Work Market
Latest round
- Series C
Last raised
- Nov 2016
Total raised
- $56M
Investors
- 7
About Work Market
WorkMarket Inc.Founded in 2010 in New York, US, WorkMarket Inc. specializes in contractor management solutions.WorkMarket offers a comprehensive independent contractor management system designed to streamline the entire contractor lifecycle, from talent attraction and onboarding to payment and compliance management. Its core product empowers businesses to efficiently onboard and verify independent contractors while automating critical workflows, ensuring compliance with evolving regulations. Key features include the creation of pre-vetted talent pools based on specific skill sets and locations, as well as automated processes for tax ID verification and electronic 1099-NEC filing.WorkMarket generates revenue through a subscription-based model that includes multiple service tiers tailored to different business needs. Clients typically enter agreements for access to the platform's features, which may encompass onboarding, payment processing, and contractor management solutions. The transactional structure involves businesses paying for the platform subscription, alongside transaction fees associated with contractor payments and other automated services. Specific pricing plans are designed to accommodate varying scales of operations, allowing businesses to select the level of service that best suits their requirements. The company aims to expand into new geographic markets, focusing on increasing its presence in the European and Asian markets by 2020. The most recent deal in January 2018, where Automatic Data Processing announced the acquisition of WorkMarket, highlights the company's strategic significance and growth potential.
Who invested in Work Market
7 investors across 5 rounds
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Questions about Work Market
Who invested in Work Market?
Work Market has 7 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Work Market raised?
Work Market has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Work Market last raise money?
Work Market's most recent round on record is a Series C, in Nov 2016.
What does Work Market do?
Work Market is a software company.
Where is Work Market headquartered?
Work Market is headquartered in New York, US.
Which VCs invest in companies like Work Market?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Work Market's stage. Their profiles are linked below.
VCs backing software startups at Series C
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