Tech Company Financing Transactions
Nowsta Funding Round
On 11/6/2023, Nowsta raised $35 million in Series C investment from VMG Partners, BuildersVC and private investors.
Transaction Overview
Company Name
Announced On
11/6/2023
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series C
Investors
VMG Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to enhance the advanced technology in Staffing Labs, further develop its AI-driven workforce management platform and continue to build out the executive leadership team that supports this technology.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
20 Jay St.
Brooklyn, NY 11201
USA
Brooklyn, NY 11201
USA
Phone
Undisclosed
Website
Email Address
Overview
Nowsta is a venture-backed technology company that sits at the intersection of financial wellness and workforce management. We're building a platform that leverages advancements in machine learning and payments technology to reimagine the way companies communicate with, and pay their hourly wage employees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nick Lillios
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