How Much Did Qwick Raise?
Funding & Key Investors

Qwick, an on-demand staffing platform for the food and beverage industry, has secured significant enterprise-level funding, with its most recent capital injection amounting to $40M. This latest strategic investment underscores the company's robust growth trajectory and its increasing prominence in the hospitality sector. The total capital raised by Qwick to date stands at $42.1M, positioning it for further expansion and operational enhancement.

What is Qwick?

Qwick
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2017 and headquartered in Scottsdale, Arizona, Qwick operates a dynamic platform designed to bridge the gap between food and beverage professionals and businesses requiring flexible staffing. The company's innovative model connects skilled workers directly with hotels, caterers, event venues, and restaurants seeking to fill immediate shift needs. This on-demand approach addresses the critical challenge of labor shortages and operational flexibility within the fast-paced hospitality industry, offering a streamlined solution for both employers and employees.

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 Desert Angels, Tritium Partners, Kickstart Ventures, and Album VC

Key Investors in Qwick

Desert Angels

Desert Angels is a non-profit network of accredited investors based in Tucson, Arizona, dedicated to empowering entrepreneurs and fostering innovation across North America. Since its inception in 2000, the organization has helped launch over 165 companies by providing essential funding, mentorship, and strategic connections.

Tritium Partners

Tritium Partners is an investment firm that collaborates with talented founders and executives to build market-leading technology and services companies. They focus on high-growth, capital-efficient businesses, providing support in areas such as value creation strategy, recruiting, and mergers and acquisitions.

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. As a wholly-owned subsidiary of Globe Telecom, it has made 70 investments globally, supporting over 130 founders.

What's next for Qwick?

With the infusion of major enterprise-level funding and a recent strategic investment, Qwick is poised for accelerated growth and market penetration. The substantial capital raised suggests a strategic focus on scaling operations, enhancing its technology platform, and potentially expanding into new geographic markets or service verticals. This backing will likely enable Qwick to further solidify its position as a leader in on-demand hospitality staffing, driving innovation and efficiency within the sector.

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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 Desert Angels. 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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