Workmate - About the company
Workmate is an acquired company based in Singapore (Singapore), founded in 2016 by Mathew Ward. It operates as a Cloud-based suite solutions for contingent workforce management. Workmate has raised $10.7M in funding from investors like Wavemaker Partners, Atlas Ventures and SEEDS Capital. The company has 685 active competitors, including 75 funded and 75 that have exited. Its top competitors include companies like Legion, UKG and Beeline.
Company Details
Cloud-based suite solutions for contingent workforce management. The platform allows the recruiters to create a profile and post jobs by mentioning skills and experience and based on the skills the workers are screened, interviewed and also provide the employer to manage the workforce through the platform to schedule workforce, timesheet management, payroll management, attendance tracking, workforce analytics, etc. The companies using the product are Redbus, Ninja Xpress, JD Central, Krishna, Grab, Electronic City, etc.
- Website
- www.workmate.asia
- Email ID
- *****@workmate.asia
- Registered Address
- RAFFLES PLACE, Singapore, 48623
Key Metrics
Founded Year
2016
Location
Singapore, Singapore
Stage
Acquired
Total Funding
$10.7M in 4 rounds
Latest Funding Round
Investors
Ranked
52nd among 685 active competitors
Employee Count
164 as on Sep 30, 2026
Exit Details
Acquired by PERSOL (Oct 11, 2022)
Legal entities associated with Workmate
Workmate is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
HELPSTER PTE. LTD. UEN: 201535210Z , Singapore, Active | Sep 21, 2015 | - | - |
Workmate's acquisition details
Workmate got acquired by PERSOL on Oct 11, 2022.
Click here to take a look at Workmate's acquisition in detail
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Workmate's funding and investors
Workmate has raised a total funding of $10.7M over 4 rounds. Its first funding round was on 2017. Its latest funding round was a Series A round on Sep 28, 2022 for $*****. 2 investors participated in its latest round. Workmate has 13 institutional investors.
Here is the list of recent funding rounds of Workmate:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 28, 2022 | 1868575 | Series A | 7700022 | 5412692 | 2773754 | 9749273 |
Jul 02, 2021 | 7421724 | Conventional Debt | 8055460 | 9191268 | 6751539 | |
Nov 12, 2019 | 3038251 | Series A | 8984441 | 7181709 |
View details of Workmate's funding rounds and investors
Workmate's founders and board of directors
Founder? Claim ProfileThe founders of Workmate is Mathew Ward.
Here are the details of Workmate's key team members:
- Mathew Ward: Former Co-Founder of Workmate and founder of 1 other company. They serve on the board of 1 company.
Workmate's Board of Directors
Workmate's board has 5 active members. Mathew Ward and Piers Gerald Bennett are part of team and Santos Benjamin Paul Bustamante, Maxim Shkvaruk and Veerapongse Srivorakul are independent board members.Here is the list of Workmate's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 0m | |
gsahzfa | Team | - | Current | 8y 1m |
Independent board member | - | Current | 8y 8m | |
vgzefbj | Independent board member | - | Current | 1y 1m |
ckhpqao | Independent board member | - | Current | 1y 4m |
mmoncrv | Independent board member | - | Past | 3y 2m |
View details of Workmate's Founder profiles and Board Members
Workmate's employee count trend
Workmate has 164 employees as of Sep 26. Here is Workmate's employee count trend over the years:
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Workmate's Competitors and alternates
Top competitors of Workmate include Legion, UKG and Beeline. Here is the list of Top 10 competitors of Workmate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Legion 2016, San Francisco (United States), Series C | AI-based workforce management software solution | $195M | 76/100 | |
2nd | UKG 1977, Lowell (United States), Early Stage | Provider of human capital management, workforce management, and payroll solutions for businesses | $6.09M | 76/100 | |
3rd | Beeline 1999, Jacksonville (United States), Acquired | Provider of extended workforce management platform and related solutions | $45M | 73/100 | |
4th | Deputy 2008, Atlanta (United States), Series B | Provider of workforce management platform for scheduling, HR, and compliance | $143M | 71/100 | |
5th | WorkForce Software 1999, Livonia (United States), Acquired | Provider of suite solutions for contingent workforce management | $188M | 70/100 | |
6th | Assembled San Francisco (United States), Series B | Developer of workforce management portal | $70.7M | 69/100 | |
7th | Shiftsmart 2015, New York City (United States), Series B | Application based platform offering employee scheduling solution | $117M | 66/100 | |
8th | Nowsta 2015, Brooklyn (United States), Series C | Web based Mobile workforce management software | $93M | 64/100 | |
9th | Indeavor 1996, Madison (United States), Early Stage | Platform offering workforce management software solutions | $590K | - | 64/100 |
10th | Lumber 2023, California City (United States), Series A | Developer of software solutions for managing construction workforce and payroll | $21M | 63/100 | |
52nd | Cloud-based suite solutions for contingent workforce management | $10.7M | 48/100 |
Looking for more details on Workmate's competitors? Click here to see the top ones
Workmate's Investments and acquisitions
Workmate has made no investments or acquisitions yet.
Reports related to Workmate
Here is the latest report on Workmate's sector:
News related to Workmate
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Persol Asia Pacific acquires Helpster, operator of WorkmateStaffing Industry Analysts•Nov 03, 2022•PERSOL, Helpster, Workmate
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Singapore-based staffing platform Workmate acquired by Persol Asia PacificTechCrunch+•Oct 11, 2022•Workmate, PERSOL
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Singapore-based Staffing website Workmate raises $3MAIM Group•Sep 28, 2022•Workmate, Seeds Capital, Wavemaker Partners
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Southeast Asian Workforce Management Platform Workmate Secures Debt Financing of up to $10 Million from LendableCrowdfund Insider•Jul 09, 2021•Workmate, Lendable
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On-demand staffing platform Workmate bags $5.2m in series A roundTech in Asia•Nov 11, 2019•Atlas Venture, Workmate, Beacon VC, Gobi Partners
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