HourWork logo — Unifying employers and hourly workers. Recently acquired by...

HourWork

Unifying employers and hourly workers. Recently acquired by Sprockets!

Founded 2017 United States Boston, United States 16 employees Series A Total: $16.30M Human Resources

General Information

Company Name HourWork
Founded Year 2017
Location United States Boston, United States +1
Employees 16
Industries Human Resources
Funding Stage Series A
Social

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About HourWork

HourWork, founded in 2017, is a US-based innovator in the Human Resources sector, dedicated to bridging the gap between employers and hourly workers. The company's strategic move of joining forces with Sprockets underscores their commitment to enhancing their recruitment and retention suite, promising robust solutions for businesses.

The recent acquisition by Sprockets offers a synergistic opportunity to expand capabilities and streamline services. Their last injection of funds was a $2.50M Series A investment on 02 June 2022, led by notable investors such as Relish Works, Positive Sum, Morgan Stanley, and MassMutual.

The acquisition signals a promising trajectory for HourWork, positioning them well to capitalize on growth opportunities in the HR tech landscape. Prospective investors should monitor how they leverage this alliance to attract and retain clients in a competitive market. Current customers are encouraged to transition to the newly integrated platform to ensure seamless service continuity.

Taxonomy: recruitment platform, retention solutions, hourly workforce, quick-service restaurants, franchise support, employer-worker connection, talent acquisition, employee retention, workforce management, service transition, platform integration, business solutions

Services & Products

Recruitment and Retention Platform
AI-Driven Engagement Tools
HRIS System Integration
Business Insights and Analytics

Target Customers

Quick Service Restaurants (QSRs) Franchise Owners and Operators HR Professionals in Food and Beverage Industry Operations Leaders in Restaurant Chains

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 4
Investor Investor
•••• ••••
02 Jun 2022
Series A •••••• 10
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
28 Mar 2022
Seed Round •••••• 1
Investor
19 Oct 2021
Seed Round •••••• 1 •••• •••• 20 May 2021
Seed Round •••••• 1
Investor
15 Oct 2020

View All 7 Funding Rounds

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FAQ About HourWork

Unifying employers and hourly workers. Recently acquired by Sprockets!
HourWork was founded in 2017.
HourWork is headquartered in Boston, United States.
HourWork operates in the following industries: Human Resources.
HourWork has approximately 16 employees.
HourWork has completed 7 funding rounds, raising a total of $16.30M. The latest funding stage is Series A.
HourWork offers: Recruitment and Retention Platform, AI-Driven Engagement Tools, HRIS System Integration, Business Insights and Analytics.
Top alternatives and competitors to HourWork include Alberta Insurance Council, German Orient-Institute, Gwich'in Tribal Council, Goshen Public Library and Historical Society, Greek Orthodox Archdiocese of America. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
HourWork and Alberta Insurance Council are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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