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WorkJam closes US$50 million Series C Financing

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WorkJam Inc.

On April 6, 2020, WorkJam, the leading digital workplace solutions provider for organizations with frontline employees, announced the close of an oversubscribed $50 million USD Series C round led by top Canadian venture capital firm iNovia Capital, with participation from Fonds de Solidarité FTQ and Claridge Inc. All existing investors also participated in the round, including Lerer Hippeau, Blumberg Capital, Harmony Partners and WorkJam’s management team.

WorkJam’s platform enables non-desk employees with scheduling capabilities, an open shift marketplace, task management, bi-directional communication between frontline and headquarters staff, mobile punching, training, surveys, and more into a unified set of mobile or desktop-based modules.

WorkJam’s Digital Workplace Platform has accelerated the digital transformation for over 1.5 million frontline employees across 35 countries in 28 languages. The latest funding round will allow WorkJam to continue to innovate, expand geographically, seek acquisitions, and invest in its employees — further solidifying its position in the market and advancing its mission to help businesses achieve breakthrough cost-savings and productivity increases while cultivating an engaged and motivated non-desk employee workforce.

Peter Villani, Matthew Quadrini and Louis Lespérance from Fasken are proud to have supported WorkJam in its ongoing success, including through this Series C financing round, particularly at a time when there are profound changes taking place to the workplace.

In an effort to help businesses and frontline employees confront the disruption to the economy caused by COVID-19, WorkJam is offering a new communication, survey, and training modules in a package that can be implemented in just five days.



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