WorkLLama, a technology company that provides an AI-driven talent marketing, relationship management, and direct sourcing suite, announced today that it has received $50 million in funding, demonstrating the market’s demand for modern technology to access highly skilled, on-demand talent at scale.
WorkLLama will use the new funds to expand its team to keep up with its exponential growth, accelerate product enhancements to maintain its competitive edge, embark on strategic acquisitions over the next 12 months, invest in continued automation, and expand its presence across North America, Europe, and Asia Pacific.
Today’s businesses, and the staffing agencies that support them, are increasingly reliant on new methods of attracting and retaining talent. WorkLLama’s goal is to connect talent with meaningful roles and make it easy for them to engage with brands in their field. WorkLLama’s talent marketing and relationship management capabilities, coupled with its conversational chatbot, Sofi, crowdsourced referral engine, and dynamic talent communities, mean people, suppliers, and companies are connected faster than ever before.
WorkLLama has grown to over 100 employees and customers on four continents since its inception in 2016. It resulted in a 20% reduction in external labor costs and a 66% reduction in time-to-hire for customers on average.