Workwise, a business based in Germany that wants to make job searching and hiring easier, revealed on March 8, 2022, that it has raised EUR 12 million in its Series A round of funding. LEA Partners, based in Karlsruhe, and Armira Growth, based in Munich, participated in the round.

Workwise believes that the funds raised in this round will be mainly utilized for faster scalability, product development, and staff expansion. Until now, the company claims to have been bootstrapped and has managed to become profitable on its own.

The team is scheduled to increase from 140 to 200 personnel by the end of 2022 and 300 the following year.

What the founder has to say:

Jannik Keller & Martin Trenkle- The founders

Workwise CEO Martin Trenkle:

“Through successful bootstrapping and continual expansion, we have attained an excellent position over the previous five years. We’ve been in a fruitful partnership with LEA Partners and Armira Growth for a long time. Now we’re ready to take the next step in our growth, and we’re thrilled to have such seasoned partners on board, who will provide us with new money and the know-how we need to reach a new level as a company.”

What the investors have to say:

Nils Seele, Principal at LEA :

“We have known Martin and Jannik for three years now – it is incredible what the two of them and the entire Workwise team have built up over the previous years without investors. Workwise answers SMEs’ difficulties by providing tech-enabled recruiting. We’re pretty thrilled about this concept, and our 3,000 Workwise clients can attest to that.”

About Workwise:

Workwise (formerly, Campusjäger) was founded in 2015 by Martin Trenkle and Jannik Keller to give businesses all the resources needed to locate qualified team members.

“Our holistic solution combines access to channels for wider reach with an applicant management system for a better overview and efficiency,” the company states. We delve into specific procedures and offer advice to businesses on how to set up digital and applicant-friendly recruiting.”

Workwise claims to make application processes and career planning easier for job searchers by providing a simple platform that includes a profile for all applications, quick communication channels, and short, precise questions instead of letters.

Workwise currently has over 3,000 customers and over 300,000 job searchers on its platform.

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Kshitij does business research and content writing for VCBay. Pursuing BBA from Symbiosis Center Of Management Studies (SCMS) Pune, he is skilled in Financial Modeling, Stock valuation and Microsoft Excel. He is passionate about Entrepreneurship and Finance.



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