Workable, an all-in-one HR platform, has secured $50.0 million in new investment capital. This funding round will support the company's ongoing development and expansion as it continues to provide businesses with tools to find, hire, and manage their teams more effectively.
The Workable platform offers a comprehensive suite of HR solutions, integrating a world-class Applicant Tracking System (ATS) with a flexible HRIS. It serves as a central system of record for all HR functions, enabling companies to source talent by posting to over 200 job boards and accessing more than 400 million candidate profiles. The platform simplifies hiring through AI-powered screening, self-scheduled interviews, and automated offer management. Beyond recruitment, Workable assists with employee management, including automated onboarding, secure HR data storage, and performance reviews, alongside time and attendance tracking for managing time off and monitoring work hours.
This significant capital infusion underscores investor confidence in Workable's robust technology and its proven ability to deliver value to organizations globally. The company plans to use the funds for strategic growth initiatives, further enhancing its platform capabilities, and expanding its market reach. Workable's software is currently trusted by over 30,000 companies across more than 100 countries, helping them build high-performance teams through intuitive and comprehensive HR technology.
With this investment, Workable is well-positioned to accelerate its mission of empowering businesses to optimize their entire HR lifecycle. The company aims to continue innovating its offerings, including leveraging AI to streamline tasks such as candidate sourcing, personalized email creation, and interview kit development, ensuring its users can manage their HR needs efficiently and effectively.
