Wonolo
Wonolo is an American online marketplace that connects more than half a million freelancers and other temporary workers to businesses.[1]
History
Wonolo, short for "Work.Now.Locally", was founded in 2014 by Yong Kim and AJ Brustein.[2][3] The pair was selected by The Coca-Cola Company to be members of its "Founders" program which gave them the money and resources to start a company that solved a problem that Coca-Cola had. Noticing that Coca-Cola frequently faced scenarios that required quick, unplanned hires which was very difficult to do in short-notice with traditional talent sourcing sites, Kim and Brustein created Wonolo.[3]
The pair was selected by The Coca-Cola Company to be members of its "Founders" program which gave them the money and resources to start a company that solved a problem that Coca-Cola had. Noticing that Coca-Cola frequently faced scenarios that required quick, unplanned hires which was very difficult to do in short-notice with traditional talent sourcing sites, Kim and Brustein created Wonolo.[3] In April 2018, the company raised $13 million in a funding round led by Sequoia Capital.[4] In November 2018, Bain Capital Ventures raised $32 million in a Series C funding round including DAG Ventures, Sequoia Capital, Base10, AMN Healthcare, and Cendana bringing total funding to $60 million.[5][6] In December 2018, Wonolo announced a partnership with Waze|Waze Carpool to help workers find rides with others to nearby jobs.[7]
Service
Wonolo functions as a modern alternative to traditional staffing solutions. Traditional hiring involves posting job listings, waiting for applications, and conducting interviews.
The business posts an overview of the job as well as specifies the exact hours and pay that the worker will earn. Wonolo charges a fee to the business on top of the Wonolo temporary worker's pay. Through Wonolo, businesses can post job listings, request background checks, match with pre-screened local workers based on pre-selected qualifications, review worker profiles after they are assigned to them, and approve workers on completion of work with the ability to "favorite" workers for future job opportunities.[8] There is no bidding system, and Wonolo freelancers can choose whether or not to accept a project. Payments are processed through Wonolo, allowing peace-of-mind transactions, an escrow system, and third-party mediation.[5]
References
- ↑ Dmitrieva, Katia (October 28, 2020). "Amazon, FedEx Help Boost U.S. Warehouse Jobs Amid Online Boom". The Washington Post.
{{cite web}}: CS1 maint: url-status (link) - ↑ Sandler, Rachel (November 19, 2018). "Fast-growing startup that helps companies fill hourly jobs hunts new S.F. HQ". www.bizjournals.com. Retrieved 2021-07-21.
{{cite web}}: CS1 maint: url-status (link) - ↑ 3.0 3.1 3.2 Scheiber, Noam (2014-11-24). "Corporate America Is Using the Sharing Economy to Turn Us Into Temps". The New Republic. ISSN 0028-6583. Retrieved 2021-07-21.
- ↑ "Wonolo picks up $13M to create a way to connect temp workers with companies". TechCrunch. Retrieved 2021-07-21.
- ↑ 5.0 5.1 McBride, Sarah (November 28, 2018). "Venture Capitalists Are Taking $18-an-Hour Jobs to Understand the Gig Economy". Bloomberg. Retrieved July 21, 2021.
{{cite news}}: CS1 maint: url-status (link) - ↑ "Mobile staffing platform Wonolo raises $32M in Series C led by Bain Capital | Payments Dive". www.paymentsdive.com. Retrieved 2021-07-21.
- ↑ "Staffing app Wonolo partners with Waze Carpool to help gig workers get to jobs". VentureBeat. 2018-12-13. Retrieved 2021-07-21.
- ↑ Hanks, Christine. "Find Local Workers and Fill Staffing Positions On-Demand". Wonolo. Retrieved 2021-07-21.
External links
This article "Wonolo" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.