Instawork

San Francisco, United States Founded: 2015 • Age: 11 yrs
Cloud-based on-demand staffing platform for multi-industry

About Instawork

Instawork is a Technology company based in San Francisco (United States) founded in 2015 by Sumir Meghani. Instawork has raised $148.12 million across 5 funding rounds from investors including WndrCo, TCV and 9Yards Capital. The company has 120 employees. Instawork has completed 2 acquisitions, including Able Jobs and Drafted. Its chief executive, as recorded, is Sumir Meghani. Its website instawork.com draws about 472 thousand monthly visits. Its Indian entity Instawork Services India Private Limited reported revenue of β‚Ή29.08 Cr. Instawork offers products and services including Staffing Platform, Temporary Worker Service, and Permanent Worker Service. Its focus areas include Enterprise Applications, HRTech, Contract Workforce Recruitment and On Demand Staffing Platform. Its competitors include Wonolo, Traba and WorkWhile; 3 of its 3 listed competitors have raised funding.

Company details

Cloud-based on-demand staffing platform for multi-industry. Candidates can search for jobs using keywords and location. Employers can use it to list positions, screen applicants, and schedule interviews. Food and beverage, warehouses, and event management are among the industries served. The platform offers solutions to a variety of businesses, including food, hospitality, warehouses, and restaurants.

Key Metrics
  • Indian entity revenue
    ₹29.08 Cr

    FY 2025 · -8% YoY

  • Indian entity net profit
    ₹3.29 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹4.74 Cr

    FY 2025 · 16% margin

  • Total Equity Funding
    $148.12M (USD)

    in 5 rounds

  • Latest Funding Round
    $60M (USD), Series D

    May 2023

  • Investors
    WndrCo

    & 15 more

  • Employee Count
    120
  • Investments & Acquisitions
    Able Jobs

    & 1 more

Products & Services of Instawork

Instawork offers a comprehensive portfolio of products and services, including Staffing Platform, Temporary Worker Service, and Permanent Worker Service.

Staffing Platform
HR Tech

Platform for businesses to hire workers for shifts and roles

Temporary Worker Service
On-Demand Staffing

Service for one-off events and seasonal staffing needs

Permanent Worker Service
Recruitment Tech

Service for hiring full-time team members

Apps and channels of Instawork

Instawork publishes 2 mobile apps with over 1M+ downloads.

Instawork: Be your own boss
Google Play Business Everyone Free
Developer: Instawork
View on Google Play
Instawork Business Staffing
Google Play Business Everyone Free
Developer: Instawork
View on Google Play

Funding Insights of Instawork

Instawork has successfully raised a total of $148.12M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $60 million completed in May 2023. 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 $148.12M
  • Total Rounds 5
  • Last Round Series D β€” $60M
  • First Round $120,000

    (Aug 2015)

  • Investors Count 16

All 5 funding rounds of Instawork with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$60MSeries D–TCV
Jul 2021$60MSeries C–Craft Ventures
May 2019$18MSeries B–Spark Capital, Google Ventures
Feb 2019$10MSeries A–Benchmark
Aug 2015$120,000Seed–Y Combinator
–
Valuation history

16 investors in total: 15 institutional and 1 angel.

Investors in Instawork

Instawork has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include WndrCo, TCV and 9Yards Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital is invested in global technology companies by TCV.
tcv.comMenlo Park, United States
Venture capital investments are offered to promising startups.
benchmark.comSan Francisco, United States
Spark Capital is engaged in venture capital investments.
sparkcapital.comSan Francisco, United States
Venture capital fund focused on SaaS and consumer sectors
craftventures.comSan Francisco, United States
Venture capital firm specializing in early-stage tech investments and founder support.
1965greylock.com
Venture capital firm investing in seed & series A startups
cornerventures.comPalo Alto, United States
Tech focused expansion stage VC firm in the US
fourriversgroup.comSan Francisco, United States
Corporate backed venture capital fund investing in multiple sectors
gv.comMountain View, United States
Early-stage investments are provided to transformative technology companies.
svangel.comSan Francisco, United States
Early-stage startups are accelerated via funding and educational programs.
ycombinator.comMountain View, United States
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Investor details for Instawork

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 Instawork Services India Private Limited (Instawork)

Instawork Services India Private Limited is the primary company behind Instawork. The board of Instawork Services India Private Limited currently have 3 directors; the longest-serving is Sumir A Meghani, appointed in 2017. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sumir A Meghani
DIN 07888276
Director10 Aug 20179 yrs 3 moInstawork Services India Private Limited
Reshav Singla
DIN 03245085
Director02 Sep 20206 yrs 2 moInstawork Services India Private Limited
Vaibhav Pandey
DIN 10218198
Director29 Jun 20233 yrs 4 moInstawork Services India Private Limited

People of Instawork

113 people are tracked at Instawork (21 in leadership, 92 in team); the tracked headcount is 120.

