/PRNewswire/ Today, WorkWhile announced it has raised a $13M Series A, led by Reach Capital with participation from existing investors Khosla Ventures, F7.
/PRNewswire/ Today, WorkWhile announced it has raised a $13M Series A, led by Reach Capital with participation from existing investors Khosla Ventures, F7.
WorkWhile raises $3.5M to bring more flexibility and benefits to hourly work
While there’s been plenty of recent debate around the gig economy, Jarah Euston argued that it’s time to rethink a bigger part of the workforce hourly workers.
Euston, who was previously an executive at mobile advertising startup Flurry and a co-founder at data operations startup Nexla, told me that although 80 million Americans are paid on an hourly basis, the current system doesn’t work particular well for either employers or workers.
On the employer side, there are usually high rates of turnover and absenteeism, while workers have to deal with unpredictable schedules and often struggle to get assigned all the hours they want. So Euston has teamed up with co-founder Amol Jain to launch WorkWhile in the hopes of creating a better system, and they’ve also raised $3.5 million in seed funding.