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.