Workable (software)

Workable Software is a software-as-a-service (SAAS) that provides applicant tracking system (ATS) and recruitment software to support and manage the hiring process.[1][2]

Workable Software
IndustrySoftware
Founded2012 (2012) in Athens, Greece
FoundersNikos Moraitakis
Spyros Magiatis
Headquarters
Boston, Massachusetts
,
U.S.
Areas served
Worldwide
Key people
Nikos Moraitakis (CEO)
Websiteworkable.com

It was founded in Athens, Greece, but it is now based in Boston, Massachusetts.[3][4]

History

It was founded in 2012 in Athens, Greece, Nikos Moraitakis and Spyros Magiatis.[1][5][6] It later moved its headquarters to London, England and Boston, Massachusetts in 2014.[5][4]

In 2014, Workable received a $1.5 million investment from Greylock Israel to further develop its platform.[1][6][7] Previously, it received an investment from Openfund in 2013.[8][9]

In 2015, Workable received an investment of $27 million in Series B funding from Balderton Capital and others.[5]

In 2018, Zouk Capital invested $50 million in Workable.[4]

In 2020, Workable was included in the FT 1000 list.[10]

Platform

Workable is a cloud-based recruitment platform for small and medium enterprises (SMEs).[6][7][11] Its software helps businesses automate their candidate sourcing and screening processes.[4][12] The software takes recruiting and personal data from online publications and, based on that, its predictive algorithms recommend candidates for a particular position.[4] The software can also schedule interviews and send follow-up emails. It uses a pay-as-you-go model for smaller companies.[4][13]

Reception

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
  1. Kitsantonis, Niki (24 March 2014). "With Start-Ups, Greeks Make Recovery Their Own Business" – via New York Times.
  2. "Tech Start-Ups Bloom in Recession-Hit Greece". Time.
  3. Ioannou, Lori. "8 Greek innovators defying the odds". CNBC.
  4. "Recruitment software maker Workable raises $50M". Boston Business Journal.
  5. Kolodny, Lora. "Workable Raises $27 Million to Help Small Businesses Compete for Talent". WSJ.
  6. Lunden, Ingrid (7 March 2014). "Workable Raises $1.5M From Greylock IL To Build Cloud-Based Recruitment Software For SMEs". TechCrunch.
  7. "Recruiting platform Workable gets $1.5M to make hiring a breeze". VentureBeat. 8 March 2014.
  8. Wauters, Robin (4 March 2013). "Workable Makes It Easier For Companies To Hire, Raises $780K". TNW.
  9. Butcher, Mike (26 February 2015). "Hiring SaaS Platform Workable Raises Another $5M".
  10. "FT 1000: the fourth annual list of Europe's fastest-growing companies". Financial Times. 2 March 2020.
  11. "Greek technology entrepreneurs win funds for start-ups".
  12. "Workable: Winning With The Talent Wars". Forbes.
  13. Recruitment Platform
  14. "Workable Review". PCMag.
  15. Jennings, Mike (21 February 2022). "Workable hiring service review". TechRadar.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.