WorkMotion Software
Latest round
- Series B
Last raised
- Jun 2022
Total raised
- $64M
Investors
- 7
About WorkMotion Software
WorkMotion Software GmbH, established in 2020, provides global employment solutions designed to assist companies in hiring international talent. The company was founded by Felix Steffens, Karim Zaghloul, and Vassilina Mozajeva.WorkMotion specializes in providing comprehensive global employment solutions tailored to businesses looking to hire talent across borders. Their core offerings include Employer of Record (EOR) services, which facilitate rapid onboarding, compliance with local labor laws, and management of payroll, taxes, and benefits for remote employees in over 160 countries. The platform generates locally compliant contracts within ten minutes, streamlining the onboarding process and eliminating the complexities associated with opening legal entities in foreign markets. WorkMotion's clientele includes European businesses seeking to expand their workforce internationally while maintaining compliance with diverse regulations.WorkMotion generates revenue primarily through subscription-based access to its platform, which offers various packages designed to meet the specific needs of businesses employing remote workers. Clients subscribe to different service tiers that provide features such as payroll management, compliance support, and employee contract generation. Each contract and transaction is meticulously managed through the platform, ensuring compliance with local regulations and timely payment processing. WorkMotion’s services extend to both B2B and direct-to-consumer models, catering to a range of businesses from small startups to large enterprises. WorkMotion is also looking to expand its operations into additional international markets, targeting regions with high demand for remote employment solutions.
Who invested in WorkMotion Software
7 investors across 2 rounds
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Questions about WorkMotion Software
Who invested in WorkMotion Software?
WorkMotion Software has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has WorkMotion Software raised?
WorkMotion Software has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did WorkMotion Software last raise money?
WorkMotion Software's most recent round on record is a Series B, in Jun 2022.
What does WorkMotion Software do?
WorkMotion Software GmbH, established in 2020, provides global employment solutions designed to assist companies in hiring international talent.
Where is WorkMotion Software headquartered?
WorkMotion Software is headquartered in Berlin, Germany.
Which VCs invest in companies like WorkMotion Software?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at WorkMotion Software's stage. Their profiles are linked below.
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