WorkMotion - About the company
WorkMotion is a series B company based in Berlin (Germany), founded in 2020 by Carsten Lebtig, Felix Steffens, 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 48 active competitors, including 13 funded and 3 that have exited. Its top competitors include companies like Deel, Oyster and Globalization Partners.
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.
- Website
- workmotion.com
- Social
- Email ID
- *****@workmotion.com
Key Metrics
Founded Year
2020
Location
Berlin, Germany
Stage
Series B
Total Funding
$64M in 3 rounds
Latest Funding Round
Investors
Ranked
6th among 48 active competitors
Annual Revenue
€2.26M as on Dec 31, 2024
Employee Count
214 as on Feb 28, 2026
Legal entities associated with WorkMotion
WorkMotion is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WorkMotion Switzerland GmbH CIN: 1549971 , Switzerland, Active | Jan 16, 2024 | - | - | - |
WORKMOTION UK LTD CIN: 13234027 , United Kingdom, Active | Feb 28, 2021 | $13.4M (As on Dec 31, 2023) | 125 (As on Dec 31, 2024) | |
WORKMOTION D.O.O. CIN: 10433063809 , Croatia, Active | Aug 30, 2022 | $2.45M (As on Dec 31, 2024) | - | |
WorkMotion Software GmbH CIN: HRB219211 , Germany, Active | Jul 19, 2020 | - | 100 (As on Dec 31, 2022) | |
WorkMotion CZ s.r.o. CIN: 17080223 , Czech Republic, Active | Apr 26, 2022 | - | - | |
WORKMOTION INDIA PRIVATE LIMITED CIN: U72900KA2022FTC157964 , India, Active | Feb 15, 2022 | $2.71M (As on Mar 31, 2024) | 48 (As on Aug 31, 2024) |
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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 Series B round on Jun 23, 2022 for $*****. 7 investors participated in its latest round. WorkMotion has 10 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 | 2707702 | Series B | 1821381 | 2751922 | 9187803 | 2085084 |
Jun 23, 2022 | 2246413 | Conventional Debt | 9947360 | 3203983 | 8023860 | |
Aug 10, 2021 | 5447688 | Series A | 6245668 | 5937629 |
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WorkMotion's founders and board of directors
Founder? Claim ProfileHere are the details of WorkMotion's key team members:
- Carsten Lebtig: Co-Founder of WorkMotion and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address
- Felix Steffens: Co-Founder of WorkMotion. They serve on the board of 1 company.Contact Info: 1 email address
- Karim Zaghloul: Co-Founder of WorkMotion. Contact Info: 1 email address
- Karim Zaghloul: Co-Founder & CPO of WorkMotion. Contact Info: 1 email address
View details of WorkMotion's Founder profiles and Board Members
WorkMotion's employee count trend
WorkMotion has 214 employees as of Feb 26. Here is WorkMotion's employee count trend over the years:
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WorkMotion's Competitors and alternates
Top competitors of WorkMotion include Deel, Oyster and Globalization Partners. Here is the list of Top 10 competitors of WorkMotion, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Deel 2019, San Francisco (United States), Series E | Cloud-based HRMS suite solutions for enterprises | $982M | 77/100 | |
2nd |  Oyster 2019, Charlotte (United States), Series D | Cloud-based remote employee HR and hiring platform | $291M | 71/100 | |
3rd | Globalization Partners 2012, Boston (United States), Late Stage | AI-based hiring platform for taxable & legal purpose enterprises | $350M | 69/100 | |
4th | Multiplier 2020, Singapore (Singapore), Series B | Cloud-based payroll and compliance platform provider | $77.2M | 68/100 | |
5th |  Velocity Global 2014, Denver (United States), Series B | Cloud-based platform for HRMS for enterprises | $500M | 59/100 | |
6th |  WorkMotion 2020, Berlin (Germany), Series B | Cloud-based platform for HRMS suite | $64M | 55/100 | |
7th | Automated hiring, contract and payroll management solution for external workforce | $25.9M | 50/100 | ||
8th |  TopSource Worldwide 2003, London (United Kingdom), Series B | Provider of payroll management services | $23.1M | 50/100 | |
9th | Cloud-based suite solutions for contingent workforce management | $16.6M | 47/100 | ||
10th |  Insource India 2019, Bengaluru (India), Unfunded | Provider of offshore team building and management services | - | - | 47/100 |
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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
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WorkMotion announces $50 million Series B funding roundWorkMotion•Jun 22, 2022•WorkMotion, Canaan, Activant Capital, XAnge and 4 others
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Workmotion receives 24 million US dollarsStartbase•Aug 10, 2021•WorkMotion, XAnge, Activant Capital, Picus Capital and 1 other
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