Workable (software)
 | |
| Industry | Software |
|---|---|
| Founded | 2012 in Athens, Greece |
| Founders | Nikos Moraitakis Spyros Magiatis |
| Headquarters | Boston, Massachusetts , U.S. |
Areas served | Worldwide |
Key people | Nikos Moraitakis (CEO) |
| Website | workable |
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]
It was founded in Athens, Greece, but it is now based in Boston, Massachusetts.[3][4]
History
[edit]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
[edit]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
[edit]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
[edit]- ^ a b c Kitsantonis, Niki (24 March 2014). "With Start-Ups, Greeks Make Recovery Their Own Business" – via New York Times.
- ^ "Tech Start-Ups Bloom in Recession-Hit Greece". Time.
- ^ Ioannou, Lori. "8 Greek innovators defying the odds". CNBC.
- ^ a b c d e f "Recruitment software maker Workable raises $50M". Boston Business Journal.
- ^ a b c Kolodny, Lora. "Workable Raises $27 Million to Help Small Businesses Compete for Talent". WSJ.
- ^ a b c Lunden, Ingrid (7 March 2014). "Workable Raises $1.5M From Greylock IL To Build Cloud-Based Recruitment Software For SMEs". TechCrunch.
- ^ a b "Recruiting platform Workable gets $1.5M to make hiring a breeze". VentureBeat. 8 March 2014.
- ^ Wauters, Robin (4 March 2013). "Workable Makes It Easier For Companies To Hire, Raises $780K". TNW.
- ^ Butcher, Mike (26 February 2015). "Hiring SaaS Platform Workable Raises Another $5M".
- ^ "FT 1000: the fourth annual list of Europe's fastest-growing companies". Financial Times. 2 March 2020.
- ^ "Greek technology entrepreneurs win funds for start-ups".
- ^ "Workable: Winning With The Talent Wars". Forbes.
- ^ Recruitment Platform
- ^ "Workable Review". PCMag.
- ^ Jennings, Mike (21 February 2022). "Workable hiring service review". TechRadar.