WorkMotion
Human resources platform that allows companies to remotely hire and onboard employees.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 Valuation: €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | N/A | $10.0m | Debt |
| Total Funding | 000k | ||
| EUR | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | - | 384 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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WorkMotion is a German-based startup specializing in global HR solutions, designed to help companies navigate the complexities of international hiring and workforce management. As an Employer of Record (EOR) provider, WorkMotion enables businesses to hire and manage employees in over 160 countries without the need to establish a local entity. This service is particularly beneficial for companies facing a shortage of talent in their home markets and looking to tap into a global talent pool.
WorkMotion's platform offers a comprehensive suite of tools that streamline the hiring process, making it faster and ensuring compliance with local labor laws. The platform includes detailed country guides that provide an overview of hiring processes and legal requirements, helping companies make informed decisions. Additionally, WorkMotion ensures data security and compliance with international standards, being GDPR compliant and ISO certified.
The company's primary clients are businesses of all sizes looking to expand their workforce globally without the administrative burden and high costs associated with setting up foreign subsidiaries. By using WorkMotion, these companies can onboard new employees within days, create instant contracts, and manage global workflows seamlessly on a single platform. The platform also offers HR guidance from an in-house team of experts, ensuring that clients receive the support they need to build resilient, compliant global teams.
WorkMotion generates revenue through a subscription-based model, where clients pay for access to the platform and its various features. This model provides a steady stream of income and allows the company to continually invest in improving its services.
In summary, WorkMotion is revolutionizing the way companies hire and manage global talent by offering a secure, compliant, and efficient platform. It serves businesses looking to overcome talent shortages and expand their global footprint without the complexities of traditional international hiring methods.
Keywords: Global HR, Employer of Record, International Hiring, Talent Acquisition, Compliance, Workforce Management, Data Security, Country Guides, Subscription Model, HR Solutions.