What is Workable?
Headquartered in London, Workable provides an end-to-end recruitment platform designed to streamline the entire hiring lifecycle. By integrating application tracking, candidate sourcing, and interview management into a unified interface, the company addresses the core pain points of modern HR departments. Its market position is defined by a focus on efficiency and data-driven decision-making, allowing enterprise clients to optimize their talent pipelines and reduce time-to-hire metrics significantly.
The company's growth strategy has been supported by a diverse syndicate of investors who recognize the scalability of its SaaS-based model. By maintaining a focus on user experience and feature innovation, Workable has successfully transitioned from early-stage development to a mature enterprise solution, effectively capturing market share within the competitive HR technology vertical.
How much funding has Workable raised?
Workable has raised a total of $85.9M across 7 funding rounds:
Angel/Seed
$654K
Angel/Seed
$780K
Series A
$1.5M
Series B
$27M
Series C
$5M
Other Financing Round
$50M
Debt
$1M
Angel/Seed (2013): $654K with participation from Alexis Pantazis, Openfund, Dimitris Vranopoulos, and Chrysanthos Chrysanthou
Angel/Seed (2013): $780K led by Openfund
Series A (2014): $1.5M supported by 83 North, Openfund, and Greylock IL
Series B (2015): $27M featuring Zouk Capital and Balderton Capital
Series C (2017): $5M backed by Notion and 83NORTH
Other Financing Round (2018): $50M with participation from Zouk Capital, Endeavor Global, TriplePoint, Balderton, 83NORTH, and Notion
Debt (2020): $1M led by PPP
Key Investors in Workable
83North
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies.
Balderton Capital
Balderton Capital is a London-based venture capital firm that raises dedicated funds to invest in early-stage, high-growth technology companies across Europe.
Zouk Capital
Zouk Capital is a fund manager dedicated to investing in the sustainable economy, focusing on opportunities at the intersection of infrastructure, technology, and sustainability.
What's next for Workable?
Looking ahead, Workable is well-positioned to leverage its recent capital injection to further enhance its technological infrastructure and market reach. As the demand for sophisticated recruitment automation continues to rise, the company is expected to prioritize the integration of advanced analytics and AI-driven sourcing tools to maintain its competitive edge. The strategic backing received to date provides the necessary runway to explore new geographic markets and deepen its penetration within the enterprise segment, ensuring that Workable remains at the forefront of the digital transformation in human resources.
See full Workable company page
