Instawork

Instawork is a career marketplace focused on connecting hospitality professionals with businesses seeking to hire on-demand talent. Founded in 2015 and headquartered in San Francisco, California, the company transforms traditional recruiting practices for small businesses by providing an automated matching solution. Its platform allows qualified professionals and hourly workers to find job shifts that align with their schedules, thereby facilitating a more efficient hiring process. Instawork aims to create economic opportunities for local businesses and professionals on a global scale.

Adam Herbert

Vice President, Partnerships

Sumir Meghani

Co-Founder and CEO

2 past transactions

Able Jobs

Acquisition in 2024
Able Jobs is a job preparation and application platform that focuses on providing short-term training programs in sales, support, and marketing. The company aims to assist students in securing employment by offering training that can be completed in as little as five days. Able Jobs facilitates the hiring process for enterprises by allowing them to post job openings and access a pool of trained candidates. Companies only pay Able Jobs after successfully hiring a candidate, with a fee equivalent to one month of the employee's annual salary, typically around $150. In February, Able Jobs reported making 130 job placements, demonstrating its effectiveness in connecting trained freshers with potential employers.

Drafted

Acquisition in 2021
Drafted Inc. operates a network recruiting platform designed to assist companies in sourcing, qualifying, and hiring candidates. The platform enables businesses to leverage their employees' networks for referrals, enhancing the quality of candidate sourcing beyond first-degree connections. Drafted also features a Layoff Network, allowing users to nominate friends and colleagues affected by layoffs, thereby increasing their visibility to potential employers. The application automates the sourcing process, shortlisting relevant candidates and facilitating introductions through email or messaging platforms, which empowers employees and their extended networks to refer candidates effectively. Founded in 2014 and headquartered in Cambridge, Massachusetts, Drafted aims to create valuable connections within the hiring landscape.
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