About Workmate
Workmate is a company based in Singapore (Singapore) founded in 2016 was acquired by PERSOL in October 2022. Workmate has raised $10.7 million across 4 funding rounds from investors including Wavemaker Partners, PERSOL and Lendable. Workmate operates in a competitive market with competitors including Legion, WorkJam, smartstaff, Harri and Work Market, among others.
- Headquarter Singapore, Singapore
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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 Helpster Pte. Ltd.
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Annual Revenue
$5.6 M (USD)91as on Dec 31, 2019
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Net Profit
-$2.46 M (USD)-35as on Dec 31, 2019
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EBITDA
Not available
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Total Equity Funding
$10.7 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Series A
Sep 28, 2022
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Investors
Wavemaker Partners
& 6 more
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Employee Count
Not available
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Acquired by
PERSOL
(Oct 11, 2022)
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People of Workmate
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Funding Insights of Workmate
Workmate has successfully raised a total of $10.7M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 2022. 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 Workmate
Workmate has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Wavemaker Partners, PERSOL and Lendable.
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Government-backed fund investing in tech startups
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Early-growth stage tech and offline focused VC investing in geographies such as Asia
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Investor details for Workmate
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Investments & Acquisitions by Workmate
Investment portfolio details for Workmate
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Financial Statements - Workmate
Detailed financials for Workmate
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Workmate Comparisons
Peer comparison for Workmate
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Competitors of Workmate
Workmate 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 Legion, WorkJam, smartstaff, Harri and Work Market, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Workforce management solutions are provided through intelligent automation technology.
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Hourly workforce schedules and communications are managed via software.
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Provider of workforce management platform for blue collar employee lifecycle management
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Recruitment and workforce management are offered for hospitality.
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Freelance management, payments, and reporting are facilitated by AI software.
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SaaS-based workplace management software for offices is delivered.
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Detailed competitors of Workmate
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Latest news on Workmate
Complete news archive for Workmate
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Frequently Asked Questions about Workmate
Workmate was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Workmate is headquartered in Singapore, Singapore.
Workmate is a funded company, having raised a total of $10.7M across 4 funding rounds to date.
Annual revenue of Workmate is $5.6M as on Dec 31, 2019.
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.
Workmate has 7 investors. Key investors include Wavemaker Partners, PERSOL, Lendable, SEEDS Capital, and Beacon VC.