Gridwise Raises New Funds in Sign VCs Still Have Faith in Gig-Worker Economy
App helps drivers and delivery couriers manage earnings, expenses across platforms
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Gridwise Inc., an app that helps ride-share drivers and delivery couriers keep track of their work, raised $12.7 million in funding, a sign of confidence from venture capital investors that the gig economy will continue to grow even as volatility roils technology companies.
The funding was led by Crosslink Capital with participation from Autotech Ventures, Switch Ventures and Massive VC, among others.