WorkForce Software provides cloud-based workforce management solutions that help enterprise and mid-sized organizations digitize time and attendance, optimize employee scheduling, simplify absence management, and generate strategic business insights. The company is led by CEO Mike Morini and was founded in 1999. Headquartered in Livonia, Michigan, WorkForce has historically been backed by Insight Partners, which has been the majority investor since 2014. The company received an equity investment from affiliates of Evergreen Coast Capital, the technology-focused private equity arm of Elliott Management. The amount of the investment was not disclosed. WorkForce says it will use the funds to expand into international markets and to scale its customer experience. WorkForce Software, founded in 1999 by CEO Kevin Choksi, provides a cloud-based workforce management suite. Its platform enables organizations to automate time and attendance processes, manage employee absence and leave, optimize staff scheduling, gain real-time visibility into labor costs and productivity, and mitigate the risks associated with employee fatigue. The company serves worldwide clients. WorkForce received a majority equity investment from Insight Venture Partners; the amount was not disclosed. It intends to use the proceeds for global expansion, including scaling operations. Following the transaction, Kevin Choksi and the current executive team will continue to lead the company, and Insight's Ryan Hinkle and Ross Devor will join the board. WorkForce Software provides enterprise workforce management software, notably its EmpCenter suite, to help employers track and manage employee time and labor, control absences, schedule staff, ensure compliance, and mitigate employee fatigue. The company serves hundreds of enterprise clients across North America, Europe, Latin America, the Middle East and Asia. It is founded in 1999 by CEO Kevin Choksi and is based in Livonia, Michigan. WorkForce says it will use new capital to expand its market presence globally and continue investing in innovation. The business targets organizations with complex labor policies and stringent compliance demands. Recent financing activity indicates ongoing investment to support its growth and product development.

Total raised

$17M

Funding rounds

4

Latest round

Series A

Latest activity

Nov 2011