Workee has just closed a seed round. The funding was provided by several business angels including Michael Ritto, former CEO at Nordisk Film, and seasoned business people from the Keystones network. Together with a matching loan from the Danish state fund Vaekstfonden, the investment totals €2.25 million DKK (300K).
“We designed our app to meet the modern job trends. First and foremost, around 65% of employees in service industries prefer to use mobile devices for all work-related issues. Next, from 2014 to 2019, there was a 2,500% increase in ‘job near me’ searches,” said Vera Reshetina, CEO at Workee. “We’re especially excited that this fundraising is happening during the second wave of the pandemic. Many of our users have particularly suffered because of the lockdown, but during the past few months the number of unemployed individuals in Denmark has been slowly decreasing. It’s the perfect timing to gradually take the job market back to normal with the help of technology. The fresh funds will help thousands of Danes find a job in a matter of minutes.”
The new financing will be used primarily for bolstering the company’s position in Denmark and enhancing its offering for large recruiters.
Announcement: Workee raises €300K to scale its mobile-first job app