Greek-American growth company Workable, which is building a recruiting automation platform used by an ever-increasing number of SMBs worldwide, has raised an additional $50 million.
The financing round, which brings the Athens-born company's total funding raised to $84 million, was led by London-based private equity firm Zouk Capital with participation from previous investors 83North, Balderton, Notion, TriplePoint, and Endeavor Catalyst.
Founded in 2012, Workable has helped more than 20,000 companies recruit people from start to finish. Its product includes tools for recruitment marketing, passive candidate sourcing, interview scheduling, candidate assessment and workflow automation.
The scale-up, currently headquartered in Boston, is in the process of rolling out new AI technology to automate the screening and evaluation process, such as candidate self-scheduling, machine-powered screening and more than 30 integrated evaluation and video interviewing tools.
Workable also boasts a network of more than 180 job sites, partnerships with the likes of LinkedIn and Indeed, and job syndication deals with Google and Facebook.
Also check out:
- tech.eu Podcast #59 (which features an interview with Workable's co-founder and CEO)