Workstream raises additional $60 million
Workstream, the mobile-first hiring and onboarding platform for the deskless workforce, has extended its Series B funding round with an additional close of $60 million, bringing the total Series B financing to $108 million.
The round was led by GGV Capital, with participation from additional investors. Nationwide, which serves “hundreds of thousands of businesses across retail, hospitality, warehousing, auto and restaurants,” has also invested in Workstream through its venture capital arm Nationwide Ventures.
Founded in 2017, the California-based startup enables businesses to source, screen and onboard hourly workers faster. The platform is used by more than 20,000 hiring managers in the country and some clients include Burger King, Dairy Queen, and Jimmy John’s.