WorkMotion, a Berlin, Germany-based HR-tech company for global employment, raised $50M in Series B funding.
The round was led by Canaan, with participation from Activant Capital, XAnge, Picus Capital, Heliad Equity Partners and GR Capital.
The company intends to use the funds to expand its solution offerings and its European client base.
Led by CEO Carsten Lebtig, WorkMotion provides companies with solutions to build their international teams. Its Global Talent OS platform removes the complexity of global employment for HR teams, enabling companies to hire globally without third parties and provides benefits for remote-first teams, such as managing ‘work-from-abroad’ requests. This integrated software solution enables organizations to scale onboard and manage global talent without the need to invest in additional infrastructure. Future features will enable clients to generate remote work contracts, calculate country-specific salaries, authorise ‘work-from-anywhere’ requests and many more actions.
Founded in 2020, the company has more than 500 customers.
FinSMEs
24/06/2022