WorkLLama, an Alpharetta, GA-based technology startup providing talent marketing, relationship management, and a direct sourcing suite, has raised $50 million in funding. The backers were not disclosed.
During the next 12 months, WorkLLama will use the additional funding to increase its team size, quicken product improvements, make strategic acquisitions, invest in more automation, and further establish its presence in North America, Europe, and Asia Pacific.
WorkLLama is a comprehensive suite for engagement and talent management. With a single, cutting-edge, AI-driven platform for talent marketing, relationship management, and direct sourcing, the company builds communities of highly engaged talent.
“A customer’s number one asset is its people. This latest round of investment in the company cements our position in the market and allows us to solve further their number one challenge—access to talent and delivering on our promise to look at talent holistically,” said Sudhakar Maruvada, Founder and CEO, WorkLLama.
Today’s businesses and the employment firms that assist them increasingly depend on novel approaches to attract and retain talent.
The startup aims to assist in matching talent with relevant opportunities and enable them to interact effortlessly with brands in their niche.
WorkLLama helps companies leverage their brand through staffing
Since its founding in 2016, WorkLLama has developed its talent marketing and relationship management capabilities. This, along with its conversational chatbot, Sofi, crowdsourced referral engine, and dynamic talent communities, has accelerated connections between customers, suppliers, and businesses.
“WorkLLama helps companies leverage their 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,” said Saleem Khaja, Co-Founder and COO, WorkLLama.
With clients on four continents, the WorkLLama team has increased to over 100 members since 2016. It reduced the time to hire customers by 66 percent and external labor costs by 20 percent on average.
WorkLLama will keep accelerating product improvements, making strategic acquisitions, and growing internationally.
“Our platform makes finding, engaging, and nurturing talent simple, 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,” added Sudhakar Maruvada.