News Summary

Instawork, a leading platform connecting businesses with hourly workers, has launched a new product called Hiring, which leverages artificial intelligence to transform permanent placements for hourly workers. The platform, which has a global labor network of over 7 million vetted workers, aims to provide a comprehensive hiring solution amidst increasing challenges businesses face in finding qualified candidates. With AI-driven technology, Instawork facilitates over 600 million matches, allowing businesses to hire permanent workers confidently. This initiative follows a $60 million Series D funding round to enhance worker-business matches. A survey showed that 74% of businesses preferred Instawork over traditional job boards, highlighting its effectiveness in matching skills and cultural fit. Instawork operates in more than 40 markets across the U.S. and Canada, playing a critical role in local economies.