Worksome has raised $13.0M in total across 1 funding round.
Worksome's investors include Balderton Capital, EQT Ventures, Heartcore Capital, Look Up Ventures.
Worksome is a technology company founded in 2017 and headquartered in Copenhagen, Denmark, that builds a cloud-based platform for managing freelance and independent talent workforces. Its platform serves enterprises by simplifying the sourcing, onboarding, contracting, compliance, payments, and global payroll processes for freelancers and contractors. Worksome’s solution addresses the complexity and risks companies face in managing external talent, enabling them to build private talent pools and automatically match freelancers to projects based on skills. The platform also offers Employer of Record (EOR) and Professional Employer Organization (PEO) services, allowing clients to hire full-time employees globally with compliant HR management. Worksome serves large clients such as Unilever, Pepsi, and Carlsberg and has expanded operations to the UK and US markets, supporting over 30,000 freelancers[1][2][3].
Worksome was founded in 2017 by a team in Copenhagen aiming to solve the challenges companies face when hiring and managing flexible teams at scale. The founders recognized the growing importance of independent talent and the administrative and compliance burdens involved. Early traction came from addressing new regulatory challenges like the UK’s IR35 tax law and the rapid growth of freelance workforces. Expansion to the UK and US markets in 2019 marked pivotal moments, with the company rapidly growing its presence and client base in these regions. In 2021, Worksome secured $17 million in Series A funding to accelerate product development and market expansion[1][3][4].
Worksome rides the growing trend of the gig economy and the increasing reliance on flexible, independent talent by enterprises worldwide. The rise of remote work, regulatory complexity around freelance labor, and the need for agile workforce models create strong market forces favoring platforms like Worksome. Its timing is critical as companies seek to innovate while controlling costs and compliance risks in managing external workforces. By automating complex processes and providing global hiring capabilities, Worksome influences the broader ecosystem by enabling more efficient, compliant, and scalable use of freelance talent, thus shaping the future of work[1][3].
Looking ahead, Worksome is positioned to capitalize on the continued expansion of the freelance economy and the increasing demand for flexible workforce solutions. Future growth will likely be driven by further product innovation in compliance automation, AI-driven talent sourcing, and global workforce management. As regulatory environments evolve and companies seek more agile talent strategies, Worksome’s influence as a trusted platform for managing independent contractors is expected to deepen. Its ongoing expansion in the US and other global markets, supported by strong funding and a growing freelancer base, suggests a trajectory toward becoming a leading global player in freelance workforce technology[3][4].
Worksome has raised $13.0M across 1 funding round. Most recently, it raised $13.0M Series A in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $13.0M Series A | Balderton Capital, EQT Ventures, Heartcore Capital, Look Up Ventures |
