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Nowsta

HR and payment platform for shift workforces

101-200 employees
  • B2B
  • Enterprise
  • Recruitment
  • HR
  • Payments
  • SaaS
20 Jay St, Brooklyn, New York 11201, US

Company mission

To make a better and more human work experience, equipping both employers and employees with tools they need to meet the challenges of work in the 21st century.

Insights

3% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

Many businesses such as events and catering companies require temporary 'just-in-time' workers due to the flexible nature of the business. While necessary, this can be incredibly taxing for HR departments. Nowsta solves this problem.

The company provides an all-in-one mission control platform for flexible workforces which includes tools for the recruitment, deployment, management and payment of temporary workers. In addition to these core tools, the platform also leverages AI to streamline scheduling and analytical insights, provides a virtual bank account and payment platform for employees, and includes a holistic dashboard for individual event management. The company aims to reduce staffing wastage for businesses and reduce the friction associated with gig-based workforces - so far, this has proven popular, with Nowsta now managing hundreds of thousands of workers.

Whilst there are many HR and workforce payment platforms on the market, Nowsta stands out by recognizing the lack of solutions for temporary and flexible workforces. Perhaps this is why it became one of the fastest-growing tech companies in the customer-facing and frontline jobs. It will now begin to expand significantly, investing funding into scaling operations across over 25 new U.S markets.

Benefits

  • Flexible WFH and in office balance
  • Unlimited PTO
  • Health, dental and vision coverage
  • Commuter benefits
  • In-office snacks and team lunches
  • Dog friendly office
  • 100% Employer Paid Health Care including Dental, Vision, and Life Insurance for each Employee
  • 401K (no employer match)

Company values

  • Be an owner
  • Bias for action
  • Think big and do great things, together
  • Be a critical and thoughtful thinker
  • Creating an amazing customer experience
  • Practice radical candor

Funding (last 2 of 4 rounds)

Nov 2023

$35m

SERIES C

Mar 2023

$35m

SERIES B

$118.6m

Total funding

Founders

Graduate of Harvard University and the University of Oxford. Founded Nowsta in 2015 as CEO.