# Tom Sagi

> Tom Sagi is co-founder and CEO of Hourly, a Palo Alto-based fintech and insurtech platform that integrates payroll, time tracking, and workers' compensation insurance for small businesses with hourly employees. His frustration managing payroll manually at his family's construction business inspired him to build Hourly in 2018 alongside CTO Shay Litvak and Executive Chairman Amir Faintuch. The company has raised over $39 million in funding, forged partnerships with Great American Insurance and Nationwide, and grown to serve thousands of small businesses across construction, home services, and retail.

- **Role:** Co-founder and CEO at Hourly
- **Organizations:** Hourly, Exact Builders, Inc.
- **Nationality:** Israeli-American
- **Known for:** Raised over $39 million in total funding for Hourly, Built the first platform integrating workers' comp, payroll, and time tracking in real time, Crossed $10 million in workers' comp policies sold within nine months of product launch

## Career timeline

- **Pre-2018** — Managed family's construction company (Exact Builders, Inc.), handling payroll and workers' comp for 30-40 hourly employees
- **2018** — Co-founded Hourly with Shay Litvak and Amir Faintuch, inspired by construction payroll frustrations
- **2019** — Raised $7.15M seed round led by S Capital; launched Hourly platform
- **2022-06** — Raised $27M Series A led by Glilot Capital Partners; crossed $10M in workers' comp policies sold
- **2022-10** — Extended Series A to $32M; announced MGA collaboration with Great American Insurance Group
- **2022-11** — Hourly wins Comparably Award for Employee Happiness
- **2023-07** — Announced MGA partnership with Nationwide; coverage began August 1, 2023
- **2024** — Continued expansion of Hourly platform and insurance agent network

## Achievements

- Raised over $39 million in total funding for Hourly
- Built the first platform integrating workers' comp, payroll, and time tracking in real time
- Crossed $10 million in workers' comp policies sold within nine months of product launch
- Grew Hourly to 130 employees and approximately 1,000+ customers
- Secured MGA partnerships with Great American Insurance Group and Nationwide
- Built a network of 3,000+ appointed independent insurance producers through Nationwide
- Won Comparably Award for Employee Happiness (2022)
- Led Hourly to 20% monthly revenue growth during Series A period

## Latest updates

- **2023-07** — Hourly announced MGU partnership with Nationwide; coverage began August 1, 2023 for workers' comp policies
- **2022-11** — Hourly announced MGA collaboration with Great American Insurance Group to expand reach
- **2022-10** — Hourly extended Series A to $32M in total funding

## Links

- Website: https://hourly.io
- LinkedIn: http://www.linkedin.com/in/tomsagi
- Twitter/X: https://twitter.com/go_hourly
- Facebook: https://facebook.com/gohourly/

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Profile page: https://yespress.io/tom-sagi
Published by YesPress — https://yespress.io
Last updated: 2026-05-22