About Gig Wage
Gig Wage is a company based in Dallas (United States) founded in 2014 by Craig J Lewis.. Gig Wage has raised $11.5 million across 5 funding rounds from investors including SVB, Green Dot and Techstars. Gig Wage offers products and services including Seamless Onboarding, Instant Payments, W9 and 1099 Filings, and Scheduled Payments. Gig Wage operates in a competitive market with competitors including Gusto, Paylocity, Justworks, Earnin and Papaya Global, among others.
- Headquarter Dallas, United States
- Founders Craig J Lewis
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Visage Enterprise Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.5 M (USD)
in 5 rounds
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Latest Funding Round
$3.25 M (USD), Debt – Venture
Jul 08, 2021
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Investors
SVB
& 6 more
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Employee Count
Employee Count
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Products & Services of Gig Wage
Gig Wage offers a comprehensive portfolio of products and services, including Seamless Onboarding, Instant Payments, W9 and 1099 Filings, and Scheduled Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Quickly onboard contractors for efficient workforce management
Enable fast payments to contractors for better cash flow
Automate tax document capture and filings for businesses
Automate payments based on project timelines easily
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Funding Insights of Gig Wage
Gig Wage has successfully raised a total of $11.5M across 5 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $3.25 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Venture — $3.2M
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First Round
First Round
(24 Jul 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Debt – Venture - Gig Wage | Valuation |
investors |
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| Jan, 2021 | Amount | Series A - Gig Wage | Valuation | Foundry |
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| Oct, 2020 | Amount | Series A - Gig Wage | Valuation | Green Dot |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gig Wage
Gig Wage has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Green Dot and Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location | |
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Revolution is recognized as a D.C.-based investment firm.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Gig Wage
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Gig Wage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gig Wage Comparisons
Competitors of Gig Wage
Gig Wage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Paylocity, Justworks, Earnin and Papaya Global, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Cloud-based payroll management solutions are offered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based payroll and talent management software is offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gig Wage
Frequently Asked Questions about Gig Wage
When was Gig Wage founded?
Gig Wage was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Gig Wage located?
Gig Wage is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Gig Wage?
Craig J Lewis is the current CEO of Gig Wage. They have also founded this company.
Is Gig Wage a funded company?
Gig Wage is a funded company, having raised a total of $11.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Jul 24, 2015.
What does Gig Wage do?
Gig Wage was founded in 2014 and is headquartered in Dallas, United States. Operations focus on the fintech sector, providing payroll management and payment solutions tailored to gig workers and contractors. Contractor management and payments are automated through various methods, including credit or debit cards, bank transfers, and digital wallets. An API is offered for integration with existing systems, with services available on a subscription-based pricing model.
Who are the top competitors of Gig Wage?
What products or services does Gig Wage offer?
Gig Wage offers Seamless Onboarding, Instant Payments, W9 and 1099 Filings, and Scheduled Payments.
Who are Gig Wage's investors?
Gig Wage has 7 investors. Key investors include SVB, Green Dot, Techstars, Foundry, and Revolution.