NameRoleGroup
Co-Founder & CEOLeadership
Kyle Hussey
Vice President Of Sales & Account ManagementLeadership
Jason Lee
VP, Business OperationsLeadership
Mark Wallace
CFOLeadership
Debarshi Kar
CTOLeadership
Keith Chapman
Chief Legal OfficerLeadership
Rishi Mohnot
Head Of Revenue OperationsLeadership
Kenneth L.
Director Business OperationsLeadership
Adam Stepinski
VP EngineeringLeadership
Ratnesh Neema
Director Of EngineeringLeadership
Wenbo L. (Esti)
Head Of IT And SecurityLeadership
Marc Caplan
VP, Hospitality PartnershipsLeadership
Austin Bumpus
Sr. Director, Strategic PartnershipsLeadership
David Sullivan
Sr. Director, Strategic PartnershipsLeadership
Brian Pryor
Director Of Strategic PartnershipsLeadership
Ashwin Somakumar
Vice President, MarketingLeadership
Adam Herbert
Vice President, PartnershipsLeadership
Vera Neinken
Head Of Fp&aLeadership
Cheng-Ing Chia
Head Of Data Science / Machine LearningLeadership
Jared Gidan
Director, Sports & EntertainmentLeadership

93 more people are available in the full profile.

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Complete people profiles for Instawork

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Instawork

Figures of Instawork Services India Private Limited, the primary company behind Instawork, for FY 2025. Revenue was ₹29.08 Cr (-8% year on year). Net profit was ₹3.29 Cr (11% margin). EBITDA was ₹4.74 Cr (16% margin). Revenue has grown at a compounded annual rate of +17% over three years and +36% over five years.

  • ₹29.08 CrRevenue · FY 2025 · -8% YoY
  • ₹3.29 CrNet profit · 11% margin
  • ₹4.74 CrEBITDA · 16% margin
  • ₹10 LakhPaid-up capital
  • 120Employees (provident fund records)
  • +17%Revenue CAGR, 3 years
  • +36%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Instawork Services India Private Limited are on its company page.

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Detailed financial statements for Instawork

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Investments & Acquisitions by Instawork

Instawork has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Able Jobs and Drafted.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Online candidate assistance is provided through tools and training platforms.
ablejobs.coBengaluru, India2019Aug 2024β€’β€’β€’β€’
Employee referral network-based hiring platform
drafted.usBoston, United States2015Aug 2021β€’β€’β€’β€’
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Complete acquisition details for Instawork

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Verified entity values are shown only after access is granted.

Timeline of Instawork

5 dated milestones of Instawork across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Instawork is founded.
  2. Funding First funding round of $120K.
  3. Acquisition Acquires Drafted.
  4. Funding Latest funding round, Series D, of $60.0M.
  5. Acquisition Acquires Able Jobs.

Competitors of Instawork

Instawork has 3 listed competitors in our database, 3 of them funded. They include Wonolo, Traba and WorkWhile.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wonolo.com2013San Francisco, United States$192.93M176
On-demand staffing platform is operated for job matching and shifts.
traba.work2021Miami, United States$45.61M
Online platform for contract workforce recruitment
workwhilejobs.com2019San Francisco, United States$39.5M
Positions are filled with pre-screened workers via mobile recruitment app.
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Detailed competitors of Instawork

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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Web traffic of Instawork

The website of Instawork (instawork.com) receives about 471.5K visits a month and ranks #107,134 among all websites worldwide, #1,419 in Jobs and Employment.

  • Monthly visits
    471.5K

    ▲ 3.6% vs previous month

  • Unique visitors
    232.8K

    per month

  • Global rank
    #107,134

    among all websites

  • Category rank
    #1,419

    Jobs and Career · Jobs and Employment

Similar websites

Websites whose visitors overlap most with Instawork. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ziprecruiter.com
100%
32.8M#1,342View details
workers.com
workers.com
94%
#1,031,250–
indeed.com
92%
416.4M#70View details
insightglobal.com
92%
911.1K#61,141View details
thetempconnection.com
thetempconnection.com
91%
#1,576,347–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Instawork

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  • 40 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Instawork (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Instawork

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Frequently Asked Questions about Instawork

Instawork was founded in 2015.

Instawork is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Sumir Meghani is the CEO of Instawork, as recorded in our data. They have also founded this company.

Instawork is a funded company, having raised a total of $148.12M across 5 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 2015.

Instawork has 120 employees.

The primary company behind Instawork, Instawork Services India Private Limited, reported revenue of β‚Ή29.08 Cr for FY 2025, down 8% year on year.

Cloud-based on-demand staffing platform for multi-industry. Candidates can search for jobs using keywords and location. Employers can use it to list positions, screen applicants, and schedule interviews. Food and beverage, warehouses, and event management are among the industries served. The platform offers solutions to a variety of businesses, including food, hospitality, warehouses, and restaurants.

Instawork's top competitors include Wonolo, WorkWhile and Traba.

Instawork offers Staffing Platform, Temporary Worker Service, and Permanent Worker Service.

Instawork has made 2 acquisitions, including Able Jobs, and Drafted.

Instawork has 16 investors. Key investors include WndrCo, TCV, 9Yards Capital, Benchmark, and Spark Capital.

Instawork operates through Instawork Services India Private Limited.

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