What is Workable?
Established in 2012 and headquartered in London, UK, Workable provides comprehensive recruitment software designed to streamline the hiring process. The platform offers robust features for tracking applications, managing candidate pipelines, and optimizing overall recruiting efforts. Workable's solutions cater to businesses seeking to enhance their efficiency and effectiveness in talent acquisition, positioning it as a key technology provider in the human resources tech landscape.
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, Chrysanthos Chrysanthou, Alexis Pantazis, and Openfund
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 Endeavor Global, TriplePoint, Notion, Balderton, 83NORTH, and Zouk Capital
Debt (2020): $1M led by PPP
Key Investors in Workable
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.
Balderton Capital
Balderton Capital (balderton.com) is a Londonbased venture capital firm that raises dedicated funds to invest in earlystage, highgrowth technology companies across Europe, typically leading Seed and Series A rounds and supporting founders through global scaleup and exits.
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?
The company's history of securing major enterprise-level funding, including significant strategic investments, indicates a strong market validation and a clear path toward scaling its operations and expanding its product offerings. This sustained financial support suggests Workable is well-positioned for further innovation and market penetration, likely focusing on enhancing its AI-driven recruitment capabilities and broadening its global reach. Future developments may involve deeper integrations with HR ecosystems and advanced analytics for talent management.
See full Workable company page