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WorkMotion - About the company

WorkMotion is a series B company based in Berlin (Germany), founded in 2020 by Carsten Lebtig, Karim Zaghloul and Karim Zaghloul. It operates as a Cloud-based platform for HRMS suite. WorkMotion has raised $64M in funding from investors like Activant Capital, Canaan and GR Capital. The company has 948 active competitors, including 67 funded and 61 that have exited. Its top competitors include companies like Deel, Remote and Oyster.

Company Details

Cloud-based platform for HRMS suite. The features include hiring employees, payroll management, benefits administration packages, employee onboarding, and more. The platform offers tools for managing employee benefits, employment contracts, international labor law, taxes, etc. Monetizes through subscription-based plans.
Social
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Email ID
*****@workmotion.com
Key Metrics
Founded Year
2020
Location
Berlin, Germany
Stage
Series B
Total Funding
$64M in 3 rounds
Ranked
Annual Revenue
€1M - €10M as on Dec 31, 2024
Employee Count
220 as on Oct 31, 2026
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WorkMotion's funding and investors

WorkMotion has raised a total funding of $64M over 3 rounds. Its first funding round was on Aug 10, 2021. Its latest funding round was a Conventional Debt round on Jun 23, 2022 for $*****. 6 investors participated in its latest round. WorkMotion has 11 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of WorkMotion:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 23, 2022
8626895
Conventional Debt
7595863
7511763
7300338
2120440
Jun 23, 2022
6506304
Series B
3586303
8167635
3052422
Aug 10, 2021
5964554
Series A
3868299
3149776
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WorkMotion's founders and board of directors

Founder? Claim Profile
The founders of WorkMotion are Carsten Lebtig, Karim Zaghloul and Karim Zaghloul.
Here are the details of WorkMotion's key team members:

WorkMotion's Board of Directors

WorkMotion's board has 3 active members. Jan-peter Bockstiegel, Karim Mohamed Kamal Zaghloul and Felix Steffens are part of team.
Here is the list of WorkMotion's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 1m
Team
-
Current
5y 9m
xuvddtk
Team
-
Past
4y 6m
ruqkzni
Team
-
Current
9y 7m
{rykmga
Team
-
Past
7y 4m

WorkMotion's employee count trend

WorkMotion has 220 employees as of Oct 26. Here is WorkMotion's employee count trend over the years:
Employee count trend for WorkMotion
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WorkMotion's Competitors and alternates

Top competitors of WorkMotion include Deel, Remote and Oyster. Here is the list of Top 10 competitors of WorkMotion, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of human resources and international payroll compliance software tools
$986M
79/100
2nd
Logo for Remote
Remote
2019, Amsterdam (Netherlands), Series C
Provider of employment infrastructure for payroll compliance and contractor management
$506M
77/100
3rd
Logo for Oyster
Oyster
2019, Charlotte (United States), Series D
Provider of employment software for managing payroll and personnel administration
$291M
72/100
4th
Logo for Multiplier
Multiplier
2020, Singapore (Singapore), Series B
Cloud-based payroll and compliance platform provider
$77.2M
67/100
5th
Logo for Ramco
Ramco
1997, Chennai (India), Public
Provider of enterprise resource planning, payroll, and logistics software solutions
-
67/100
6th
Logo for Globalization Partners
Globalization Partners
2012, Boston (United States), Late Stage
AI-based hiring platform for taxable & legal purpose enterprises
$350M
67/100
7th
Logo for CloudPay
CloudPay
1996, Andover (United Kingdom), Series G
Provider of managed payroll processing and automated salary payment services
$334M
66/100
8th
Logo for Bitwage
Bitwage
2013, San Francisco (United States), Acquired
Payroll and invoicing solutions for cryptocurrencies
$2.26M
66/100
9th
Logo for JetPay
JetPay
2011, Carrollton (United States), Acquired
Payment processor
$18.3M
62/100
10th
Logo for OnPay
OnPay
2011, Atlanta (United States), Series B
Payroll management solution provider
$128M
62/100
22nd
Logo for WorkMotion
WorkMotion
2020, Berlin (Germany), Series B
Cloud-based platform for HRMS suite
$64M
67/100
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WorkMotion's Investments and acquisitions

WorkMotion has made no investments or acquisitions yet.

Reports related to WorkMotion

Here is the latest report on WorkMotion's sector:

News related to WorkMotion

Media has covered WorkMotion for a total of 2 events in the last 1 year.
•
Workmotion lays off 20 percent of its workforceStartbase•Dec 15, 2022•WorkMotion
•
WorkMotion announces $50 million Series B funding roundWorkMotion•Jun 22, 2022•WorkMotion, Canaan, Activant Capital, XAnge and 4 others
•
Workmotion receives 24 million US dollarsStartbase•Aug 10, 2021•WorkMotion, XAnge, Activant Capital, Picus Capital and 1 other
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FAQs about WorkMotion

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