WorkMotion Company Research Report



Company Overview



Name


  • WorkMotion Software GmbH


Mission of the Company


  • To eliminate all barriers between great companies and skilled talent, enabling them to hire, onboard, and manage teams in 160+ countries within minutes, in a fully compliant manner.


Founded


  • 2020


Founders


  • Carsten Lebtig

  • Karim Zaghloul

  • Felix Steffens


Key People in the Company


  • Carsten Lebtig: Co-Founder & Growth

  • Karim Zaghloul: Co-Founder & Product & Tech

  • Felix Steffens: Co-Founder & Operations


Headquarters


  • Richard-Ermisch-Str. 7, 10247 Berlin, Germany


Number of Employees


  • No information is available


Revenue


  • No information is available


What is the Company Known For


  • WorkMotion is known for enabling businesses to hire, onboard, pay, and manage remote talent globally in a compliant manner through its EOR solutions, streamlining global HR processes.


Products



WorkGlobal


  • Description: Allows companies to hire talent in over 160+ countries fast and compliant.

  • Key Features:

  • End-to-end payroll management

  • Creation of country-specific compliant contracts

  • Legal and HR guidance


WorkDirect


  • Description: Empowers businesses to register as employers in foreign countries to hire long-term while retaining their brand presence.

  • Key Features:

  • Assistance with local company registration

  • Contract administration with expert-reviewed templates

  • Customizable benefits for talent

  • Payroll administration and payslip distribution


Other Features


  • Fast track onboarding with instant contract creation: Enables onboarding talent within 10 minutes.

  • Compliance guidance: Detailed guidance to avoid legal risks.

  • Financial management tools: Manage employee expenses and hiring costs.


Recent Developments



Funding and Growth


  • Series B Funding:

  • Raised $50 million in Series B round backed by Canaan Partners.

  • Total funding to date: $76 million.

  • Scaling Up: Fast-tracking growth and technological capabilities development, particularly their Global Talent OS platform.


Articles and Press


  • Featured in several articles including Forbes and Daily Hive, recognized for providing leading solutions in the global hiring space.

  • Listed among top HR tech startups in Germany to watch out for in 2023 by UNLEASH media.


New Partnerships


  • Recently partnered with Fintech Group to allow salary payments in Bitcoin, enhancing payroll flexibility.

  • Country Guides: Extensive employment guides for hiring processes in 160+ countries.


New Features and Initiatives


  • Remote Work Academy: Launched educational resources to help companies and employees thrive in remote work environments.

  • Remote Work Index: Surveyed cities for best remote work environments, ranked Montreal and Melbourne top cities.


Data Security and Compliance


  • Achieved ISO 27001 certification for Information Security Management System (ISMS).

  • Ensures data protection through robust access controls, encryption, and strict handling protocols.

  • Committed to GDPR compliance, offering transparency about data safeguards.


WorkMotion stands out as a key player in global employment solutions, effectively bridging the gap between companies and top global talent through innovative and compliant practices.