What is Nowsta?
Founded in 2015 and headquartered in New York, NY, Nowsta Inc. operates a comprehensive platform of web and device-based software applications. This integrated system provides an online communications and logistics solution designed to empower employers in managing their workforce and gaining deeper insights into their operational performance. Nowsta's technology aims to streamline complex scheduling, communication, and task management processes for businesses across various industries.
How much funding has Nowsta raised?
Nowsta has raised a total of $79.4M across 7 funding rounds:
Debt
$825K
Debt
$1M
Debt
$750K
Debt
$350K
Debt
$441K
Series B
$41M
Series C
$35M
Debt (2015): $825K, investors not publicly disclosed
Debt (2015): $1M, investors not publicly disclosed
Debt (2017): $750K, investors not publicly disclosed
Debt (2020): $350K featuring PPP
Debt (2021): $441K backed by PPP
Series B (2022): $41M, investors not publicly disclosed
Series C (2023): $35M led by Builders VC and VMG Partners
Key Investors in Nowsta
Builders VC
Builders VC is a venture capital firm focused on modernizing antiquated industries by investing in innovative technologies and solutions. They support founders who tackle complex problems and aim to reshape systems across various sectors, including construction, healthcare, and agriculture. Their portfolio includes companies like Navier, Fieldwal, and Neuroflow, which are revolutionizing their respective fields. Builders VC seeks to turn chaos into clarity and drive significant returns by transforming legacy systems into opportunities.
VMG Partners
VMG Partners is a growth equity and private investment firm that backs innovative consumer brands and enabling technologies, pairing capital with hands on support so founders can scale products, services and experiences that redefine how people live, eat, move and care for themselves.
PPP
Public-Private Partnership
What's next for Nowsta?
With the recent influx of $35M in a major strategic investment, Nowsta is poised for accelerated growth. This funding, part of its $79.4M total capital raised, will likely be directed towards enhancing its platform capabilities, expanding its market reach, and potentially exploring new verticals within the enterprise software landscape. The company's focus on optimizing workforce management and operational efficiency positions it to capitalize on the increasing demand for sophisticated business solutions.
See full Nowsta company page
