WorkJam Secures $50M in Series C Funding

WorkJam, a Montreal, Canada-based digital workplace solutions provider for organizations with frontline employees, closed a $50m USD Series C round funding. The round was led by Inovia Capital, with participation from Fonds de Solidarité FTQ and Claridge and existing investors Lerer Hippeau, Blumberg Capital, Harmony Partners and WorkJam’s management team. In conjunction with the funding, Inovia Capital’s partners Dennis Kavelman will be joining WorkJam’s board of directors. The company intends to use the funds to continue to innovate, expand geographically, seek acquisitions, and invest in its employees. Led by Steven Kramer, CEO and President, WorkJam provides a digital workplace platform for large-enterprise and mid-market companies to communicate across their non-desk workforce, understand and execute tasks, provide them with training, offer schedule self-service and a multi-location open shift marketplace, recognize, and reward employees and more — all through any mobile or desktop device.