# HourWork

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hourwork

- Industry: Software
- Headquarters: Boston, US
- Website: www.hourwork.com
- Total disclosed funding: $14M
- Latest round: Series A (Jun 2, 2022)
- Investors on record: 8

## About

Founded in 2017 and based in Massachusetts, US, by its CEO Rahkeem Morris, and COO Rob Snyder, HourWork Inc. operates as a provider of a management application platform. In August 2024, Sprockets, a portfolio company of Thayer Ventures, Blu Venture Investors, Forte Capital Management, Healthy Ventures, VentureSouth, and Lytical Ventures, acquired HourWork Inc. from MassVentures, York IE, MassMutual Ventures, Morgan Stanley, OneValley Ventures, Permanent Capital, Positive Sum, Relish Works, Inc., and The Impact Engine. Financial terms of the transactions were not disclosed.

HourWork offers recruitment and retention tools to connect with past applicants and former employees. The company's human resource software platform helps businesses improve candidate flow, reduce retention concerns, and match labor demands with people who are competent in certain skill sets and willing to work.

The acquisition aims to increase the scope of its product line by providing companies with staffing services that handle all phases of the hiring process, from hiring and screening to engaging with employees after they leave and conducting exit interviews.

## Funding rounds

- Series A, Jun 2, 2022, $2.5M — Morgan Stanley Investment Management, MassMutual Ventures, Relish Works, Inc., Positive Sum
- Series A, Mar 11, 2022, $12M — Morgan Stanley Investment Management, MassMutual Ventures, Impact Engine, Relish Works, Inc., York IE, Positive Sum, OneValley Ventures, Permanent Capital
- Seed, Oct 19, 2021 — York IE

## Investors

- York IE (https://capitalatlas.ai/funds/york-ie) — Seed, Series A
- Morgan Stanley Investment Management — Series A
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series A
- Impact Engine (https://capitalatlas.ai/funds/impact-engine) — Series A
- Relish Works, Inc. — Series A
- Positive Sum (https://capitalatlas.ai/funds/positive-sum) — Series A
- OneValley Ventures (https://capitalatlas.ai/funds/onevalley-ventures) — Series A
- Permanent Capital (https://capitalatlas.ai/funds/permanent-capital) — Series A