WorkJam Secures $20 Million Investment

by Kay Aloha Villamor in August 1st, 2024

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 

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