Workstream

Workstream

HR platform for hiring and onboarding

About

Workstream.us is a platform that helps businesses streamline their hiring and onboarding processes, particularly for hourly workers. It offers tools for applicant tracking, digital onboarding, payroll management, and employee engagement, all designed to attract and engage job candidates effectively. The platform uses artificial intelligence to automate HR tasks, allowing businesses to focus more on their employees. Workstream's goal is to improve HR efficiency and employee engagement through its comprehensive suite of solutions.

Company Stage

Series B

Employees

201-500

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$114.8M

Headquarters

San Francisco, California

Founded

2017


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Simplify's Take

What believers are saying

  • Workstream's recent $60 million funding round supports aggressive expansion and product development.
  • The launch of an all-in-one payroll solution strengthens its position in the HR tech market.
  • Growing demand for AI-driven HR solutions aligns with Workstream's technology offerings.

What critics are saying

  • Increased competition from mobile-first HR tech startups may challenge Workstream's market share.
  • Potential regulatory changes around AI usage in HR could impact Workstream's operations.
  • Economic downturns in the restaurant industry could reduce demand for Workstream's services.

What makes Workstream unique

  • Workstream offers a comprehensive HR platform tailored for the hourly workforce.
  • The platform integrates AI to automate HR tasks, enhancing efficiency and reducing manual work.
  • Workstream's multilingual AI chatbot, Workstream Assistant, caters to diverse and multilingual workforces.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

2%

Benefits

Medical, dental, & vision

Paid counseling sessions

Competitive market compensation

Generous stock

Flexible PTO

Paid parental leave

Professional development

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