# Workable Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/workable-software

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.workablehr.com
- Total disclosed funding: $83M
- Latest round: Series C (Nov 20, 2018)
- Investors on record: 7

## About

Workable Software Limited is a dedicated HR software provider specializing in recruitment and employee management solutions that enhance organizational hiring processes and workforce efficiency.Founded in 2012, Workable Software Limited operates from San Francisco, US and focuses on delivering a comprehensive HR platform. The company has undergone strategic pivots to enhance its software capabilities and has successfully raised USD 50 mn in Series C funding in November 2018, led by Zouk Capital. Founders Peter Dalman and Spyros Magiatis have established a robust foundation for the company, with CEO Nikos Moraitakis at the helm. Workable has completed a total of 5 deals to date, reflecting its growth trajectory in the HR technology sector.Workable provides an all-in-one HR software platform designed to streamline various HR functions, primarily focusing on recruitment, employee management, time tracking, and payroll. Core offerings include a comprehensive applicant tracking system (ATS), a talent sourcing suite, and an HR information system (HRIS), enabling employers to attract talent effectively through extensive job ad syndication and access to a database of over 400 million candidate profiles. Additional features such as customizable career sites, mobile-optimized applications, and self-service employee portals enhance the user experience for HR teams and candidates. Workable serves a diverse client base, including mid-sized and large enterprises across the United States, Europe, and various countries in Asia and Latin America.Workable operates primarily on a subscription-based revenue model, providing clients with tiered access to its suite of HR tools and features. Clients typically sign up for monthly or annual subscriptions, which grant varying levels of functionalities, including applicant tracking, employee management, and payroll processing. The firm's pricing plans are designed to meet the needs of different organizational sizes and HR demands, fostering long-term client relationships built on service and support.In November 2018, Workable Software Limited raised USD 50 mn in Series C funding led by Zouk Capital, with participation from TriplePoint Capital and other investors. This funding will be utilized to enhance product offerings and expand into new geographic markets, aiming to reach more enterprises seeking efficient HR solutions. Workable is expected to continue developing innovative HR tools and may target expansion into emerging markets across Asia and Latin America by the end of 2021.

## Funding rounds

- Series C, Nov 20, 2018, $50M — Zouk Capital, Balderton Capital, Notion Capital, TriplePoint Capital, Endeavor Catalyst, 83 North
- Series B, Sep 30, 2015, $27M — Balderton Capital, Notion Capital, 83 North
- Seed, Feb 26, 2015, $5M — OpenFund, 83 North
- Seed, Mar 4, 2013, $0.6M — OpenFund

## Investors

- OpenFund (https://capitalatlas.ai/funds/openfund) — Seed
- 83 North (https://capitalatlas.ai/funds/83-north) — Seed, Series B, Series C
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B, Series C
- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Series B, Series C
- Zouk Capital (https://capitalatlas.ai/funds/zouk-capital) — Series C
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Series C
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series C