5. Justworks $40M
Round: Series D
Select investors: Bain Capital Ventures, FirstMark, Index Ventures, LocalGlobe, Redpoint
Description: Justworks is an online platform that handles the payroll and payments procedure, benefits facilities, and compliance issues of its users.
Industry: Employee Benefits, Enterprise Software, Internet
Funding round details: Justworks, the payroll and benefits platform founded by Iris Ramos and Isaac Oates in 2012, has raised $40M in Series D funding from investors that include Index Ventures, Redpoint, FirstMark, Thrive Capital, and Bain Capital. This brings the total funding raised to $93M over five funding rounds.
The team at AlleyWatch believes it’s important to have an inclusive discussion around the challenges facing women in tech along with highlighting the work of the female entrepreneurs that have made NYC one of the best places for women in tech according to some recent studies. That’s why we are running this series that showcases women in tech in New York.
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