About Hour4u
Hour4u is a Technology company based in Noida (India) founded in 2016 by Anmol Pathak. On-demand staffing platform for multi-industry hourly jobs is provided. Hour4u has raised $784.69 thousand across 2 funding rounds from investors including Apptad. Hour4u was last valued at $1.52 million in May 2023. Its chief executive, as recorded, is Anmol Pathak. Its Indian entity Hour4u Technologies Private Limited reported revenue of ₹2.76 Cr. Hour4u offers products and services including Staff Booking Service and Venue Booking Service. Its focus areas include Enterprise Applications, HRTech, Contract Workforce Recruitment and On Demand Staffing Platform. Its competitors include Awign, smartstaff and Vahan; 3 of its 3 listed competitors have raised funding.
Company details
Hour4u was founded in 2016 and is based in Noida, India. An on-demand staffing platform is operated across multiple industries, allowing users to explore and apply for hourly jobs that match their schedules. Payments are received for each hour worked at selected rates. Background checks are facilitated through the platform to support hiring processes.
- Headquarters Noida, India
- Founders Anmol Pathak
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Website hour4u.com
- Social Facebook
- Legal Name Hour4u Technologies Private Limited
- Date of Incorporation 29 May, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.76 Cr
FY 2024 · -1% YoY
- Net Loss-₹78.8 Lakh
FY 2024 · -29% margin
- EBITDA-₹67.8 Lakh
FY 2024 · -25% margin
- Total Equity Funding$784.69K (USD)
in 2 rounds
- Latest Funding Round$420K (USD), Seed
Jun 2024
- Investors
Associated legal entities of Hour4u
Hour4u operates through Hour4u Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hour4u Technologies Private Limited CIN U74999PN2019PTC184454 | Active | 29 May 2019 | Pune, Maharashtra | ₹2.8 Cr | 2 | View details |
Products & Services of Hour4u
Hour4u offers a comprehensive portfolio of products and services, including Staff Booking Service and Venue Booking Service.
Service for booking on-demand hourly staff for events
Platform for booking venues on an hourly basis
Funding Insights of Hour4u
Hour4u has successfully raised a total of $784.69K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $420 thousand completed in June 2024. 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 $784,686
- Total Rounds 2
- Last Round Seed — $420,000
- First Round $364,686
(May 2023)
- Investors Count 1
All 2 funding rounds of Hour4u with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $1.52M | •••••••• |
Last known valuation $1.52M (May 2023). 1 investors in total: 1 institutional.
Investors in Hour4u
Hour4u has secured backing from 1 investor. Prominent investors backing the company include Apptad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| apptad.com |
Investor details for Hour4u
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Hour4u Technologies Private Limited (Hour4u)
Hour4u Technologies Private Limited is the primary company behind Hour4u. The board of Hour4u Technologies Private Limited currently have 2 directors; the longest-serving is Anmol, appointed in 2019.
People of Hour4u
1 people are tracked at Hour4u (1 in leadership).
| Name | Role | Group |
|---|---|---|
Anmol Pathak | Founder & CEO | Leadership |
Complete people profiles for Hour4u
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Financials of Hour4u
Figures of Hour4u Technologies Private Limited, the primary company behind Hour4u, for FY 2024. Revenue was ₹2.76 Cr (-1% year on year). Net loss was -₹78.8 Lakh (-29% margin). EBITDA was -₹67.8 Lakh (-25% margin). Revenue has grown at a compounded annual rate of +82% over three years.
- ₹2.76 CrRevenue · FY 2024 · -1% YoY
- -₹78.8 LakhNet loss · -29% margin
- -₹67.8 LakhEBITDA · -25% margin
- ₹1.3 LakhPaid-up capital
- +82%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hour4u Technologies Private Limited are on its company page.
Detailed financial statements for Hour4u
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Hour4u
4 dated milestones of Hour4u across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Hour4u is founded.
- Funding First funding round of $365K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $420K.
Competitors of Hour4u
Hour4u has 3 listed competitors in our database, 3 of them funded. They include Awign, smartstaff and Vahan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| awign.com | 2016 | Bengaluru, India | $28.85M | 227 | On-demand internships are offered via a cloud-based platform across industries. | |
| smartstaff.co.in | 2020 | Bengaluru, India | $12.59M | 438 | Provider of workforce management platform for blue collar employee lifecycle management | |
| vahan.co | 2016 | Bengaluru, India | $23.65M | 137 | AI-powered recruitment and staffing for blue-collar workers are provided. |
Detailed competitors of Hour4u
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Related news about Hour4u
Complete news archive for Hour4u
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Frequently Asked Questions about Hour4u
Hour4u was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Hour4u is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Anmol Pathak is the CEO of Hour4u, as recorded in our data. They have also founded this company.
Hour4u is a funded company, having raised a total of $784.69K across 2 funding rounds to date. The company's 1st funding round was a Seed of $364.69K, raised on May 2023.
The primary company behind Hour4u, Hour4u Technologies Private Limited, reported revenue of ₹2.76 Cr for FY 2024, down 1% year on year.
Hour4u was founded in 2016 and is based in Noida, India. An on-demand staffing platform is operated across multiple industries, allowing users to explore and apply for hourly jobs that match their schedules. Payments are received for each hour worked at selected rates. Background checks are facilitated through the platform to support hiring processes.
Hour4u's top competitors include Awign, Vahan and smartstaff.
Hour4u offers Staff Booking Service and Venue Booking Service.
Hour4u has 1 investor. Key investors include Apptad.
The valuation of Hour4u is $1.52M as of May 2023.
Hour4u operates through Hour4u Technologies Private Limited.
The legal entities of Hour4u currently have 2 directors, including Anmol, Vivek.