Asset Manager

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Gig Wage

Gig Wage provides payroll and instant payment infrastructure for the 1099 economy, founded by Craig J. Lewis in Dallas.

Gig Wage

Gig Wage is a company that provides payment solutions for the contractor economy. Founded in 2014, it is based in Dallas, Texas. The company offers services for onboarding, payment processing, and management of independent contractors for businesses, including instant and scheduled payments, tax documentation compliance, and support tools.

General information

Firm type

Asset Manager

Year founded

2014

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Dallas

Corporate office

Dallas, TX, United States

Principals

Craig J. Lewis

Founder & CEO

Sector focus

FinTechEnterprise Software

Frequently asked questions

Who runs investment decisions at Gig Wage?

Gig Wage is an operating company, not an investment firm. Strategic and capital-allocation decisions rest with founder and CEO Craig J. Lewis and the board of directors, which includes representatives from institutional investors such as Green Dot Corporation and Revolution's Rise of the Rest Seed Fund.

Where does Gig Wage's funding come from?

Gig Wage has raised venture capital from a mix of fintech-strategic and growth-stage investors. Known backers include Green Dot Corporation (a publicly traded bank holding company), Continental Investors, Revolution's Rise of the Rest Seed Fund, and Techstars. Total disclosed funding exceeds $20 million as of the 2023 Series A extension.

How is Gig Wage different from a standard payroll processor?

Gig Wage does not process W-2 payroll. Its entire platform is designed for 1099 contractor payments — handling IRS form generation (1099-NEC and 1099-K), variable payment schedules, and instant settlement. This contrasts with traditional payroll providers like ADP or Paychex, which are built around employee withholding, benefits deductions, and salaried pay cycles.

Does Gig Wage participate in the Visa Fast Track program?

Yes. Gig Wage is a participant in Visa Fast Track, which gives the platform direct access to Visa's push-to-card payment rails. This allows contractors paid through Gig Wage to receive earnings in near real-time on their existing debit cards, rather than waiting for ACH settlement.

Which vertical SaaS platforms has Gig Wage integrated with?

Gig Wage has announced integrations with Housecall Pro and Jobber, both of which operate in the home-services management vertical. These platforms use Gig Wage's API to embed contractor-payment capabilities directly into their software, letting home-service businesses pay electricians, plumbers, and cleaners without leaving their existing workflow.

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