Nowsta Secures $41 Million in Funding

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Brooklyn-headquartered Nowsta, which provides a cloud-based workforce management platform to enterprises, has raised $41 million Series B funding from GreatPoint Ventures and joined by VMG Catalyst, Rally Ventures, Tribe Capital and existing investors Green Visor Capital, Compound Ventures and Clocktower Technology Ventures. This latest funding round will be used to help Nowsta scale operations across 25 new U.S. markets, double the size of the current team, and continue to drive innovation within Nowsta’s platform offerings.

Nowsta’s platform combines workforce management tools, like automated scheduling, real-time analytics and streamlined time-tracking, with an on-demand labor marketplace that connects employers to a pool of

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