Today, I am thrilled to share that we raised a $138 million growth round to continue on our journey. I am equally grateful and humbled to have new mission-driven investors joining us to help raise the bar for workers everywhere.
As labor shortages continue, workers have more voice and power than ever. We are seeing a seismic shift in what workers are looking for when it comes to selecting job opportunities. Workers are opting for flexible work that offers them a chance to further develop portable skills and get access to living-wage jobs at a variety of job sites. Wonolo’s next phase of growth will drive this evolution to bring more flexibility, fair chances, and fulfilling jobs to all workers.
To date, over 1 million Wonoloers have used our app to pick up jobs that fit their needs and schedules. Along the way, they have earned hundreds of millions of dollars. Every day, I hear stories from the community and feel deep gratitude for every Wonoloer who uses the Wonolo app to look for work opportunities.
Consistently, the community highlights the freedom to decide when and where they work as a key benefit of using Wonolo. Recently, one Wonoloer, Coy Nguyen told us: “I lost my corporate job due to loss of business from COVID-19. I had no income since then and my savings were drying up. I was starting to lose hope. I was on the edge of being homeless. Then my sister told me about Wonolo. I was able to sign up and start working immediately. Wonolo helped turn my life around. I was able to pay my bills and I believed in myself again.”
Hearing Coy’s story reminded me why Wonolo exists: to make work flexible and fulfilling for everyone. We created a short video that highlights some amazing members of the Wonolo community and our new investors, I welcome you to watch it and learn more about our journey: