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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded with a mission to streamline the hiring process for local businesses, Workstream offers a text-based recruiting and hiring tool specifically designed for industries with high turnover rates, such as restaurants. The company's vision is to enhance operational efficiency and improve bottom-line results for business owners. Workstream's suite of services includes active sourcing, automated scheduling, smart screening, multilingual hiring, and background checks, all aimed at accelerating the hiring process.
Notable clients include major franchises like Jamba, Chick-fil-A, McDonald's, Dunkin', Applebee's, Auntie Anne's, and Cinnabon. These partnerships have helped Workstream achieve significant milestones, such as increasing hiring efficiency by over 150% for its users. The company has made a substantial impact on the market by reducing the time and cost associated with hiring hourly workers, thereby allowing businesses to focus more on growth and customer service.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Hiring
Technology
AI
Tags
HR Tech
Model Types
Software
Revenue Type(s)
Recurring
Customer Type(s)
Small Business
Geographic Exposure
Global
When was Workstream founded?
Workstream was founded in 2017.
Where is Workstream’s headquarters located?
Workstream’s headquarters is located in Bangalore, KA, IN.
When was Workstream’s last funding round?
Workstream’s most recent funding round was for $60M (USD) in September 2022.
How many employees does Workstream have?
Workstream has 266 employees as of Feb 5, 2024.
How much has Workstream raised to-date?
As of July 05, 2023, Workstream has raised a total of $118M (USD) since Sep 29, 2022.
Add Comparison
Total Raised to Date
$118M
USD
Last Update Sep 29, 2022
Last Deal Details
$60M
USD
Sep 29, 2022
Series B
Total Employees Over Time
266
As of Feb 2024
Workstream Address
Bangalore,
Karnataka
India
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts