Polywork Raises $28M in Series B Funding

Polywork, a NYC-based provider of a professional network, raised $28m in Series B funding.

The round, which brought brings total financing to $44.5m, was co-led by Nat Friedman (former GitHub CEO) and Caffeinated Capital with participation from existing and new investors including Andreessen Horowitz, Baron Davis, Bungalow Capital, Daniel Gross, Elad Gil, Fidji Simo, Maverick Carter and the founders of Stripe, Lyft, Clubhouse, Instacart, Lattice, Minted, and Divvy Homes.

The company intends to use the funds to continue to invest in building out the platform, and expand its team.

Led by founder and CEO Peter Johnston, Polywork is a professional network designed to connect professionals on opportunities outside the traditional 9-5, from speaking on podcasts, partnering on side projects, finding beta testers, speaking at events, mentoring and more. The company is giving professionals a space to express and celebrate their full identities and to connect with, learn from and collaborate with other professionals who share their interests.

To drive the next phase of its professional network, Polywork will also be introducing the private beta of Clubs, dedicated group spaces designed to drive collaboration among professionals based on their passions. Curated to combine specific interests and expertise, and vetted through badge-based entry and proof of experience, Clubs are designed for meaningful connection with moderators facilitating active group collaboration.

FinSMEs

15/09/2022

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