Workstream

HR platform for hiring and onboarding

San Francisco, California, United States

About Workstream

Workstream.us is a platform that helps businesses streamline their hiring and onboarding processes, particularly for hourly workers. It offers tools for applicant tracking, digital onboarding, payroll management, and employee engagement, all designed to attract and engage job candidates effectively. The platform uses artificial intelligence to automate HR tasks, allowing businesses to focus more on their employees. Workstream differentiates itself by providing a comprehensive suite of HR solutions tailored for hourly worker employment, with a subscription-based revenue model.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$114.8MTotal Funding
SERIES_BCompany Stage
Enterprise Software, AI & Machine LearningIndustries
201-500Employees

Benefits

Medical, dental, & vision
Paid counseling sessions
Competitive market compensation
Generous stock
Flexible PTO
Paid parental leave
Professional development

Risks

Emerging HR tech startups may erode Workstream's market share.
AI-driven solutions face potential biases, leading to legal and reputational risks.
Economic downturns in the restaurant industry could impact Workstream's revenue.

Differentiation

Workstream offers a comprehensive HR platform tailored for the hourly workforce.
The platform integrates AI to automate and streamline HR tasks efficiently.
Workstream's multilingual AI chatbot enhances communication for diverse workforces.

Upsides

Growing demand for AI-driven HR solutions boosts Workstream's market potential.
Mobile-first HR solutions are increasingly popular among deskless and hourly workers.
Subscription-based model provides steady revenue and upselling opportunities.