New York based tech enabled PEO has raised a $40m Series D led by FirstMark Capital.
It’s indicative of the constant push-and-pull startups and founders face when having to juggle the hopes and dreams of their own road map and product with the constant need from employees. But that constant ask, borne from what was actually an unintuitive critical need for their customer base, ended up straight on the road map even if things had to be tabled. And Justworks isn’t known for moving lightning fast and breaking things in half. Instead, Oates wants to move slowly, make users happy, and get the right people in place before beginning to rapidly expand across the U.S. — which is part of the reason why the company is announcing today that it has been able to secure a new $40 million financing round.