Backend Capital.
– The new capital will fuel the company’s rapid growth plans through hiring, product development and increased customer deployment.
– Firstbase also announced it has added Andreessen Horowitz’s David Ulevitch to its Board of Directors.
– Firstbase’s mission is to improve individuals’ quality of life by enabling remote work. Its software platform helps companies set up, manage, maintain and retrieve all physical equipment remote workers need to work from home comfortably and effectively.
Magical raises $3.3M to modernize calendars
– Magical, a Tel Aviv-based startup, raised $3.3m funding.
– The round was led by Resolute Ventures and joined by Ibex Investors, Aviv Growth Partners, ORR Partners, Homeward Ventures and Fusion LA, as well as several angel investors in the productivity space.
– The company plans to use the funding to expand its team and develop its product.
