WorkJam Secures $50 Million in Series D Funding Round

Frontline Workforce App Is Helping Retail, Hospitality and Manufacturing Companies Engage, Upskill and Retain Talent in a Tight Labor MarketWorkJam Will Use New Investment to Accelerate Global Expansion and Product InnovationWorkJam, the worlds leading digital frontline workplace, announced it has secured $50 million in a Series D funding round jointly led by new investor the Fonds de solidarit\xe9 FTQ and returning investor Inovia Capital. WorkJam will use the new funding to expand its reach in Europe, Southeast Asia, Latin America and the U.S., fuel product innovation, and accelerate its business growth.Enterprise businesses across retail, hospitality, manufacturing and other industries are still dealing with turbulence within the workforce and the ripple effects of the Great Resignation, said Steven Kramer, CEO of WorkJam. Were extremely proud to partner with this prestigious group of investors as we accelerate our momentum and help companies across the globe improve frontline workforce engagement, retention, job satisfaction and well-being.Amid a tight labor market, companies in multiple industries are competing intensely for talent and adopting WorkJams technology to empower their frontline employees with digital tools that help them seamlessly manage their schedules and tasks, access learning modules and features, and communicate with colleagues at every level of their organization. American Eagle Outfitters, Aramark, Circle K, DaVita Healthcare, Hilton, Shell and Ulta Beauty are among the leading global companies equipping frontline staff with the WorkJam app to drive retention, productivity and workplace happiness.The Fonds de solidarit\xe9 FTQ is proud to continue its partnership with WorkJam, a company that creates healthy, people-centered workplaces, said Dany Pelletier, Executive Vice-President, Private Equity and Impact Investments, at the Fonds de solidarit\xe9 FTQ. The Fonds will always be there to support the company in its growth and future plans.WorkJam offers an unparalleled suite of digital capabilities that are positively transforming the workplace experience and helping companies connect to their frontline workers for happy and engaged employees, said Tim Greenfield, Managing Partner, Demopolis Equity Partners.