How Much Did Wonolo Raise?
Funding & Key Investors

Wonolo, a prominent player in the on-demand staffing sector, has successfully navigated multiple rounds of capital infusion to solidify its market position. With a total historical backing of $192.9M, the company has demonstrated a consistent trajectory of growth. Most recently, the firm secured a major strategic investment totaling $138M, underscoring investor confidence in its scalable labor solutions platform.

What is Wonolo?

Wonolo
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2013 and headquartered in San Francisco, Wonolo provides a sophisticated digital marketplace that connects businesses with on-demand workers. By streamlining the recruitment and scheduling process, the company addresses critical inefficiencies in the modern labor market. Its platform serves as a vital bridge for enterprises requiring flexible staffing solutions, effectively digitizing the traditional temporary employment model to meet the demands of a dynamic, real-time economy.

How much funding has Wonolo raised?

Wonolo has raised a total of $192.9M across 6 funding rounds:

2015

Angel/Seed

$2.2M

2016

Series A

$5.7M

2018

Series B

$13M

Series C

$32M

2020

Debt

$2M

2021

Unspecified

$138M

Angel/Seed (2015): $2.2M with participation from Coca-Cola Founders and Foundry Group

Series A (2016): $5.7M led by PivotNorth Capital, CrunchFund, and Coca-Cola Founders

Series B (2018): $13M supported by Steamboat Ventures

Series C (2018): $32M featuring Bain Capital Ventures, Cendana Capital, AMN Healthcare, DAG Ventures, Steamboat Ventures, and Base10

Debt (2020): $2M backed by PPP

Unspecified (2021): $138M with participation from G2 Venture Partners, Leeds Illuminate, and Franklin Templeton

Key Investors in Wonolo

G2 Venture Partners

G2 Venture Partners focuses on transformative technologies that revolutionize traditional industries, targeting growth-stage companies to promote long-term sustainability and efficiency.

Leeds Illuminate

A growth equity firm specializing in the education and workforce development sectors, dedicated to amplifying financial returns alongside measurable social impact.

Franklin Templeton

A global investment management organization providing specialized expertise across multiple asset classes, including venture capital and private equity, to support institutional-grade growth.

What's next for Wonolo?

Following its latest major strategic investment, Wonolo is well-positioned to accelerate its enterprise-level expansion. The company is expected to leverage this capital to enhance its algorithmic matching capabilities and broaden its footprint across diverse industrial sectors. By focusing on operational efficiency and technological integration, Wonolo aims to further solidify its role as a cornerstone of the gig economy, providing sustainable value to both its corporate clients and the workforce it supports.

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Frequently Asked Questions Regarding Wonolo Financial Insights

What are the most recent funding rounds that Wonolo has completed, and what were the funding rounds?
Wonolo has recently completed 3 funding rounds: Unspecified on Oct 19, 2021, Debt on Apr 15, 2020, Series C on Nov 19, 2018.
What is the total amount of funding Wonolo has raised to date?
Wonolo has raised a total of $192.9M in funding to date.
How many funding rounds has Wonolo completed?
Wonolo has completed 3 funding rounds.
How much funding did Wonolo raise in its most recent funding round?
Wonolo raised $138M in its most recent funding round.
Who are the lead investors in Wonolo's latest funding round?
The lead investor in Wonolo's latest funding round was G2 Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Wonolo's history?
The largest funding round in Wonolo's history was $138M.
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