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ARC Group Ventures invests in HR Start-Up Worky

Funding

ARC Group Ventures (venture capital arm of ARC Group) is pleased to announce the investment in the bridge round of Worky, a Mexico City-based HR software and payroll platform for small- and medium-sized businesses.

Founded in 2018 by Maya Dadoo, Carlos Marina and Oscar Castillo, Worky allows employers to offer benefits by providing an end-to-end enterprise-grade platform to automate employee files, PTO management, recruiting, evaluations, payroll, employee benefits, and more.

One of Mexico’s largest problems is employee retention; in certain industries, rotation can surpass 65% annually. “The software automates and analyzes human resources management and reduces turnover by 30%, improving hiring times, reassignment, incentives and costs“, said Maya Dadoo, Worky’s CEO. “We are thrilled to see how our powerful digital platform enables SMBs to offer superior benefits and improves communication between employers and employees.”

“Worky is set to revolutionize the way HR is managed at Small and Medium Companies, improving the way firms interact with their employees“, said Jesus Emilio Hoyos, Managing Partner at ARC Group Ventures.

Worky has raised to date US$ 3 Million from QED Investors and LEAP Global Partner.

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