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WorkMotion is a unified platform to let employers onboard and pay employees globally.

Workmotion makes it possible for organizations to hire team members anywhere in the world with the click of a button. A single dashboard lets employers manage their distributed workforce and automatically run payroll, all while staying fully compliant on taxes, social security, benefits, and healthcare systems.

We led WorkMotion's Series A in August 2021

Activant

XAnge

Picus Capital

Carsten Thoma

Canaan Partners

GR Capital

Seamless global employment

WorkMotion Raises $50M in Series B Funding

VCs bet on European startups building HR tech for remote work

It’s no secret that COVID has shifted the live/work paradigm. One of the grounding assumptions of knowledge work that defined the last century - that employees must live in proximity to and commute to the office - has been dismantled. Work has been decoupled from geography, which presents incredible opportunities. Employees have newfound freedom - they can live outside of urban centers, closer to family, or even bounce across countries - all while avoiding a commute. Employers now have license to hire the best talent anywhere in the world, no matter the geography.

At the same time, the information economy is facing a looming labor shortage. With digital transformation rapidly expanding in every sector of the economy, there simply aren’t enough workers within each country to fill the jobs required. In Europe this is predicted to be a 2 trillion-dollar problem. By 2030, Germany alone is predicted to have a deficit of 4.9mn workers, or an equivalent €630 billion of revenue that they may fail to generate - equal to 15% of GDP today. (

). And the European tech ecosystem is only building momentum - more than a third of all active Unicorns in Europe were minted in the first half of 2021 (

, but see more rapidly scaling companies as only compounding the labor problem.

The solution is clearly to build distributed teams and hire globally. In Europe, you might think it would be easy to hire across geographies. With only a few time zones, a central currency, and freedom of movement, it seems simple. But each country has its own labor, tax, and compliance regulation that when combined, creates a complex web that is hard for organizations to navigate, especially as they scale.

Thankfully, co-founders Carsten, Felix, and Karim saw this problem and are solving it with 

. The WorkMotion platform makes it possible for organizations to hire team members anywhere in the world with the click of a button. A single dashboard lets employers manage their distributed workforce and automatically run payroll, all while staying fully compliant on taxes, social security, benefits, and healthcare systems.

We got to know Carsten, Felix, and Karim long before they started the company. They have been leading teams across Europe their whole careers, so they deeply understand the nuances of the market and exactly what their customers need. And it’s paying off: After launching less than a year ago, they have nearly 200 organizations on the platform, including tech leaders like Zalando, Personio, and FreeNow. Their NPS scores are world-class, triple the industry average. They quickly established themselves as a leader in Germany and have recently expanded to service clients in the UK and France.

The WorkMotion team has quietly and quickly built a great example of a true European champion. We are excited to support them in their mission to close the labor gap and enable global organizations to scale with ease.

Activant is proud to announce that we have led 

 and are backing founders Carsten, Felix, and Karim on their mission to make it seamless for any organization to hire and manage remote teams across the globe. 

Investing alongside us are XAnge, Picus Capital, and leading European tech entrepreneurs, including Hybris founder Carsten Thoma, Klarna founder Victor Jacobsson, Personio founder Hanno Renner, Delivery Hero founder Niklas Östberg, and legendary sales expert & investor Carsten Maschmeyer. 

We’re also thrilled to say this is our first investment in Germany after opening our office in Berlin earlier in June.

Why We're Investing in Carsten, Felix, and Karim of WorkMotion

Seamlessly Scaling Global Teams

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WorkMotion

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Founded in 2015, Activant is a global investment firm with $1.5 B AUM that partners with high-growth founders and teams that are transforming commerce.

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Harish is providing the Amazon Prime fulfillment experience to everyone else through a combination of AI and an asset-light network of warehouses across the United States.

Alex is automating workflows for the world’s largest enterprises by using process mining to build the connective tissue for businesses.

Mayan is delivering Autonomous IT to the largest companies in the world through systems of intelligence.

Carsten built one of the largest commerce platforms in the world, which powers enterprise merchants and retailers across the globe and now serves as the SAP commerce engine.

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Activant is a research-led global investment firm that partners with high-growth companies.

We partner with founders who have won their initial battles and are ready for the next challenge.

We typically invest when two things come together. First, the company has the potential to achieve escape velocity and transform an entire industry. Second, we believe the founders can lead the company through hyper growth, and our support can significantly increase the probability of this success. 

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