Montreal’s WorkJam, a digital workplace platform for hourly workers, today announced that the company has closed a venture capital investment round with Lerer Hippeau Ventures, Blumberg Capital, Founder Collective, NovelTMT and WorkJam’s management team.
The investment will allow WorkJam to continue enhancing its mobile platform as well as accelerating the company’s global expansion.
“Employers today know that one of their most critical objectives is the enablement of the digital workplace, and no other company on the market delivers a total digital workplace platform like WorkJam,” said Eric Hippeau, managing partner of Lerer Hippeau Ventures. “We consider WorkJam to be in a class of its own and are thrilled to be partnering with WorkJam as it continues to make a global impact on how the service industry looks at employee management.”
The WorkJam platform includes integration with existing back-office workforce systems such as Kronos, JDA, Infor, and has stand-alone capabilities that provide a real-time, self-service experience that spans from shift scheduling, communication, training, task management, and more.
“Innovation in the workforce management technology space for hourly workers has been limited, with most companies relying on outdated scheduling tools, back-office heavy processes, manual processes and methods of communication that are simply out of touch,” said Bruce Taragin, managing director, Blumberg Capital. “Both companies and employees need a better solution.”
“WorkJam continues to solidify its title as the leader in workforce management technology and hourly workforce enterprise application,” Founder Collective Managing Partner, Eric Paley, added.
“We are proud to have caught the attention of some of the most respected names in technology investing, and look forward to having these new partners join us as we continue to make major strides in the global workforce management market for both large and mid-sized organizations,” said Steven Kramer, CEO of WorkJam.