Friday, November 30, 2018

Deputy raises US$80m from VC in a series B round



Venture Capital

“It’s not about the money but more about the expertise that we have been able to bring in,” he said. “OpenView, for example, has been really, really instrumental for the next stage of our journey.”

What Deputy Does

Ashik on the Gig Economy and how Deputy solves a major Pain 

Around the globe, most workers earn money on an hourly basis. In the U.S., according to the Bureau of Labor Statistics’ data from 2015, roughly 80 million workers were hourly, or about 60 percent of all wage and salary workers in the country.

“The world of work is changing,” he said. “We are becoming more about instant gratification, we want what we want when we want it, and work is no different.”

“If businesses of today do not recognize the change that is happening, if they don’t adapt to it, they will become irrelevant tomorrow. Our goal is to help our customers adapt to this change by offering more flexibility in how they engage their workers. Our vision is to help these businesses thrive in the future world.”

"Great things happen outside of your comfort zone so we really like to aim high and shoot for it," says Ahmed.

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