When was Workmate founded?

Workmate was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Workmate located?

Workmate is headquartered in Singapore, Singapore. It is registered at 16 BALMORAL PARK #04-07 THE BALMORAL SINGAPORE 259847.

Which legal entities is Workmate associated with?

Workmate is associated with HELPSTER PTE. LTD..

How many employees does Workmate have?

As of Jul 01, 2024, the latest employee count at Workmate is 152.

Is Workmate a funded company?

Workmate is a funded company, having raised a total of $10.7M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2017.

When was the latest funding round of Workmate?

Workmate's latest funding was a $***** Series A round on Sep 28, 2022, with participation from 2 investors. Its primary sector is HRTech. In Singapore, the HRTech sector has seen $10M in funding in 2026 to date.

Where does Workmate rank among its competitors?

Workmate ranks 57th amongst 732 active competitors, of which 89 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Legion, which secured $50M in Dec, 2024.

Who are the top competitors of Workmate?

Workmate's top competitors include Legion, Yoobic and Deputy. Among them, Legion secured the most recent funding round in December, 2024.

Workmate - 2026 Company Profile, Team, Funding, Competitors & Financials

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
Social
Email ID: *****@workmate.asia
Registered Address: 16 BALMORAL PARK #04-07 THE BALMORAL SINGAPORE 259847

Key Metrics

Founded Year

2016

Location

Singapore, Singapore

Stage

Acquired

Total Funding

$10.7M in 4 rounds

Latest Funding Round

Series A, Sep 28, 2022, $*****

Investors

Wavemaker Partners & 12 more

Ranked

57^th among 732 active competitors

Employee Count

152 as on Jul 01, 2024

Similar Companies

Legion & 918 more

Exit Details

Acquired by PERSOL (Oct 11, 2022)

View Workmate's full profile

Workmate is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HELPSTER PTE. LTD. CIN: 201535210Z , Singapore, Active	Dec 31, 2015	-	-

Workmate got acquired by PERSOL on Oct 11, 2022. It was facilitated by Venero Capital Advisors.

Click here to take a look at Workmate's acquisition in detail

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 28, 2022	6260000	Series A	8463928	4439840	6060376	2251427
Jul 02, 2021	5398888	Conventional Debt	5899844	1101488	4795346	Lendable
Nov 12, 2019	5988242	Series A	6632127	7451965	Atlas Ventures	Beacon VC & 1 more

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View details of Workmate's funding rounds and investors

The founders of Workmate are Mathew Ward and John Srivorakul Stephens.

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.
John Srivorakul Stephens: Cto & Co-Founder of Workmate.

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
Mathew Ward	Team	-	Current	10y 6m
zcxemhm	Team	-	Current	2y 7m
Santos Benjamin Paul Bustamante	Independent board member	-	Current	8y 2m
ujuuewg	Independent board member	-	Current	6y 9m
thlswbq	Independent board member	-	Current	4y 9m
ndeue{i	Independent board member	-	Past	1y 7m

View details of Workmate's Founder profiles and Board Members

Workmate's employee count trend

Workmate has 152 employees as of Jul 24. Here is Workmate's employee count trend over the years:

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Top competitors of Workmate include Legion, Yoobic and Deputy. Here is the list of Top 10 competitors of Workmate, ranked by Tracxn score:

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	Riverwood Capital, Workday Ventures & 10 others	76/100
2nd	Yoobic 2014, New York City (United States), Series C	Frontline employee experience platform for managing operational tasks	$97.2M	Felix Capital, Insight Partners & 3 others	71/100
3rd	Deputy 2008, Atlanta (United States), Series B	Provider of workforce management platform for scheduling, HR, and compliance	$143M	IVP, OpenView & 4 others	70/100
4th	WorkForce Software 1999, Livonia (United States), Acquired	Provider of suite solutions for contingent workforce management	$188M	Insight Partners, ORIX & 4 others	70/100
5th	Assembled San Francisco (United States), Series B	Developer of workforce management portal	$70.7M	New Enterprise Associates, Stripe & 9 others	68/100
6th	Quinyx 2005, Stockholm (Sweden), Series C	Provider of AI-powered workforce management software for scheduling, time, and attendance	$103M	Alfvén & Didrikson, Battery Ventures & 1 others	66/100
7th	Beeline 1999, Jacksonville (United States), Acquired	Provider of extended workforce management platform and related solutions	$45M	Stone Point Capital, Churchill Asset Management ... & 1 others	66/100
8th	Work Market 2010, New York City (United States), Acquired	freelance management and payment solution	$66M	Union Square Ventures, Spark Capital & 7 others	66/100
9th	Shiftsmart 2015, New York City (United States), Series B	Application based platform offering employee scheduling solution	$117M	D1 Capital Partners, SoftBank Capital & 6 others	66/100
10th	Nowsta 2015, Brooklyn (United States), Series C	Web based Mobile workforce management software	$93M	VMG Partners, GreatPoint Ventures & 11 others	65/100
57th	Workmate 2016, Singapore (Singapore), Acquired	Cloud-based suite solutions for contingent workforce management	$10.7M	Convergence Ventures, Beacon VC & 11 others	46/100