WorkLLama, an Alpharetta, GA-based technology company that provides AI-driven, talent marketing, relationship management, and direct sourcing suite, secured $50 million in funding, an indication of the market's demand for modern technology to access highly skilled, on-demand talent at scale.
With the new funds in place, WorkLLama will continue growing its team to keep up with the exponential growth, accelerate product enhancements to keep its competitive edge, embark on strategic acquisitions over the next 12 months, invest in continued automation, and continue to expand its presence across North America, Europe, and Asia Pacific.
"A customer's number one asset is its people. This latest round of investment in WorkLLama cements our position in the market and allows us to further solve their number one challenge—access to talent and delivering on our promise to look at talent holistically," said Sudhakar Maruvada, Founder and CEO, WorkLLama. "Our platform makes it simple to find, engage, and nurture talent, leading to a superior user experience for both customers and candidates alike. This means access to engaged talent ready to work for your organization and invested in doing so."
WorkLLama's goal is to help connect talent with roles that are meaningful and allow them to engage easily with brands in their chosen field.
Its talent marketing and relationship management capabilities, coupled with its conversational chatbot, Sofi, crowdsourced referral engine, and dynamic talent communities, mean people, suppliers, and companies are connected faster than ever before.
Company: WorkLLama LLC
Raised: $50.0M
Round: Unknown
Funding Month: February 2023
Lead Investors: Undisclosed
Additional Investors:
Company Website: https://workllama.com/
Software Category: HR and Recruiting Software
About the Company: Founded in 2016, WorkLLama is an HR and recruiting software company that provides a total talent management and engagement suite. They create communities of highly engaged talent with a single, modern, AI-driven talent marketing, relationship management, and direct sourcing platform. Since its founding, the WorkLLama team has grown to over 100 employees with customers across four continents. It delivered, on average, a 20% external labor cost reduction and a 66% reduction in time-to-hire for customers.
Source: https://www.prnewswire.com/news-releases/workllama-raises-50m-to-accelerate-growth-in-direct-sourcing-and-talent-relationship-management-301755123.html