When was Workstream founded?

Workstream was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Workstream located?

Workstream is headquartered in San Francisco, United States.

How many employees does Workstream have?

As of Aug 31, 2026, the latest employee count at Workstream is 278.

Is Workstream a funded company?

Workstream is a funded company, having raised a total of $120M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 07, 2020.

How much is Workstream worth?

The latest valuation of Workstream is $***** as of Sep 29, 2022.

When was the latest funding round of Workstream?

Workstream's latest funding was a $***** Series B round on Sep 29, 2022, with participation from 22 investors. Its primary sector is HRTech. In United States, the HRTech sector has seen $1.61B in funding in 2026 to date.

Where does Workstream rank among its competitors?

Workstream ranks 1st amongst 1007 active competitors, of which 59 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Payslip, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Workstream?

Workstream's top competitors include Ramco, CloudPay and Bitwage. Among them, Payslip secured the most recent funding round in May, 2026.

Workstream - 2026 Company Profile, Team, Funding & Competitors

Workstream is a series B company based in San Francisco (United States), founded in 2017. It operates as a Provider of HR, payroll, and hiring platform for hourly workforce. Workstream has raised $120M in funding from investors like Founders Fund, Coatue and Bond Capital, with a current valuation of $*****. The company has 1007 active competitors, including 59 funded and 61 that have exited. Its top competitors include companies like Ramco, CloudPay and Bitwage.

Company Details

Provider of HR, payroll, and hiring platform for hourly workforce. The platform streamlines human resources tasks, reduces labor costs, and simplifies operations. It offers features such as time and attendance tracking, employee scheduling, and payroll processing. The platform also provides tools for applicant tracking, onboarding, and employee engagement.

Website: www.workstream.us/
Social
Email ID: *****@workstream.is
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Series B

Total Funding

$120M in 3 rounds

Latest Funding Round

Series B, Sep 29, 2022, $*****

Post Money Valuation

$***** as on Sep 29, 2022

Investors

Founders Fund & 48 more

Ranked

1^st among 1007 active competitors

Employee Count

278 as on Aug 31, 2026

Similar Companies

Abhi & 85 more

View Workstream's full profile

Workstream is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WORKSTREAM INC CIN: 13112763290 , United States, Active		$5M - $25M (As on Jan 04, 2011)	-	-
WORKSTREAMS LTD CIN: 14344450 , United Kingdom, Active	Sep 07, 2022	-	1 (As on Sep 30, 2025)
WORKSTREAM TECHNOLOGIES INC. CIN: 813344636 , United States, Active	Dec 31, 1999	-	119 (As on Dec 31, 2022)	-
WORKSTREAM, INC. CIN: 311276329 , United States, Active	Dec 31, 1999	-	54 (As on Dec 31, 2024)	-

Workstream has raised a total funding of $120M over 3 rounds. Its first funding round was on May 07, 2020. Its latest funding round was a Series B round on Sep 29, 2022 for $*****. 22 investors participated in its latest round. Workstream has 27 institutional investors and 22 angel investors.

Here is the list of recent funding rounds of Workstream:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 29, 2022	8917588	Series B	2535732	5284110	3983017	6292080
Aug 26, 2021	2189550	Series B	1285761	4435082	1780491	Tony Xu & 10 more
May 07, 2020	7873468	Series A	2518669	6161766	Founders Fund	CRV & 13 more

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View details of Workstream's funding rounds and investors

Workstream's Board of Directors

Workstream's board has 4 active members. Keith Rabois, Ruoyu Wang, Lei Xu and Huang Hui Lim are independent board members.

Here is the list of Workstream's board of directors:

Name	Type	Representing	Status	Duration
Keith Rabois	Independent board member	-	Current	5y 0m
vskdbkb	Independent board member	-	Current	4y 8m
lbryhfu	Independent board member	-	Current	3y 7m
tigjvaz	Independent board member	-	Current	7y 6m

Workstream's employee count trend

Workstream has 278 employees as of Aug 26. Here is Workstream's employee count trend over the years:

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Top competitors of Workstream include Ramco, CloudPay and Bitwage. Here is the list of Top 10 competitors of Workstream, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workstream 2017, San Francisco (United States), Series B	Provider of HR, payroll, and hiring platform for hourly workforce	$120M	Bond Capital, World Innovation Lab & 47 others	69/100
2nd	Ramco 1997, Chennai (India), Public	Provider of enterprise resource planning, payroll, and logistics software solutions	-	HDFC Mutual Fund, Goldman Sachs & 4 others	67/100
3rd	CloudPay 1996, Andover (United Kingdom), Series G	Provider of managed payroll processing and automated salary payment services	$334M	Runway Growth Capital, The Olayan Group & 6 others	66/100
4th	Bitwage 2013, San Francisco (United States), Acquired	Payroll and invoicing solutions for cryptocurrencies	$2.26M	Draper, BnkToTheFuture & 10 others	66/100
5th	JetPay 2011, Carrollton (United States), Acquired	Payment processor	$18.3M	Flexpoint Ford	62/100
6th	OnPay 2011, Atlanta (United States), Series B	Payroll management solution provider	$128M	Carrick Capital Partners, AllianceBernstein ... & 1 others	62/100
7th	Humi HR 2016, Toronto (Canada), Acquired	Provider of human resources, payroll, benefits, and hiring software solutions	$33.2M	Decheng Capital, Tribe Capital & 23 others	60/100
8th	Payslip 2016, Mayo (Ireland), Series A	Cloud-based HRMS platform for payroll management	$14.8M	Frontline Ventures, MiddleGame Ventures & 9 others	60/100
9th	Inova Payroll 2011, Nashville (United States), Acquired	Payroll, HR and Tax solutions	$4.22M	Nashville Capital Network, Clayton Associates ... & 1 others	59/100
10th	Tako 2022, Sao Paulo (Brazil), Series A	Platform providing human resource mannagement solutions	$31.2M	Ribbit Capital, Andreessen Horowitz & 1 others	59/100