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About Workstep
Industries
Consulting
Enterprise Software
Company Size
11-50
Company Stage
Series B
Total Funding
$41.1M
Headquarters
San Francisco, California
Founded
2017
Overview
WorkStep provides employee engagement solutions specifically designed for frontline workers in various industries such as manufacturing, logistics, and retail. The platform enables organizations to gather real-time feedback from employees through expert-backed surveys, which help identify critical moments in the employee journey. This feedback offers actionable insights that HR and Operations teams can use to reduce turnover and enhance productivity. WorkStep operates on a subscription-based model, offering tools for continuous listening, workforce engagement tracking, and metrics to identify high-performing leaders. Additionally, it features a talent network that connects job seekers with employers, ensuring a match based on skills. The company prioritizes data security with encryption and access controls, ensuring user data is protected.
Simplify's Take
What believers are saying
- Raised $25M in Series B funding to scale operations and enhance offerings.
- Recognized as a High Performer in Employee Engagement by G2 in Fall 2022.
- Launch of new features like Suggested Actions and Inform enhances user engagement.
What critics are saying
- Increased competition from Beeline's acquisition of Utmost in 2023.
- Economic downturns could affect subscription renewals and revenue stability.
- Rapid scaling post-Series B funding may challenge service quality and customer satisfaction.
What makes Workstep unique
- WorkStep focuses on frontline workers, a niche often overlooked by competitors.
- The platform offers real-time feedback through expert-backed surveys for actionable insights.
- WorkStep's Cost of Turnover Calculator provides unique value in quantifying turnover costs.
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Funding
Total Funding
$41.1M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Top class health & dental insurance
Flexible PTO
Flexible working schedule
Company equity
401k match
Home office setup stipend
Wellness & fitness reimbursement
Fully remote team
Team building activities & off-sites
Growth & Insights and Company News
6 month growth
â 4%1 year growth
â 8%2 year growth
â 0%Beeline acquired Utmost to address the complexity of managing the shift-based and extended workforce.
WorkStep, a workforce hiring and retention platform for the supply chain, announced today it has raised $25 million in Series B funding to combat the
Workstep is incredibly excited to announce the launch of Inform as a part of WorkStepâs ACT package.
SAN FRANCISCO--(BUSINESS WIRE)--WorkStep, a technology company that helps large employers hire and retain their hourly workforce, has been recognized by G2, the worldâs leading business solutions review site, as a High Performer in the Employee Engagement category for Fall 2022. âBetween the Great Resignation and a worsening labor shortage, retention continues to be a top priority for businesses across the U.S.,â said Dan Johnston, co-founder and CEO of WorkStep. âG2âs recognition shows WorkStep is reducing sky-high turnover and cultivating a positive workplace environment in a sector plagued with labor challenges. As a feedback-centric platform, we understand the importance of customer reviews. We appreciate the feedback from our customers and look forward to serving more leading brands in the near future.â
At WorkStep Workstep believe in starting small, and acting quick, and thatâs why Workstep is introducing Suggested Actions â a repository of quick, bite-sized actions your managers can take to engage employees and improve retention.
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About Workstep
Industries
Consulting
Enterprise Software
Company Size
11-50
Company Stage
Series B
Total Funding
$41.1M
Headquarters
San Francisco, California
Founded
2017
There are no jobs for Workstep right now.
Find jobs on Simplify and start your career today