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February 27, 2023

Recruitment AI-Driven Provider WorkLLama Secured $50 Million in Funding

A revolutionary solution within the recruitment industry supported through funding

WorkLLama, located in Alpharetta, GA, raised $50 million in funding for its suite of talent marketing, relationship management, and direct sourcing tools. With the recently acquired funding, WorkLLama plans to further expand its team, speed up the development of its product offerings, pursue strategic acquisitions within the next year, invest in more automation, and continue expanding its market reach across North America, Europe, and the Asia Pacific region.

WorkLLama is a comprehensive suite designed to manage all aspects of talent and engage employees. The company was founded in 2016 and has expanded its staff to over 100 employees. The company now serves customers across four continents. WorkLLama's suite of solutions includes features such as talent marketing, relationship management tools, a conversational chatbot named Sofi, a crowdsourced referral engine, and dynamic talent communities.

“A customer’s number one asset is its people. This latest round of investment in WorkLLama cements our position in the market and allows us to further solve their number one challenge—access to talent and delivering on our promise to look at talent holistically,” – outlines the founder and CEO of the company, Sudhakar Maruvada. “Our platform makes it simple to find, engage, and nurture talent, leading to a superior user experience for both customers and candidates alike. This means access to engaged talent ready to work for your organization and invested in doing so.”

Modern businesses, as well as the staffing agencies that assist them, are increasingly relying on innovative methods to discover and engage with talent. As a response, WorkLLama provides the demanded solution. The company aims to facilitate the connection between talent and fulfilling job opportunities while enabling them to easily engage with brands in their desired field.

“WorkLLama helps companies leverage their own brand to create powerful candidate experiences. Existing talent channels are underperforming, and organizations are struggling to find quality talent for open roles, making workforce planning a challenge,” – comments Saleem Khaja, co-Founder and COO of WorkLLama. “This additional funding means we can continue to invest in our enterprise-grade platform, empowering customers and candidates with the proficiency they deserve and one simple, unified way to manage it all.”

WorkLLama's customers have achieved an average of 20% cost savings on external labor and a 66% reduction in time-to-hire by using the company's solutions.

February 27, 2023
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