WorkJam (software company)

Last updated
WorkJam Inc.
Company type Private
IndustryWorkforce Management Software
Founded2014
FounderSteven Kramer, Joshua Ostrega, Mark Sadegursky
HeadquartersMontreal, Quebec, Canada
Area served
Global
Website workjam.com

WorkJam Inc. is a Canadian software company based in Montreal, Canada, that develops workplace management software for frontline and non-office employees. The company was founded in 2014 by Steve Kramer. [1] and has raised $167M over 5 rounds of funding. [2] In 2023, Time Magazine named it one of the 100 most influential companies in the world [3] .

Contents

WorkJam's app includes modules for employee scheduling, internal communications and chat, managing tasks, and onboarding staff.

The company operates internationally with offices in Canada, London, and Melbourne; and customers in North America, Europe, Asia, and Australia.

History

WorkJam was founded in 2014 by Steven Kramer, Joshua Ostrega and Mark Sadegursky [4] .

In 2017, WorkJam closed a $12 million growth investment round with backing from Lerer Hippeau, Blumberg Capital, Founder Collective, and Novel TMT Ventures. [5]

As the company grew, WorkJam acquired Peerio Technologies in January 2019. Peerio was a secure employee communication software provider. [6]

In April 2020, WorkJam raised $50 million from a Series C funding round, [7] led by Inovia Capital with participation from existing investors. [8] By that time, WorkJam claimed to have supported 1.5 million employees in 35 countries. [7]

By August 2021, the company had raised an additional $35 million in growth financing from Silver Lake Waterman.[ citation needed ]

Then, in November 2022 WorkJam completed its Series D funding round in which it secured another $50 million. By this point the company was valued at $500 million. [9]

In July 2024, the company announced a $20 million investment from Export Development Canada (EDC) to further expand its international operations. [10]

Acquisitions

References

  1. ↑ "Digital tools help companies retain hourly workers, WorkJam CEO says". Fast Company. ASSOCIATED PRESS. October 2, 2024. Retrieved 27 August 2025.
  2. ↑ "WorkJam Funding, Valuation & Revenue". CB Insights. CB Insights. Retrieved 27 August 2025.
  3. ↑ Van Houten, Alison (June 21, 2023). "TIME100 Most Influential Companies 2023 WorkJam Frontline flexibility". Time Magazine. Retrieved 27 August 2025.
  4. ↑ D'Innocenzio, Anne (September 30, 2024). "Companies are 'ever-boarding' to constantly train workers, keep them flexible, and hire less". Fortune. Retrieved 27 August 2025.
  5. ↑ "WorkJam Closes $12m Growth Investment Round". Finsmes. March 1, 2017. Retrieved 27 August 2025.
  6. ↑ Kirkwood, Isabelle (January 14, 2019). "WorkJam acquires secure chat platform Peerio". betakit. Retrieved 27 August 2025.
  7. 1 2 Riley, Duncan (April 6, 2020). "Digital workplace solutions provider WorkJam raises $50M". silicon Angle.
  8. ↑ Baker, Annie (Apr 7, 2020). "Digital Workplace Frontline Employee Solutions Company WorkJam Raises $50 Million". Pulse 2.0. Retrieved 27 August 2025.
  9. ↑ Simpson, Meagan (November 22, 2022). "WorkJam closes $50 million USD round co-led by Inovia, Fonds FTQ". betakit. Retrieved 27 August 2025.
  10. ↑ Aloha Villamor, Kay (August 1, 2024). "WorkJam Secures $20 Million Investment". The SaaS News. Retrieved 27 August 2025.
  11. ↑ Wassel, Bryan (January 22, 2019). "WorkJam Acquires Peerio Technologies To Add More Secure Messaging". Retail Touchpoints. Retrieved 27 August 2025.
  12. ↑ Taylor, Glenn (February 19, 2020). "Workjam Acquires On-Demand Staffing Platform". Retail Touchpoints. Retrieved 27 August 2025.
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