About Springworks
Springworks is a company based in Santa Monica (United States) founded in 2014 by Kartik Mandaville. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Springworks has raised $1.3 million across 3 funding rounds from investors including Science, Wave Digital Assets and AlphaBlock. The company has 219 employees as of April 06, 2024. Springworks offers products and services including SpringVerify, EngageWith, SpringRecruit, SpringHire, and Albus. Springworks operates in a competitive market with competitors including Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.
- Headquarter Santa Monica, United States
- Employees 219 as on 06 Apr, 2024
- Founders Kartik Mandaville
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Springrole India Private Limited
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$2.72 M (USD)46.03as on Mar 31, 2022
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Net Profit
$89.24 K (USD)-13.52as on Mar 31, 2022
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EBITDA
$154.94 K (USD)-39.67as on Mar 31, 2022
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Total Equity Funding
$1.3 M (USD)
in 3 rounds
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Latest Funding Round
$1.3 M (USD), Series A
May 14, 2018
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Investors
Science
& 6 more
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Employee Count
219
as on Apr 06, 2024
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Products & Services of Springworks
Springworks offers a comprehensive portfolio of products and services, including SpringVerify, EngageWith, SpringRecruit, SpringHire, and Albus.
Background verifications are conducted using blockchain technology reliably.
Employee engagement is enhanced through interactive team-building games.
Recruitment processes are streamlined with efficient staffing solutions.
Technology hiring is supported by full-stack staffing services.
AI teammate powered by ChatGPT assists with HR tasks.
People of Springworks
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Funding Insights of Springworks
Springworks has successfully raised a total of $1.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.3 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Springworks
Springworks has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Science, Wave Digital Assets and AlphaBlock.
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No specific information about DNA Fund is provided.
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Investments are focused on mobile, marketplaces, blockchain, and e-commerce startups.
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Corporate backed venture capital firm focused on multiple sectors
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Investor details for Springworks
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Investments & Acquisitions by Springworks
Investment portfolio details for Springworks
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- Transaction dates
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Financial Statements - Springworks
Detailed financials for Springworks
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Springworks Comparisons
Peer comparison for Springworks
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Competitors of Springworks
Springworks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.
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Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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Human capital management platform is provided for HR process automation.
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Cloud-based human resource management software is offered.
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Cloud-based payroll and HR solutions are provided for businesses.
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Cloud-based human capital management software is provided for enterprises.
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Detailed competitors of Springworks
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Latest news on Springworks
Complete news archive for Springworks
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Frequently Asked Questions about Springworks
Springworks was founded in 2014.
Springworks is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Kartik Mandaville is the current CEO of Springworks. They have also founded this company.
Springworks is a funded company, having raised a total of $1.3M across 3 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Springworks is 219.
Annual revenue of Springworks is $2.72M as on Mar 31, 2022.
HR processes are streamlined by Springworks through innovative software solutions. Recruitment, onboarding, and employee engagement are made seamless and intelligent with a focus on empathy. Blockchain and machine learning technologies are utilized to enhance background verifications via SpringVerify. Interactive games and rewards platforms like EngageWith are offered to build workplace culture. Staffing and hiring solutions are provided through SpringRecruit and SpringHire, targeting technology sectors. The company serves over 20,000 clients globally, ensuring efficiency and reliability in HR operations.
Springworks's top competitors include Workday, SuccessFactors and GreytHR.
Springworks offers SpringVerify, EngageWith, SpringRecruit, SpringHire, and Albus.
Springworks has 7 investors. Key investors include Science, Wave Digital Assets, AlphaBlock, DNA Fund, and Win79.