Worksome

Copenhagen, Denmark Founded: 2017 • Age: 9 yrs
Hiring, contracts, and payroll are automated for external workforce management.
Annual revenue $105.5M Latest available
Total funding $37.7M 13 rounds
Employees 31 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Worksome

Worksome is a company based in Copenhagen (Denmark) founded in 2017 by Mathias Linnemann, Hans Peter Nielsen, Christina Brun Petersen, and Morten Petersen. Worksome has raised $37.73 million across 13 funding rounds from investors including Tommy Ahlers and Lind & Risør. The company has 31 employees as of November 30, 2024. Worksome offers products and services including Omni-Channel Sourcing, Compliance & Contracting, Payments, and Data & Reporting. Worksome operates in a competitive market with competitors including Deel, Globalization Partners, Velocity Global, Multiplier and WorkMotion, among others.

  • Headquarter Copenhagen, Denmark
  • Employees 31 as on 30 Nov, 2024
  • Founders Mathias Linnemann, Hans Peter Nielsen, Christina Brun Petersen, Morten Petersen
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Worksome Aps
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $105.52 M (USD)
    350
    as on Dec 31, 2021
  • Net Profit
    -$5.34 M (USD)
    -158
    as on Dec 31, 2021
  • EBITDA
    -$6.09 M (USD)
    -139
    as on Dec 31, 2021
  • Total Equity Funding
    $37.73 M (USD)

    in 13 rounds

  • Latest Funding Round
    $13 M (USD), Series A

    May 14, 2021

  • Investors
  • Employee Count
    31

    as on Nov 30, 2024

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Products & Services of Worksome

Worksome offers a comprehensive portfolio of products and services, including Omni-Channel Sourcing, Compliance & Contracting, Payments, and Data & Reporting.

Product name locked
Category locked
Primary

Platform for accessing and hiring global freelance talent quickly

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System for instant worker classification and contract generation

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Secure platform for fast invoicing and global payments to contractors

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Tools for workforce visibility and cost tracking in real time

People of Worksome

Headcount 50-200
Employee Profiles 46
Board Members and Advisors 1
Employee Profiles
People
Mathias Linnemann
Co-Founder & CCO
People
Christina Brun Petersen
Co-founder & Chief People Officer
People
Maja Brødbæk
People Operations Manager
People
Morten Petersen
Co-Founder & CEO

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Board Members and Advisors
people
Peter Michael Oxholm Zigler
Board Member

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Funding Insights of Worksome

Worksome has successfully raised a total of $37.73M across 13 strategic funding rounds. The most recent funding activity was a Series A round of $13 million completed in May 2021. 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 Worksome

Worksome has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Tommy Ahlers and Lind & Risør.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Lind & Risør A/S is engaged in custom home building and architectural design.
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Tommy Ahlers

Danish entrepreneur, angel investor, ex-Minister, active in Indian startup ecosystem
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Investor details for Worksome

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Investments & Acquisitions by Worksome

Investments
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Investment portfolio details for Worksome

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  • Transaction dates
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Financial Statements - Worksome

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Detailed financials for Worksome

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  • Profit trends
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Worksome Comparisons

Worksome Primary company
Description
Hiring, contracts, and payroll are automated for external wo...
Location
Copenhagen, Denmark
Founded Year
2017
Annual Revenue
$105.52 M (USD)
Net Profit
-$5.34 M (USD)
EBITDA
-$6.09 M (USD)
Employees
31
As of 2024
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Peer comparison for Worksome

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Competitors of Worksome

Worksome 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 Deel, Globalization Partners, Velocity Global, Multiplier and WorkMotion, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based HRMS solutions are delivered for enterprise compliance and payroll.
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Global teams are hired via AI platform without subsidiaries.
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Cloud-based HRMS platform is provided for enterprise workforce management.
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Cloud-based SaaS management solutions are offered by Multiplier.
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Cloud-based HRMS platform for hiring, payroll, and onboarding is provided.
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Cloud-based tools for contingent workforce management are offered.
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Detailed competitors of Worksome

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Latest news on Worksome

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Complete news archive for Worksome

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  • Brand-specific news history

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Frequently Asked Questions about Worksome

Worksome was founded in 2017.

Worksome is headquartered in Copenhagen, Denmark.

Morten Petersen is the current CEO of Worksome. They have also founded this company.

Worksome is a funded company, having raised a total of $37.73M across 13 funding rounds to date.

As of Nov 30, 2024, the latest employee count at Worksome is 31.

Annual revenue of Worksome is $105.52M as on Dec 31, 2021.

Worksome was founded in 2017 in Copenhagen, Denmark, as a platform in the HR technology sector focused on external workforce solutions. End-to-end processes for hiring freelancers are supported, including job post creation, bid comparisons, and selections from a pre-screened marketplace. Compliant contract management and payroll services are also provided to ensure operational efficiency across operations.

Worksome's top competitors include Deel, Globalization Partners and Velocity Global.

Worksome offers Omni-Channel Sourcing, Compliance & Contracting, Payments, and Data & Reporting.

Worksome has 2 investors. Key investors include Tommy Ahlers, and Lind & Risør.

The valuation of Worksome is $139.17M as of May 2021.

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