Workwise receives twelve million euros

After seven years of bootstrapping, the HR start-up has now gained investors. Among them are LEA Partners and Armira Growth.

The Karlsruhe-based recruiting start-up Workwise has raised twelve million euros in its Series A financing round. The investors are LEA Partners from Karlsruhe and Armira Growth from Munich. The company, which was founded in 2015, was previously self-financed.

Martin Trenkle and Jannik Keller originally founded Workwise under the name Campusjäger. The founders provide a free applicant management system that can be used to digitize and accelerate recruiting processes. According to the company, it has almost 2,000 customers. Most of these are small and medium-sized companies. The job platform offered is used by more than 300,000 job seekers. The start-up currently has 140 employees. Workwise intends to use the new capital to expand its workforce and grow to 300 employees by next year.

"We now want to take the next growth step and are very happy to have such experienced partners at our side who will help us financially and with know-how to take our company to a new level and make Workwise the epitome of effective recruiting in the German-speaking job market," says CEO Trenkle.