Payable Raises $2.1M To Build Out A Payments Platform For Contractor-Based Businesses

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techcrunch.comGig economy or not, it looks like part-time or flexible jobs are becoming a more structural part of the labor market. But software hasn’t necessary improved to help contractor-based businesses to manage their payments.

So a team of Intuit veterans went through Y Combinator to build a platform called Payable that will easily let contractors measure and bill their hours and help businesses manage their invoices in a single dashboard. The company, formerly known as Tiempo, has just raised $2.1 million from Freestyle Capital, Redpoint Ventures and Sherpa Ventures, Lerer Hippeau Ventures, Rothenberg Ventures, Haystack, Moment Ventures and other angel investors.

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