About Instawork

Instawork is an on-demand staffing platform that connects businesses with a vetted pool of 6 million hourly workers, facilitating quick and efficient shift fulfillment through an intelligent matching algorithm. The platform addresses the challenge of finding reliable, qualified workers by ensuring a low 2% no-show rate and enabling businesses to fill shifts in minutes without the need for interviews.

```xml <problem> Many businesses struggle to find qualified and reliable hourly workers through traditional staffing agencies, leading to unfilled shifts and operational inefficiencies. The process of finding suitable candidates can be time-consuming, often requiring interviews and extensive vetting. High no-show rates among temporary workers further exacerbate staffing challenges. </problem> <solution> Instawork is a two-sided marketplace that connects businesses with a vetted pool of over 6 million skilled hourly workers across various industries. The platform uses an intelligent matching algorithm to facilitate quick and efficient shift fulfillment, enabling businesses to find workers in minutes without the need for lengthy interviews. By incentivizing reliability, Instawork maintains a low no-show rate, ensuring businesses have the staff they need when they need them. The platform handles paperwork, payments, and insurance, streamlining the staffing process for businesses. </solution> <features> - Intelligent matching algorithm connecting businesses with qualified workers - Vetted pool of over 6 million hourly workers - Real-time shift posting and worker matching - Worker profiles displaying experience and qualifications - Low no-show rate due to worker incentives - Handles paperwork, payments, and insurance - Mobile app for workers to create profiles and pick up shifts - Dashboard for businesses to view worker profiles and manage shifts </features> <target_audience> Instawork primarily serves businesses in the food and beverage, hospitality, events, warehousing, manufacturing, retail, and cleaning industries that require flexible staffing solutions. </target_audience> ```

What does Instawork do?

Where is Instawork located?

Instawork is based in San Francisco, United States.

When was Instawork founded?

Instawork was founded in 2015.

How much funding has Instawork raised?

Instawork has raised 148120000.

Location

San Francisco, United States

Founded

2015

Funding

148120000

Employees

1840 employees

Major Investors

TCV

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Instawork

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Executive Summary

instawork.com 20K+

Crunchbase

Founded 2015 – San Francisco, United States

Funding

Estimated Funding

$100M+

Major Investors

TCV

Team (1000+)

No team information available.

Company Description

Problem

Many businesses struggle to find qualified and reliable hourly workers through traditional staffing agencies, leading to unfilled shifts and operational inefficiencies. The process of finding suitable candidates can be time-consuming, often requiring interviews and extensive vetting. High no-show rates among temporary workers further exacerbate staffing challenges.

Solution

Instawork is a two-sided marketplace that connects businesses with a vetted pool of over 6 million skilled hourly workers across various industries. The platform uses an intelligent matching algorithm to facilitate quick and efficient shift fulfillment, enabling businesses to find workers in minutes without the need for lengthy interviews. By incentivizing reliability, Instawork maintains a low no-show rate, ensuring businesses have the staff they need when they need them. The platform handles paperwork, payments, and insurance, streamlining the staffing process for businesses.

Features

Intelligent matching algorithm connecting businesses with qualified workers

Vetted pool of over 6 million hourly workers

Real-time shift posting and worker matching

Worker profiles displaying experience and qualifications

Low no-show rate due to worker incentives

Handles paperwork, payments, and insurance

Mobile app for workers to create profiles and pick up shifts

Dashboard for businesses to view worker profiles and manage shifts

Target Audience

Instawork primarily serves businesses in the food and beverage, hospitality, events, warehousing, manufacturing, retail, and cleaning industries that require flexible staffing solutions.