Tech Company Financing Transactions

Nowsta Funding Round

Greatpoint Ventures Innovation Fund, Clocktower Technology Ventures and Compound Ventures invested in a $41 million Series B venture round for Nowsta. The funding round was announced on 1/28/2022.

Transaction Overview

Company Name
Announced On
1/28/2022
Transaction Type
Venture Equity
Amount
$41,000,000
Round
Series B
Proceeds Purpose
The new funding will enable the company to scale its operations across 25 new U.S. markets, double its 68-person headcount by the end of the year -- it was 25 people in 2021 -- and invest in product development and sales and marketing.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
20 Jay St.
Brooklyn, NY 11201
USA
Phone
Undisclosed
Email Address
Overview
Nowsta is a venture-backed technology company that sits at the intersection of financial wellness and workforce management. We're building a platform that leverages advancements in machine learning and payments technology to reimagine the way companies communicate with, and pay their hourly wage employees.
Profile
Nowsta LinkedIn Company Profile
Social Media
Nowsta Company Twitter Account
Company News
Nowsta News
Facebook
Nowsta on Facebook
YouTube
Nowsta on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nick Lillios
  Nick Lillios LinkedIn Profile  Nick Lillios Twitter Account  Nick Lillios News  Nick Lillios on Facebook


 

 

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We report on every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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