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Workstep

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Hire & retain your industrial hourly workforce | WorkStep

San Francisco, United StatesFounded 2017Other B2B Software
Valuation $100–500M Latest valuation · 2022
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Workstep and the history behind them.

About Workstep

WorkStep is a startup that specializes in employee engagement solutions, specifically tailored for frontline workers. The company operates in the human resources (HR) technology market, providing tools that help organizations reduce employee turnover, increase productivity, and enhance overall workforce engagement.

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WorkStep serves a diverse range of clients, primarily focusing on businesses that employ a large number of hourly workers. These clients span various industries, including manufacturing, logistics, and retail. The platform is designed to bring HR and Operations teams together, enabling them to gather real-time feedback from employees at critical moments in their employment journey. This feedback is captured through expert-backed surveys, which are crafted to ask the right questions at the right time, providing actionable insights for business leaders.

The business model of WorkStep revolves around a subscription-based service. Companies pay for access to the platform, which includes continuous listening tools, workforce engagement tracking, and metrics to identify high-performing leaders and teams. By leveraging these tools, businesses can make informed decisions that drive better outcomes, such as reduced turnover and increased productivity.

WorkStep makes money through these subscription fees, which are likely tiered based on the size of the organization and the specific features they need. Additionally, the platform offers a talent network for job seekers, matching them with companies that are actively hiring for their skillset. This feature not only helps job seekers find better opportunities but also ensures that employers have access to a pool of qualified candidates.

In terms of data security, WorkStep employs robust measures to protect user data. This includes encryption protocols for data in transit and at rest, as well as comprehensive control over security policies through Single Sign-On (SSO), Role-Based Access Control (RBAC), and SCIM user provisioning. The platform also ensures high availability and minimal downtime through advanced backup and recovery configurations.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
San Francisco, United States
Employees
45
Open positions
None listed
Dealroom signal
63.0/100
Industry
Jobs Recruitment, Enterprise Software
Sector
Other B2B Software
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Apr 2025
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning Workstep.

See all news

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Apr 2026 $0 Learning Pool
SERIES BEquity / VC Jan 2022 $25M $100M FirstMark · Engage Ventures · Social Capital · Quiet Capital
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
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Growth signals

Workstep website traffic

Latest recorded traffic for Workstep is 63K monthly website visits, down 7.4% over the last three months. Workstep's team declined 21.1% over the past year.

Latest monthly visits63K 3-month web change-7.4% 1-year team growth-21.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A4 investors entered at this stage

  • NewRoad Capital Partners
  • Engage Ventures
  • Social Capital
  • Latitude Ventures

Other known investors2 additional known investors

  • Learning Pool
  • Tech Square Ventures
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Workstep on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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