Announced
Completed
Financials
Sources
Tags
Venture Capital
application software
Private
Software
staffing services
Minority
United States
Completed
Acquisition
Friendly
Cross Border
Private Equity
Synopsis
Leeds Illuminate, a firm that invests in education, workforce development and workforce access, led a $138m funding round in Wonolo, a developer of an on-demand staffing platform. Additional investors include 137 Ventures, G2 Venture Partners and Franklin Templeton. "As labor shortages continue, workers have more power than ever. We are seeing a seismic shift in what workers are looking for when it comes to selecting job opportunities. Workers are opting for flexible work that offers them a chance to further develop portable skills and get access to living wage jobs at a variety of job sites. I'm excited to have new mission-driven investors joining us to help raise the bar for workers everywhere. Wonolo's next phase of growth will drive this evolution to bring more flexibility, fair chances and fulfilling jobs to all workers," Yong Kim, Wonolo CEO and Founder.
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