HourWork Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 21

Employees

  • Latest Deal Type
  • M&A

HourWork General Information

Description

Developer of a management application designed to optimize the hourly workforce. The company's platform integrates with existing human resource software with enterprise-grade security to make operations compliant and helps to recruit past applicants and former employees, enabling businesses to reduce costs, improve compliance, and increase engagement.

Contact Information

Website
www.hourwork.com
Formerly Known As
Aday Technologies, Syrg
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 45 School Street
  • Floor 2
  • Boston, MA 02108
  • United States
+1 (508)
Primary Industry
Business/Productivity Software
Other Industries
Human Capital Services
Parent Company
Sprockets
Vertical(s)
HR Tech, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 45 School Street
  • Floor 2
  • Boston, MA 02108
  • United States
+1 (508)

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HourWork Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 09-Aug-2024 Completed Generating Revenue
9. Later Stage VC 27-May-2022 Completed Generating Revenue
8. Later Stage VC (Series A) 11-Mar-2022 Completed Generating Revenue
7. Later Stage VC 16-Jul-2021 Completed Generating Revenue
6. Seed Round 20-May-2021 Completed Generating Revenue
5. Early Stage VC 01-Jan-2020 Completed Generating Revenue
4. Accelerator/Incubator Completed Generating Revenue
3. Grant 09-Apr-2018 Completed Generating Revenue
2. Accelerator/Incubator 05-Feb-2018 Completed Startup
1. Accelerator/Incubator Completed Startup
To view HourWork’s complete valuation and funding history, request access »

HourWork Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-2
Series A-1
Seed-4
Seed-3
Seed-2 806,589 $0.000100 8% $1.4 $1.4 1x $1.4 6%
Seed-1 965,067 $0.000100 8% $1.81 $1.81 1x $1.81 7.18%
To view HourWork’s complete cap table history, request access »

HourWork Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a management application designed to optimize the hourly workforce. The company's platform integrates with
Business/Productivity Software
Boston, MA
21 As of 2024

San Francisco, CA
 

San Francisco, CA
 
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HourWork Competitors (3)

One of HourWork’s 3 competitors is Workstream, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Workstream Venture Capital-Backed San Francisco, CA
SmartRecruiters Venture Capital-Backed San Francisco, CA
Fountain (Human Capital Services) Venture Capital-Backed San Francisco, CA
You’re viewing 3 of 3 competitors. Get the full list »

HourWork Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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HourWork Former Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alchemist Accelerator Accelerator/Incubator Minority
Catalyst Fund Accelerator/Incubator Minority
Dorm Room Fund Venture Capital Minority
Food Retail Ventures Venture Capital Minority
Harvard Innovation Launch Lab Accelerator/Incubator Minority
You’re viewing 5 of 20 investors. Get the full list »

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HourWork FAQs

  • When was HourWork founded?

    HourWork was founded in 2016.

  • Where is HourWork headquartered?

    HourWork is headquartered in Boston, MA.

  • What is the size of HourWork?

    HourWork has 21 total employees.

  • What industry is HourWork in?

    HourWork’s primary industry is Business/Productivity Software.

  • Is HourWork a private or public company?

    HourWork is a Private company.

  • What is HourWork’s current revenue?

    The current revenue for HourWork is .

  • How much funding has HourWork raised over time?

    HourWork has raised $19.5M.

  • Who are HourWork’s investors?

    Alchemist Accelerator, Catalyst Fund, Dorm Room Fund, Food Retail Ventures, and Harvard Innovation Launch Lab are 5 of 20 investors who have invested in HourWork.

  • Who are HourWork’s competitors?

    Workstream, SmartRecruiters, and Fountain (Human Capital Services) are competitors of HourWork.

  • When was HourWork acquired?

    HourWork was acquired on 09-Aug-2024.

  • Who acquired HourWork?

    HourWork was acquired by Sprockets.

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