5 years ago

Orka Raises €33.5 Million to Fuel Growth of Shift Worker Solutions

  • Orka, a UK-based HR tech startup, has raised €33.5 million in a mix of debt and equity financing

  • The funding will be used to fuel the growth of its solutions for shift workers, including its earned wage access product Orka Pay, and to double its headcount to 50 in 2021

  • Orka's solutions aim to cater to the growing demand for flexible employment options and improve the experience of hourly paid workers

  • The company has seen significant growth in its existing products, including Orka Works, which allows workers to find flexible temporary employment, and is launching a new product, Orka Check, to improve the process for worker background checks.

      • ProblemTechnology

      "making hourly paid workers' experience of temporary employment more flexible and streamlined, improving the service offered to businesses and employees, and providing an alternative to traditional recruitment, onboarding, and payment models."

      Solution

      "Orka provides tech solutions for shift workers, including Orka Pay, which enables workers to withdraw up to 50% of their wages as soon as they have earned them, and Orka Works, which allows workers to quickly and easily find fair and flexible temporary employment with large organisations."

      Covered on