AllWork, a New York-based end-to-end platform that helps companies more efficiently and compliantly onboard, manage, and pay their freelancer and contingent workforces, announced that it completed $4.9 million in Series A funding.
The round was led by FINTOP Capital, based in Nashville, Tennessee, who completed the whole round. Chris Haley and Rick Holton from FINTOP will be joining AllWork's Board of Directors.
The funds will be used to expand its software, payment services, and team to meet the increasing need by companies and freelancers for an easier way to work together.
"At AllWork, we believe that there is a huge opportunity to rethink how companies and freelancers work together. We have designed a platform purpose-built for onboarding, management, compliance, and integrated payments so companies and freelancers can manage their relationship all in one place," said Glenn Laumeister, CEO of AllWork.
AllWork's solution is unique in that it combines software, compliance, and payments into one complete, easy-to-use, integrated solution that customers love because it can be implemented in just two weeks and requires no other integrations.
Company: AllWork, Inc.
Round: Series A
Funding Month: December 2022
Lead Investors: FINTOP Capital
Company Website: https://www.allworknow.com/
Software Category: Freelancer Management and Payments Platform
About the Company: AllWork is a total freelancer management and payment platform. It helps companies more efficiently manage and pay every type of freelancer they need for their business, including all hourly, consulting, contract, and project-based workers for both short- and long-term assignments across all job functions, departments, and roles. By providing one streamlined platform for total freelancer management, businesses can leverage the new modern workforce, where the number of freelancers will soon be equal to the number of permanent employees in most companies.