Workable (software)
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| Type | Private |
|---|---|
| Industry | Software |
| Founded | 2012 in Athens, Greece |
| Founders | Nikos Moraitakis Spyros Magiatis |
| Headquarters | , United States |
Area served | Worldwide |
Key people | Nikos Moraitakis (CEO) Spyros Magiatis (CTO) |
| Products | Workable platform |
| Services | ATS software HRIS platform Recruiting automation tools |
| Website | workable |
Workable is a developer of cloud-based recruitment and human resources (HR) management software based in Boston, Massachusetts.[1]
History
[edit]Workable was founded in June 2012 in Athens by Nikos Moraitakis and Spyros Magiatis to develop recruiting software for small and medium-sized businesses (SMBs).[2][3] It was launched amid the Greek government-debt crisis, with the founders initially basing operations in a small office in Athens.[4] Its first seed round of approximately $950,000 came largely from JEREMIE-Openfund II, an EU-backed Greek venture capital fund.[5][6]
In March 2014, Workable raised $1.5 million in a Series A round led by Greylock IL (later renamed as 83North), with participation from Openfund.[7][8] A year later, in February 2015, Workable received an additional $5 million from existing investors, with the funds intended to expand its operations to the United States.[9] In October 2015, Workable raised $27 million in a Series B round led by Balderton Capital.[10]
In November 2018, Workable raised $50 million in a Series C round led by London-based private equity firm Zouk Capital.[11][12] In 2020, Workable was included on the Financial Times FT 1000 list of Europe's fastest-growing companies.[13]
As of 2026, Workable has offices in Boston, Massachusetts; London, United Kingdom; Athens, Greece; and Singapore.[4]
Platform
[edit]Workable provides cloud-based applicant tracking and recruitment software. The software uses predictive algorithms to recommend candidates for a position based on recruitment and personal data collected from online sources. In 2024, Workable expanded its platform with the launch of a full HRIS for onboarding, time-off tracking, employee record management, and performance management.[11][14]
Reception
[edit]Workable was reviewed by Juan Martinez and Gadjo Sevilla of PCMag in 2019 and wrote positively about the software.[15] Similarly, its platform was reviewed by TechRadar in 2022.[16]
References
[edit]- ↑ Ioannou, Lori (10 December 2015). "8 Greek innovators defying the odds". CNBC.
- ↑ "Greek technology entrepreneurs win funds for start-ups".
- ↑ Lunden, Ingrid (7 March 2014). "Workable Raises $1.5M From Greylock IL To Build Cloud-Based Recruitment Software For SMEs". TechCrunch.
- 1 2 "Tech Start-Ups Bloom in Recession-Hit Greece". Time.
- ↑ 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".
- ↑ Kitsantonis, Niki (24 March 2014). "With Start-Ups, Greeks Make Recovery Their Own Business" – via New York Times.
- ↑ Kokalitcheva, Kia (8 March 2014). "Recruiting platform Workable gets $1.5M to make hiring a breeze". VentureBeat.
- ↑ Butcher, Mike (26 February 2015). "Hiring SaaS Platform Workable Raises Another $5M". TechCrunch.
- ↑ Kolodny, Lora (30 September 2015). "Workable Raises $27 Million to Help Small Businesses Compete for Talent". WSJ.
- 1 2 O'Brien, Kelly J. (20 November 2018). "Recruitment software maker Workable raises $50M". Boston Business Journal.
- ↑ Wauters, Robin (20 November 2018). "Greece-born recruiting software scale-up Workable lands $50 million round to spur growth". Archived from the original on 12 May 2026. Retrieved 28 January 2025.
- ↑ Kelly, Maxine (2 March 2020). "FT 1000: the fourth annual list of Europe's fastest-growing companies". Financial Times.
- ↑ "Features".
- ↑ Martinez, Juan; Sevilla, Gadjo (12 August 2019). "Workable Review". PCMag.
- ↑ Jennings, Mike (21 February 2022). "Workable hiring service review". TechRadar.