WorkLLama Raises $50M to Accelerate Growth in Direct Sourcing and Talent Relationship Management
WorkLLama, the technology provider of a suite focusing on AI, talent marketing, relationship management and direct sourcing, announced it has invested $50 million, a sign of shows demand from the market for modern technology to access skilled talent and the demand is escalating.
With the new funds, WorkLLama will continue to grow its team to keep up with exponential growth, accelerate product innovation to maintain a competitive edge, embark on a strategic acquisitions strategy over the next 12 months, invest in ongoing automation and continue to expand its operations. presence in 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,”
“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.”
Sudhakar Maruvada, Founder and CEO, WorkLLama.
“It was a great pleasure working with Sudhakar, Saleem, and their team to leverage their experience in total talent management to find the ideal capital partner for the next phase of WorkLLama’s growth. We see a bright future for the company and wish the WorkLLama team continued success in the future.”
Allen Born, Director of Fairmount Partners.
Today’s businesses and the recruitment agencies that support them are increasingly dependent on new ways to find and attract talent. WorkLLama’s goal is to help connect talent to meaningful roles and make it easy for them to interact with brands in their chosen niche. WorkLLama’s talent marketing and relationship management capabilities, combined with conversational chatbots, Sofi, community resource SEO tools, and vibrant talent communities mean people, vendors and businesses Connect faster than ever.
“WorkLLama helps companies leverage their own brand to create powerful candidate experiences. Existing talent channels are underperforming, and organizations are struggling to find quality talent for open roles, making workforce planning a challenge,”
“This additional funding means we can continue to invest in our enterprise-grade platform, empowering customers and candidates with the proficiency they deserve and one simple, unified way to manage it all.”
Saleem Khaja, Co-Founder and COO, WorkLLama.
Since its inception in 2016, the WorkLLama team has grown to over 100 employees with clients on four continents. On average, it has resulted in a 20% reduction in outside labor costs and a 66% reduction in rental time for customers.
Fairmount Partners served as the exclusive financial advisor to WorkLLama.
