WorkJam Closes Series D With $50 Million 

WorkJam, a Montreal, QC-based digital frontline workplace, announced that it secured $50 million in Series D funding. The round was led by new investor Fonds de solidarité FTQ and returning investor Inovia Capital, with participation from Blumberg Capital and new investor Demopolis Equity Partners

WorkJam has secured $50 million in a Series D funding round, which was jointly led by a new investor: the Fonds de solidarité FTQ. Prior investor Inovia Capital also joined this round, which WorkJam said will be used to expand into Europe, the U.S., Latin America and Southeast Asia. The money will also be used to drive product innovation and accelerate its business growth, the company said, adding that given the current tight labor market 

“Enterprise businesses across retail, hospitality, manufacturing and other industries are still dealing with turbulence within the workforce and the ripple effects of the Great Resignation,” said Steven Kramer, CEO of WorkJam. “We’re extremely proud to partner with this prestigious group of investors as we accelerate our momentum and help companies across the globe improve frontline workforce engagement, retention, job satisfaction and well-being.” 

Founded in 2014 by Steven Kramer, WorkJam is the leading employee engagement suite empowering the digital workplace for shift-based, hourly, and non-desk workers. WorkJam manages and optimizes the entire employee-employer relationship life cycle with dynamic mobile communication and workforce management to drive operational efficiency and productivity. WorkJam delivers total Workforce Orchestration through market-leading task management, shift management, survey, and micro-learning tools. The company is based in Montreal, Quebec, Canada, with offices in Cincinnati, Ohio, and Melbourne, Victoria.

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