Software:Workable

From HandWiki
Short description: Cloud-based applicant tracking system
Workable Software
IndustrySoftware
Founded2012; 12 years ago (2012) in Athens, Greece
FoundersNikos Moraitakis
Spyros Magiatis
Headquarters
Boston, Massachusetts
,
U.S.
Areas served
Worldwide
Key people
Nikos Moraitakis (CEO)
Websiteworkable.com

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

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

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]

Reception

Workable was reviewed by Juan Martinez and Gadjo Sevilla of PCMag in 2019 and wrote positively about the software.[13] Similarly, its platform was reviewed by TechRadar in 2022.[14]

References

  1. 1.0 1.1 1.2 Kitsantonis, Niki (24 March 2014). "With Start-Ups, Greeks Make Recovery Their Own Business". https://www.nytimes.com/2014/03/25/business/international/with-start-ups-greeks-make-recovery-their-own-business.html. 
  2. "Tech Start-Ups Bloom in Recession-Hit Greece". https://time.com/30395/tech-start-ups-bloom-in-recession-hit-greece/. 
  3. Ioannou, Lori. "8 Greek innovators defying the odds". https://www.cnbc.com/2015/12/10/8-greek-tech-start-ups-defying-the-odds.html. 
  4. 4.0 4.1 4.2 4.3 4.4 4.5 "Recruitment software maker Workable raises $50M". https://www.bizjournals.com/boston/news/2018/11/20/recruitment-software-maker-workable-raises-50m.html. 
  5. 5.0 5.1 5.2 Kolodny, Lora. "Workable Raises $27 Million to Help Small Businesses Compete for Talent". http://blogs.wsj.com/venturecapital/2015/09/30/workable-raises-27-million-to-help-small-businesses-compete-for-talent/. 
  6. 6.0 6.1 6.2 Lunden, Ingrid (7 March 2014). "Workable Raises $1.5M From Greylock IL To Build Cloud-Based Recruitment Software For SMEs". https://techcrunch.com/2014/03/07/workable-raises-1-5m-from-greylock-il-to-build-cloud-based-recruitment-software-for-smes/. 
  7. 7.0 7.1 "Recruiting platform Workable gets $1.5M to make hiring a breeze". 8 March 2014. https://venturebeat.com/entrepreneur/recruiting-platform-workable-gets-1-5m-to-make-hiring-a-breeze/. 
  8. Wauters, Robin (4 March 2013). "Workable Makes It Easier For Companies To Hire, Raises $780K". https://thenextweb.com/news/fundable-workable-aims-to-make-it-easier-for-companies-to-hire-closes-600000-round. 
  9. Butcher, Mike (26 February 2015). "Hiring SaaS Platform Workable Raises Another $5M". https://techcrunch.com/2015/02/26/hiring-saas-platform-workable-raises-another-5m/. 
  10. "FT 1000: the fourth annual list of Europe's fastest-growing companies". 2 March 2020. https://www.ft.com/content/691390ca-53d9-11ea-90ad-25e377c0ee1f. 
  11. "Greek technology entrepreneurs win funds for start-ups". https://www.ft.com/content/0b78b4bc-fd41-11e3-bc93-00144feab7de#axzz3Oug5QX24. 
  12. "Workable: Winning With The Talent Wars". https://www.forbes.com/sites/tomtaulli/2014/05/13/workable-winning-with-the-talent-wars/?sh=4ac6752c4286. 
  13. "Workable Review". https://www.pcmag.com/reviews/workable. 
  14. Jennings, Mike (21 February 2022). "Workable hiring service review". https://www.techradar.com/reviews/workable.