Temp Staffing Technology Firm Gets Another $13 Million in Funding

Wonolo – which stands for Work. Now. Locally….has raised a Series B funding round of another $13 million which brings it total funding to $25 million. The company connects companies with hundreds of thousands of vetted workers “within moments”. The new funding comes from VC powerhouse Sequoia Capital.

wonolo new funding

They call themselves the future of temporary staffing, by helping companies address their labor needs in minutes and helping underemployed workers find additional job shifts when they need them. Headquartered in San Francisco, Wonolo serves major metro markets across the United States.

The new capital will help Wonolo scale to meet the growing market need for an on-demand staffing marketplace that places underemployed hourly workers with unfilled work shifts at top businesses in retail, manufacturing, shipping and logistics, ecommerce, and other industries. One of Sequoia’s partner Jess Lee, will join Wonolo’s board of directors.

To date, tens of thousands of hourly workers across the U.S. have used Wonolo to help them find work when they need it. Wonolo also partners with thousands of companies, including brand names like Coca-Cola, Papa Johns and Uniqlo, to fill open shifts. With the additional financing, Wonolo will continue to launch in new local markets around the U.S., add new strategic partners, sign up more companies to the Wonolo marketplace, and help even more people find work.

“When we started Wonolo as a project out of The Coca-Cola Company, our goal was to create a way for people to find extra work, while also addressing one of the major inefficiencies in the labor market for companies across industries,” said Yong Kim, CEO and co-founder at Wonolo. “Just four years later, our customers and team have built a thriving marketplace that has helped tens of thousands of people find hourly work, while also helping companies meet the product and services needs of their customers. We are so excited to have Jess and the Sequoia team partner with us in our mission.”

How It Works

After posting a shift opening on the Wonolo marketplace, companies can fill same day or night shifts with a few clicks. Payment for that job is processed immediately after the work is completed and companies can provide workers with feedback through an easy-to-use review system.

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