What is Workable?
Established in 2012 and headquartered in London, UK, Workable provides a comprehensive recruitment software solution designed to streamline the hiring process. The platform efficiently tracks job applications, manages candidate pipelines, and facilitates overall recruiting operations for businesses. Workable's technology aims to simplify and optimize how companies find and hire talent, positioning it as a key enabler in the competitive HR technology landscape. The company's journey from its inception to its current funding status reflects a consistent trajectory of innovation and market penetration in the SaaS recruitment space.
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 Dimitris Vranopoulos, Alexis Pantazis, Openfund, and Chrysanthos Chrysanthou
Angel/Seed (2013): $780K led by Openfund
Series A (2014): $1.5M supported by Openfund, Greylock IL, and 83 North
Series B (2015): $27M featuring Zouk Capital and Balderton Capital
Series C (2017): $5M backed by 83NORTH and Notion
Other Financing Round (2018): $50M with participation from 83NORTH, Notion, Zouk Capital, TriplePoint, Endeavor Global, and Balderton
Debt (2020): $1M led by PPP
Key Investors in Workable
Openfund
Openfund maintains generic work positions that our portfolio founders keep an eye on for new hires they wish to make. If you think you have what it takes, check out these openings.
83 North
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies. The firm has a diverse portfolio with 90 companies and has achieved 33 exits and 14 unicorns since its inception. 83North focuses on supporting innovative startups across various sectors, helping them scale and succeed in the global market. Their investment philosophy emphasizes collaboration and a unique approach to fostering growth.
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. The company supports innovative projects, such as battery energy storage systems and electric vehicle charging infrastructure. Their portfolio includes investments in companies like enspired and Believ, which are advancing sustainable energy solutions. Zouk Capital aims to drive growth in the digital and sustainable sectors for a better future.
What's next for Workable?
With its recent major strategic investment, Workable is poised for accelerated growth and enhanced market leadership. The company is likely to leverage this capital to expand its product offerings, deepen its technological capabilities, and broaden its global reach. Future strategic initiatives may include further integration of AI-driven recruitment tools, expansion into new geographical markets, and strengthening partnerships within the HR tech ecosystem. This latest financing round signals strong investor confidence in Workable's business model and its potential to redefine recruitment processes for businesses worldwide.
See full Workable company page
