Healthcare staffing firm AMN Healthcare has participated in a $32m series C round for Wonolo, the US-based operator of an online employment portal for temporary workers.
The round was led by Bain Capital Ventures, the venture capital arm of private equity firm Bain Capital, and included Base10 Partners, the VC fund co-founded by Adeyemi Ajao, formerly head of corporate venturing unit Workday Ventures.
VC firms DAG Ventures and Sequoia Capital also contributed to the round, as did fund-of-funds Cendana Capital. Wonolo’s total funding now stands at $60m, it said.
Founded in 2014, Wonolo provides an on-demand staffing platform to help blue collar businesses find hourly workers. It plans to use the series C capital to grow its team and expand into new local markets around the US.
Wonolo graduated from the Coca-Cola Founders scheme, the incubator run by beverage producer Coca-Cola that has since been shut down. It received $13m in its last round, which was led by Sequoia Capital and backed by Base10, PivotNorth and CrunchFund in April this year.
The company raised $5.7m from undisclosed investors in 2016, according to a regulatory filing, after securing $2.2m in seed funding from PivotNorth Capital, CrunchFund, Foundry Group and unnamed angel investors in May 2015.
Yong Kim, co-founder and chief executive of Wonolo, said: “Over the past four years, we have scaled our business model and built a thriving marketplace that connects hundreds of thousands of underemployed workers with the jobs they need.
“Bain Capital Ventures is providing us with the opportunity to put Wonolo’s technology into the hands of major Fortune 500 companies to help upend traditional staffing models.”