 | |
| Type | Private |
|---|---|
| Industry | Software |
| Founded | 2012 (2012) in Athens, Greece |
| Founders | Nikos Moraitakis Spyros Magiatis |
| Headquarters | , United States |
Area served | Worldwide |
Key people | Nikos Moraitakis (CEO) Spyros Magiatis (CTO) |
| Products | Workable platform |
| Services | ATS software HRIS platform Recruiting automation tools |
| Website | workable |
Workable is a developer of cloud-based recruitment and human resources (HR) management software based in Boston, Massachusetts.1
History
Workable was founded in June 2012 in Athens by Nikos Moraitakis and Spyros Magiatis to develop recruiting software for small and medium-sized businesses (SMBs).23 It was launched amid the Greek government-debt crisis, with the founders initially basing operations in a small office in Athens.4 Its first seed round of approximately $950,000 came largely from JEREMIE-Openfund II, an EU-backed Greek venture capital fund.56
In March 2014, Workable raised $1.5 million in a Series A round led by Greylock IL (later renamed as 83North), with participation from Openfund.78 A year later, in February 2015, Workable received an additional $5 million from existing investors, with the funds intended to expand its operations to the United States.9 In October 2015, Workable raised $27 million in a Series B round led by Balderton Capital.10
In November 2018, Workable raised $50 million in a Series C round led by London-based private equity firm Zouk Capital.1112 In 2020, Workable was included on the Financial Times FT 1000 list of Europe's fastest-growing companies.13
As of 2026, Workable has offices in Boston, Massachusetts; London, United Kingdom; Athens, Greece; and Singapore.4
Platform
Workable provides cloud-based applicant tracking and recruitment software. The software uses predictive algorithms to recommend candidates for a position based on recruitment and personal data collected from online sources. In 2024, Workable expanded its platform with the launch of a full HRIS for onboarding, time-off tracking, employee record management, and performance management.1114
Reception
Workable was reviewed by Juan Martinez and Gadjo Sevilla of PCMag in 2019 and wrote positively about the software.15 Similarly, its platform was reviewed by TechRadar in 2022.16
References
References
- Ioannou, Lori (10 December 2015). "8 Greek innovators defying the odds". CNBC.
- "Greek technology entrepreneurs win funds for start-ups".
- Lunden, Ingrid (7 March 2014). "Workable Raises $1.5M From Greylock IL To Build Cloud-Based Recruitment Software For SMEs". TechCrunch.
- "Tech Start-Ups Bloom in Recession-Hit Greece". Time.
- Wauters, Robin (4 March 2013). "Workable Makes It Easier For Companies To Hire, Raises $780K". TNW.
- Butcher, Mike (26 February 2015). "Hiring SaaS Platform Workable Raises Another $5M".
- Kitsantonis, Niki (24 March 2014). "With Start-Ups, Greeks Make Recovery Their Own Business" – via New York Times.
- Kokalitcheva, Kia (8 March 2014). "Recruiting platform Workable gets $1.5M to make hiring a breeze". VentureBeat.
- Butcher, Mike (26 February 2015). "Hiring SaaS Platform Workable Raises Another $5M". TechCrunch.
- Kolodny, Lora (30 September 2015). "Workable Raises $27 Million to Help Small Businesses Compete for Talent". WSJ.
- O'Brien, Kelly J. (20 November 2018). "Recruitment software maker Workable raises $50M". Boston Business Journal.
- Wauters, Robin (20 November 2018). "Greece-born recruiting software scale-up Workable lands $50 million round to spur growth". Archived from the original on 12 May 2026. Retrieved 28 January 2025.
- Kelly, Maxine (2 March 2020). "FT 1000: the fourth annual list of Europe's fastest-growing companies". Financial Times.
- "Features".
- Martinez, Juan; Sevilla, Gadjo (12 August 2019). "Workable Review". PCMag.
- Jennings, Mike (21 February 2022). "Workable hiring service review". TechRadar.