Workhuman

Workhuman

SaaS platform for employee recognition and engagement

About Workhuman

Simplify's Rating
Why Workhuman is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Enterprise Software

Company Size

1,001-5,000

Company Stage

Series B

Total Funding

$14.6M

Headquarters

Framingham, Massachusetts

Founded

1999

Overview

Workhuman builds workplaces that prioritize the value of every employee. Their main product, Workhuman Cloud, is a secure software platform that supports over six million users in more than 180 countries, focusing on enhancing company culture through employee recognition, engagement, performance, work-life balance, inclusion, and belonging. The platform generates millions of instances of human connection, helping organizations create a positive work environment. Additionally, Workhuman IQ offers business insights that help leaders identify and address issues proactively, aligning business goals for immediate results. Unlike competitors, Workhuman emphasizes a human-centric approach, making it easier for organizations to foster a supportive workplace culture. The company's goal is to drive return on investment through improved employee experiences and to be recognized as a top workplace globally.

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Simplify's Take

What believers are saying

  • Generative AI integration in HR platforms is gaining traction.
  • Demand for centralized administrative solutions in HR tech is increasing.
  • Focus on belonging and inclusion is becoming a critical leadership imperative.

What critics are saying

  • Increased competition from platforms like AdvantageClub could impact market share.
  • Legal disputes and failed acquisitions may lead to financial and reputational damage.
  • Rapid AI integration poses risks of implementation challenges and data privacy concerns.

What makes Workhuman unique

  • Workhuman's AI assistant uses recognition-specific language models for actionable insights.
  • The Admin Hub centralizes program management, enhancing oversight and control.
  • Workhuman's focus on belonging and inclusion addresses critical leadership imperatives.

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Funding

Total Funding

$14.6M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
Viestories
Dec 3rd, 2024
AdvantageClub.ai has Secured $4 Million in Latest Fun

AdvantageClub competes with platforms like Vantage Circle, Bonusly, Awardco, Workhuman, Reward Gateway, and Achievers.

The Irish Times
Nov 9th, 2024
Court documents lay bare breakdown between Workhuman and private equity investor

In a separate action, Workhuman filed a conspiracy claim in the High Court in Dublin against ICG and various individuals late last year, seeking damages over the failure in the spring and summer of 2023 to acquire Achievers, a HR tech firm, from its majority shareholder, US private equity firm Silver Lake.

Business Wire
May 7th, 2024
Workhuman Bolsters Leadership Team To Spearhead Product Innovation, Ai Integration, Global Market Expansion

FRAMINGHAM, Mass. DUBLIN--(BUSINESS WIRE)--In continuation of its strategic and relentless pursuit of innovation and growth, Workhuman®, the company revolutionizing the way employees celebrate, connect with, and appreciate each other in the workplace, announces several key leadership appointments. These appointments underscore the organization’s commitment to business growth while leveraging artificial intelligence (AI) and other emerging technologies to develop superior employee recognition and employee engagement solutions that help companies foster cultures of gratitude, transparency, and resiliency. The appointments include:. Richard Maclachlan, Chief Marketing Officer: Based in Framingham, having joined Workhuman in 2021, Maclachlan quickly rose from VP of Integrated Strategy to SVP, Global Head of Marketing, demonstrating a growth-first mindset and a proven ability to scale operations effectively. As the Chief Marketing Officer (CMO), Maclachlan will oversee the Global Marketing team, handling responsibilities across brand and creative, product marketing, digital transformation, growth marketing, revenue operations, and global communications

The Irish Times
May 7th, 2024
WorkHuman to add specialist AI roles in Dublin

WorkHuman is looking to hire 11 AI specialists to work under newly appointed vice-president of product engineering Shmulik Barel at its Dublin headquarters in Park West.

WorkLife News
Apr 23rd, 2024
Helpmate vs. threat: HR execs discuss unlocking the AI-powered future of work

For example, Workhuman last week introduced a generative AI assistant to its workplace intelligence platform Workhuman iQ that enables business decision makers to get quick responses to questions like, "Who within the organization is demonstrating our company values?"

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