ShiftPixy Announces Pricing of its Public Offering

ShiftPixy, (Nasdaq: PIXY), a Florida-based gig engagement platform provider, today announced the pricing of an underwritten public offering with expected total gross proceeds of $12,000,000, before deducting underwriting discounts, commissions and other offering expenses payable by the Company. The securities offered by the Company consist of 4,000,000 shares of common stock together with warrants (the…

Buckle Gets $31 Million for Insuring Rideshare Drivers

Buckle, a tech-enabled financial services company, has filed its Regulation D and disclosed it raised $31 million through its Series A funding round co-led by HSCM Bermuda and Eos Venture Partners. Addressing gaps in conventional insurance policies that leave gig workers underinsured, Buckle is using the funding to reinvent the insurance model with new sources of data to…

San Francisco-Based Kover.ai Raises $1.5M for Gig Worker Benefits

The first insurance company, Lloyd’s of London, was founded back in 1686 as a place for merchants on the sea to insure their cargos. For a fund management fee, Lloyd’s of London collected premiums from the merchants and paid out claims to the merchants who lost their cargos. This same infrastructure of having an expensive human organization act…

CareerGig now offers affordable insurance for freelancers

As the U.S. unemployment rate remains high, CareerGig, an online SaaS-based platform launched today offering affordable insurance for freelancers. The platform also provides access to available freelance gigs and contract projects at top companies looking for candidates. On the hiring end, companies that sign up for the service will have access to state of the…

Bluecrew Offers Free Telemedicine to Hourly Workers

Bluecrew, the staffing technology platform for a flexible W-2 workforce, is now offering an additional benefit to the thousands of Crew Members working hourly jobs on the company’s platform. In response to growing concern over the health and wellbeing of hourly workers amid the national health crisis, all Bluecrew Crew Members and their families will…

Wonolo to Give It’s Gig Workers Paid Time Off

Wonolo, the leading temporary staffing platform, has announced today Wonolo Up, a full set of portable benefits designed to meet the needs of a flexible workforce. As a part of Wonolo Up, workers on the platform can earn paid Flex Time Off (FTO), connect to a wide range of benefits like health and dental insurance, and get access…