Workable (software)
 | |
| Industry | Software |
|---|---|
| Founded | 2012 in Athens, Greece |
| Founders |
|
| Headquarters | , U.S. |
Areas served | Worldwide |
Key people | Nikos Moraitakis (CEO) |
| Website | workable |
Workable is a software-as-a-service (SaaS) company that provides a recruitment and human resources (HR) management platform. It is based in Boston, Massachusetts.[1]
History
[edit]Workable was founded in 2012 in Athens, Greece by Nikos Moraitakis and Spyros Magiatis.[2][3][4] Over the years, Workable has opened offices in Boston, Massachusetts; London, United Kingdom; Athens, Greece; and Singapore.[5]
In 2013, Workable received seed funding from the Greek investment firm Openfund.[6][7] A year later, in 2014, it received a $1.5 million investment from Greylock Israel.[8][4][9]
In 2015, Workable raised $27 million in a Series B funding round led by Balderton Capital.[3]
In 2018, Zouk Capital invested $50 million in Workable.[10][11]
In 2020, Workable was included on the Financial Times FT 1000 list of Europe's fastest-growing companies.[12]
Platform
[edit]Workable provides cloud-based applicant tracking and recruitment software. The software uses predictive algorithms to recommend candidates for a position based on recruitment and personal data collected from online sources.[10] The platform's features were later expanded to include tools for onboarding, employee management, and performance monitoring.[10] A human resources information system (HRIS) was launched in 2024.[13]
Reception
[edit]Workable was reviewed by Juan Martinez and Gadjo Sevilla of PCMag in 2019 and wrote positively about the software.[14] Similarly, its platform was reviewed by TechRadar in 2022.[15]
References
[edit]- ^ Ioannou, Lori. "8 Greek innovators defying the odds". CNBC.
- ^ "Greek technology entrepreneurs win funds for start-ups".
- ^ a b Kolodny, Lora. "Workable Raises $27 Million to Help Small Businesses Compete for Talent". WSJ.
- ^ a b Lunden, Ingrid (7 March 2014). "Workable Raises $1.5M From Greylock IL To Build Cloud-Based Recruitment Software For SMEs". TechCrunch.
- ^ "Tech Start-Ups Bloom in Recession-Hit Greece". Time.
- ^ Wauters, Robin (4 March 2013). "Workable Makes It Easier For Companies To Hire, Raises $780K". TNW.
- ^ Butcher, Mike (26 February 2015). "Hiring SaaS Platform Workable Raises Another $5M".
- ^ Kitsantonis, Niki (24 March 2014). "With Start-Ups, Greeks Make Recovery Their Own Business" – via New York Times.
- ^ "Recruiting platform Workable gets $1.5M to make hiring a breeze". VentureBeat. 8 March 2014.
- ^ a b c "Recruitment software maker Workable raises $50M". Boston Business Journal.
- ^ Wauters, Robin (20 November 2018). "Greece-born recruiting software scale-up Workable lands $50 million round to spur growth". Archived from the original on 28 January 2025. Retrieved 28 January 2025.
- ^ "FT 1000: the fourth annual list of Europe's fastest-growing companies". Financial Times. 2 March 2020.
- ^ https://www.workable.com/features
- ^ "Workable Review". PCMag.
- ^ Jennings, Mike (21 February 2022). "Workable hiring service review". TechRadar.