WorkJam, a Montreal, Canada-based digital frontline workplace, has received $20 million in funding.
Investors
The investment was from Export Development Canada (EDC), a financial crown corporation that helps Canadian businesses expand internationally by providing financial products and expertise. EDC supports Canadian companies in reducing financial risk and achieving global growth, contributing to a stronger and sustainable economy for Canada.
WorkJam Use of Funds
The company will use the funding to fuel its expansion in the EMEA region.
About WorkJam
Founded in 2014, WorkJam is a digital workplace platform designed to enhance the management and engagement of frontline employees. The platform provides a comprehensive suite of tools aimed at improving productivity, compliance, retention, and overall job satisfaction for non-desk workers. It combines communication, task management, scheduling tools, learning, and more – all in one app. WorkJam serves a diverse clientele, including multiple Fortune 500 companies across the retail, travel and hospitality, manufacturing and logistics, and healthcare industries. Its robust platform supports millions of frontline employees across more than 50 countries.
Funding Details
Company: WorkJam, Inc.
Raised: $20.0M
Round: Unknown
Funding Month: July 2024
Investors: Export Development Canada
Company Website: https://www.workjam.com/
Software Category: Frontline Workplace Solution
Source: https://www.prnewswire.com/apac/news-releases/workjam-announces-20-million-investment-from-export-development-canada-to-expand-international-operations-302211615.html