WorkJam Raises $50 Million In Funding Round

  • April 6, 2020 at 12:32 PM EDT
  • By Adam Blair
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WorkJam, a digital workplace solutions provider for enterprises with frontline employees, has raised $50 million in a Series C funding round led by Canadian venture capital firm Inovia Capital, and including Fonds do Solidarité FTQ and Claridge Inc. All existing investors, including WorkJam’s management team, also participated in the funding round.

The solution provider will use the funds to innovate, expand geographically, seek acquisitions and invest in its employees. Currently more than 1.5 million frontline employees use the WorkJam Digital Workplace Platform across 35 countries in 28 languages. The platform enables non-desk employees with scheduling capabilities, an open shift marketplace, mobile punching, training and surveys, all provided in a unified set of mobile- or desktop-based modules that can be deployed separately or together.

The company already has deepened its investment in open shift marketplaces, flexible scheduling for employees and self-service scheduling for frontline workers and managers via two recent acquisitions. In February 2020, WorkJam acquired Forge, an on-demand staffing platform, and in January 2019 it bought employee communications software provider Peerio Technologies.

“WorkJam’s vision has always been to help a broad spectrum of businesses — from mid-sized companies to larger enterprises — improve the management and livelihood of their frontline workforces,” said Steven Kramer, CEO and President of WorkJam in a statement. “Now, we can further accelerate the digital transformation of scheduling, training and communication processes at a time when there are profound changes taking place which impact non-desk workers and how businesses operate.”

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