Worky, a company that offers payroll and HR software solutions to businesses, earned $6 million in Series A investment. The company is headquartered in Mexico City.
Investors
- ADP Ventures
- Brazilian fund Atlántico
Use of funds
The money will be used by the firm to fortify the workforce, increase sales and marketing initiatives, and expedite product development.
Worky launched a shift management module and Worky Payroll in 2022, making it the first cloud-native payroll solution in Mexico. Worky’s real-time payroll solution facilitates the integration of personnel operations with revenue variability procedures, such as commissions and bonuses, therefore improving compliance and efficiency.
About Worky
Maya Dadoo and Carlos Marina founded Worky in 2018 with the goal of “modernizing how companies recruit, manage, and pay their employees,” with a special emphasis on the sometimes disregarded operative labor sector. Worky is primarily focused on servicing Latin America, beginning with Mexico, where the labor and economic productivity of the 20 million SME employees are greatly impacted by the yearly job changes that account for around 60% of the total workforce.
Presently, the organization caters to more than 40,000 clients throughout Mexico.
