Provide hourly management software for client enterprises
“WorkJam” official website
According to Foreign media reported that recently,” WorkJam announced that it had received 50 million USD Round financing , this round of financing was led by Inovia Capital with participation from Lerer Hippeau, Blumberg Capital, Harmony Partners, Fondas deSolidaritéFTQ and Claridge.
With the popularity of COVID-19, people need to be isolated at home, and enterprises have also started the remote office mode. Although many corporate employees can work from home, some workers, such as healthcare professionals, delivery drivers, warehouse operators, etc., may need to change their work location frequently.
For these workers, the Canadian startup “WorkJam” helps them through the cross-industry “Digital Workplace” platform. Most of these workers do not have company office mailboxes, so “WorkJam” can help companies give workers more convenient Conduct training and arrange work.
The company was founded in 2014. CEO Steven Kramer stated that the overall concept of “WorkJam” is to help client companies to better coordinate the company ’s strategy with frontline employees. The communication bridge between them, at the same time, through the mobile application, to provide customer companies with tools to manage employee shifts and complete training, for example, customer companies can send newSales plan, or require employees to clean the factory machinery, which enables digital management and operation of the workplace.
“WorkJam” can help companies more easily send these reminders to employees ’mobile devices, conduct on-demand training and evaluation, and simplify the communication process. In addition, “WorkJam” software focuses on time planning and arrangement, which is also an indispensable work content for coordinating hourly or contract workers. Currently, the company provides customers with two types of service software, app and web version.
By using the “WorkJam” software, managers can reduce their workload, manage employees more easily, communicate with employees more conveniently, complete vacation arrangements, job changes, job transfers, fill shifts, etc. The use efficiency of labor force can improve productivity at a lower cost and increase the retention rate of personnel.
For employees, “WorkJam” software can properly control their schedules, maintain a good work-life balance, and encourage them to improve their professional skills, enhance sales acumen, and can also establish flexible work Time arrangement stimulates employees’ enthusiasm for work, which improves their income level and salary and benefits.
“WorkJam” official website
“WorkJam” said that the company now has 1.5 million first-line users from 35 countries and regions, and also has some well-known customer companies, including Shell, Verizon and Target. There are other well-known startups in this area, including Vice, which received $ 81 million in financing 18 months ago.
At present, the company makes profits through two channels. One is for large companies, and they are charged according to the projects they use. The other is to charge employees monthly information subscription fees. The specific fees will be adjusted according to the specific modules of the subscription.
In the past 15 months, “WorkJam” has acquired two companies: employee communication tool Peerio and on-demand staffing platform Forge. The company said it will also expand globally.
The latest round of financingThe capital will enable “WorkJam” to continue to develop the company’s products, seek M & A opportunities, and recruit new employees to further consolidate its position in the market.