How Much Did Qwick Raise?
Funding & Key Investors

Qwick, the Scottsdale-based innovator in the on-demand staffing sector, has successfully secured a total of $42.1M in capital to date. This trajectory of financial backing underscores the company's pivotal role in modernizing the hospitality labor market. Most recently, the firm finalized a major strategic investment of $40M, a move that signals strong institutional confidence in its platform-driven approach to connecting food and beverage professionals with high-demand venues.

The company's growth story is marked by a series of financing milestones, beginning with initial capital injections in 2018 and continuing through significant debt and equity rounds. This latest infusion of capital positions Qwick to further scale its operations and solidify its footprint within the competitive landscape of enterprise-level workforce management solutions.

What is Qwick?

Qwick
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2017, Qwick operates a sophisticated digital marketplace designed to bridge the gap between hospitality professionals and businesses such as hotels, caterers, and event venues. By leveraging real-time data and algorithmic matching, the platform facilitates seamless shift fulfillment, addressing the chronic labor volatility inherent in the food and beverage industry. Qwick has effectively transitioned from a localized startup into a robust enterprise-level service provider, offering a scalable solution that enhances operational efficiency for its partners while providing flexible earning opportunities for its workforce. Its market position is defined by its ability to integrate directly into the workflows of large-scale hospitality operations, ensuring that staffing needs are met with precision and reliability.

How much funding has Qwick raised?

Qwick has raised a total of $42.1M across 4 funding rounds:

2018

Other Financing Round

$1.3M

2020

Debt

$350K

2021

Debt

$492K

2022

Series B

$40M

Other Financing Round (2018): $1.3M, investors not publicly disclosed

Debt (2020): $350K led by PPP

Debt (2021): $492K supported by PPP

Series B (2022): $40M featuring Kickstart Ventures, Album VC, Desert Angels, and Tritium Partners

Key Investors in Qwick

Kickstart Ventures

Kickstart Ventures is the largest corporate venture capital firm in the Philippines, focusing on investing in early- to growth-stage tech startups that address real-world challenges through sustainable and inclusive innovation.

Album VC

Album VC specializes in investing in early-stage technology startups, providing both financial support and strategic guidance to help promising ventures achieve significant growth.

Desert Angels

Desert Angels is a nationwide angel investment group that provides a peer-driven network for accredited investors, offering structured deal flow and collaborative diligence for early-stage opportunities.

What's next for Qwick?

With the recent influx of $40M, Qwick is well-positioned to accelerate its product development roadmap and expand its geographic reach. The strategic focus will likely center on enhancing the platform's predictive analytics capabilities to better anticipate labor demand, thereby increasing the value proposition for enterprise clients. Furthermore, the company is expected to invest in deepening its integration with existing human resources and payroll systems, a critical step for enterprise-level adoption. As the hospitality sector continues to navigate post-pandemic labor shifts, Qwick's ability to provide a reliable, on-demand workforce will be central to its long-term growth strategy and market dominance.

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Frequently Asked Questions Regarding Qwick Financial Insights

What are the most recent funding rounds that Qwick has completed, and what were the funding rounds?
Qwick has recently completed 3 funding rounds: Series B on Nov 1, 2022, Debt on Feb 10, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Qwick has raised to date?
Qwick has raised a total of $42.1M in funding to date.
How many funding rounds has Qwick completed?
Qwick has completed 3 funding rounds.
How much funding did Qwick raise in its most recent funding round?
Qwick raised $40M in its most recent funding round.
Who are the lead investors in Qwick's latest funding round?
The lead investor in Qwick's latest funding round was Kickstart Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Qwick's history?
The largest funding round in Qwick's history was $40M.
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