WorkWhile, a platform that connects businesses with hourly workers using artificial intelligence, has raised $23 million in a Series B funding round, led by Rethink Impact, with participation from existing investors Khosla Ventures and Reach Capital, as well as Citi Impact Fund, GingerBread Capital and Illumen Capital.
According to a news release, the funding will fuel WorkWhile’s continued growth as it aims to transform the $650 billion global staffing industry. Its platform uses AI and machine learning to enhance outcomes for both workers and employers by analyzing tens of millions of data points to predict worker reliability and performance with 95 percent accuracy.
Alongside the funding announcement, WorkWhile revealed that Simon Khalaf, former CEO of fintech firm Marqeta, will join the company as chief operating officer as part of a broader expansion of its executive leadership team.
