Worky offers a unified HR, time and attendance, and payroll platform tailored to Mexican employers, particularly the operative/blue-collar workforce. Its core product includes Worky Payroll, released in 2022 as Mexico’s first cloud-native payroll solution, featuring shift management and real-time payroll calculations. The platform integrates workforce operations, commissions and bonuses, and compliance workflows to help companies avoid fines under recent Mexican outsourcing regulations. Worky reports serving over 40,000 users in Mexico and targets a market where roughly 60% of SME employees change jobs annually. The company says its platform reduces employee rotation by 30% within three months and increases job permanence by an average of 80%, improving financial performance for clients. With the new capital, Worky plans to accelerate product development, expand sales and marketing, and strengthen its team to scale across Mexico and the broader Latin American market. Founded in 2018 by Maya Dadoo, Carlos Marina and Oscar Castillo, Worky provides an end-to-end, enterprise-grade HR and payroll platform for Mexican SMEs. The product automates employee files, PTO management, recruiting, evaluations, payroll and employee benefits, and offers employee financial products such as payroll loans, saving plans and insurance. Worky positions itself to replace manual Excel-based HR processes and to improve communication between employers and employees. The company reports that customers have decreased employee attrition by 30% within the first three months of use and that employers can be up and running in less than two hours. Worky plans to use the seed funding to further build out its technology and to scale to larger businesses. The company is headquartered in Mexico City.

Total raised

$9M

Funding rounds

2

Latest round

Series A

Latest activity

May 2024