HourWork Raises Additional $2.5M; Series A Round Fund Raise to $12.5M
- HourWork, a Boston, MA-based SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, raised $2.5m in additional Series A funding
- The round was led by MassMutual’s MM Catalyst Fund (MMCF), which joined Morgan Stanley’s Next Level Fund, Positive Sum Ventures, and RelishWorks
- This new funding complements company’s $10m Series A funding round completed in March and brings the total Series A raise to $12.5m
- The company intends to use the funds to scale its customer success, sales, and marketing teams
- The company provides a recruitment and retention platform used by more than 5,000 quick-service restaurant franchises across the United States
- In addition to the new funding, Carla Harris joins company’s Board of Directors as an observer