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Justworks Raises Series A from Thrive and Index

I’m pleased to share some exciting news with you: we just closed $6 million in Series A funding. Justworks is moving onward and upward!

Blog Author - Isaac Oates
Isaac Oates
Oct 9, 20142 minutes
Blog Author - Isaac Oates
Isaac Oates

In addition to leading our Board, as Executive Chair, Isaac focuses on innovation at Justworks Labs, social impact initiatives via Justworks.org, and developing Justworks’ next generation of leaders through its Leaders’ Fellowship program.

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I’m pleased to share some exciting news with you: we just closed $6 million in Series A funding. Thrive Capital led the round, and Index Ventures participated along with some of our existing angel and seed investors. We are fortunate to be backed by some of the best minds in the tech industry.

Justworks funding update: we've since raised our Series B and our Series C.

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A Year of Growth

This investment represents what we’ve known for a long time: We serve a generation of entrepreneurs that need better tools and services to build and run their companies. The status quo is not good enough. In fact, our community has grown by 13x in 2014 alone, and today we’re privileged to serve over 2000 companies with employees and contractors in all 50 states and abroad.

It’s hard to believe that it’s only been a year since we launched and began providing payroll, benefits and HR services. What a trip!

Our product has grown by leaps and bounds over the past year: If you sign up today, you’re getting access to the single best employment platform available in the market.

We’re only getting started. With this additional capital, we’ll continue to invest in the Justworks platform, making sure that you’re getting access to unparalleled services along with a great experience. We’ll also be investing in growing our membership. Entrepreneurs need to know about Justworks. The premise of our business is “power in numbers”. As our community grows, so too will our ability to deliver even better products and services.

As a fellow entrepreneur, or someone who works with them, you know what a thrill it is to build something from nothing, to create value where there wasn’t any before. Thank you for taking this ride with us; we look forward to continuing the journey with you and we can’t wait to see what’s ahead.

Onward,

Isaac

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.
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Written By
Blog Author - Isaac Oates
Isaac Oates
Oct 9, 20142 minutes

In addition to leading our Board, as Executive Chair, Isaac focuses on innovation at Justworks Labs, social impact initiatives via Justworks.org, and developing Justworks’ next generation of leaders through its Leaders’ Fellowship program.

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