When I Work raises $ 15 million for its planning management platform

by bold-lichterman

The American start-up When I Work, which is developing an application for managing work schedules, announced that it had raised $ 15 million (approximately € 13.1 million) in series B. The funding round was led by Drive Capital, as main investor, alongside Arthur Ventures and High Alpha. In the past, the company has already completed a $ 9 million fundraiser from e-ventures, Greycroft Partners and Arthur Ventures.

Launched in 2010, When I Work is a web and mobile platform for companies that need to manage the schedules and attendance of employees working on time or who have staggered work schedules. The solution makes it possible in particular to know the availability of each potential employee, to discuss with them, or to obtain a follow-up of budgets dedicated to salaries. An offer that targets companies in many sectors, from catering, to distribution through services.

Saas model

“Tools like Slack and HipChat are great, but they are fundamentally focused on improving collaboration between people who are sitting behind desks. We believe there is a tremendous opportunity to build tools that improve collaboration on operations business bases that serve everyone, ”said Chad Halvorson, CEO.

Today, When I Work claims more than 50,000 workplaces using its platform. Its business model is based on the marketing of a monthly subscription, the price of which varies according to the number of users supported. Other players are also positioning themselves in this market, such as the Danish Planday which raised $ 14 million last March, notably from the French fund Idinvest Partners. With this new investment, When I Work announces that it wants to strengthen its sales, marketing and engineering teams.

CEO: Chad halvorson

Launch: 2010

The head office : Saint Paul, Minnesota (United States)

Activity: schedule management software

Funding: 24 million dollars raised since its creation

Competitor: Planday

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