Workablerevenue & funding

Applicant Tracking Systems (ATS)Boston, MassachusettsFounded 2012CEO Nikos Moraitakis

Workable is a pure-play SaaS recruiting platform founded in 2012 that helps employers find, evaluate, and manage the hiring process.

workable.com LinkedInUpdated Oct 7, 2026

Annual revenue: $69.5M; Oct 2024EST
Latka List: #112; of 1,301 interviewed companiesEST
Total raised: $83.9M; 5 rounds
Employees: 400; 2026EST
Customers: 20K

Workable revenue

Workable's last reported revenue was $20M in 2018 (Nikos Moraitakis on camera; end of 2018). GetLatka estimates it at about $69.5M a year (October 2024). Workable is #112 on the Latka List. The list ranks the 1,301 companies Nathan Latka has interviewed by revenue.

$20M

$40M

$60M

–

$20M

$30M

–

$50.1M

$69.5M

2012…2013–17201820192020–2220232024

ReportedEstimateFounded 2012 at $0; every reading has its own bar

All 4 revenue readings, with sources

As of	Revenue	Source
2018	$20M	Nikos Moraitakis on cameraWatch at 3:49end of 2018
Sep 2019	$30M	–
Dec 2023	$50.1MEST	GetLatka estimate
Oct 2024	$69.5MEST	GetLatka estimate

– source not recorded

Workable funding rounds & investors

Workable has raised $83.9M across five rounds since 2013. The latest was a $50M Series C in November 2018, led by Zouk Capital.

Date	Round	Raised	Led by	Source
Nov 2018	Series C	$50M	Zouk Capital	finsmes.com
Sep 2015	Funding round	$27M		–
Feb 2015	Funding round	$5M		–
Mar 2014	Funding round	$1.5M		–
Jan 2013	Funding round	$412.9K		–
	Total raised	$83.9M

Interviews with Nikos Moraitakis

Nathan Latka has interviewed Workable once, speaking with Nikos Moraitakis. Each figure links to the second it was said.

Watch

September 2019 · Nikos Moraitakis, Co-Founder and CEO

How Workable Reached 20,000 Customers and 60% Growth After Ending 2018 Slightly Below a $20M Run Rate (Interview with CEO Nikos Moraitakis)

RevenueSlightly below $20M run rate (end of 2018)Watch at 3:49
Gross margin87%Watch at 16:07
Customers20,000Watch at 0:55
Average contractSlightly above $10K per yearWatch at 1:52
Net revenue retentionAbove 100% for annual customers (about 85% for small monthly customers)Watch at 12:32
CAC payback (months)6 months for small customers (his words: six or seven; twelve to fourteen for bigger customers)Watch at 12:57
+4 more

Read the interview Watch

Growth tactics they described: Blog ContentWatch at 13:15Organic SEOWatch at 13:15

Workable competitors

Workable competes most directly with Zoho, BambooHR, Greenhouse, JazzHR and 1 other.

Company	Revenue	Funding	Employees	Customers	Founded
Zoho	$1.5B	$7.3M	24K	250K	1996
BambooHR	$274M	–	1,627	26K	2008
Greenhouse	$236.5M	$94.6M	935	3.5K	2012
JazzHR	$192.1M	$24.6M	119	7K	2009
SmartRecruiters	$71M	$225M	690	600	2010
Workable	$69.5M	$83.9M	400	20K	2012

Workable CEO, founders & employees

Spyros Magiatis and Des Traynor founded Workable in 2012. Nikos Moraitakis is CEO. Workable has 400 employees (2026, LinkedIn estimate).

Nikos MoraitakisCEO
1 interview
Des TraynorCo-founder & Investor
Spyros MagiatisFounder, Chief Technology Officer
Elsa SahnasVP of Finance

BoardDaniel Waterhouse, Laurel Bowden

InvestorsJames Wise, Eoghan McCabe, Patrick Norris, Marco Veremis

Work emails for 3 people at WorkableVerified addresses, available to GetLatka members.

200

400

239

300

256

324

373

383

413

–

400

201820192020202120222023202420252026

ReportedEstimateOne figure per year; a reported figure wins over an estimate

All 15 headcount readings, with sources

As of	Employees	Source
2026	400EST	LinkedIn estimate
Oct 2024	413	LinkedIn
Dec 2023	383	LinkedIn
Sep 2023	383	–
Jul 2023	330	–
2023	372	–
Dec 2022	373	LinkedIn
2022	361	–
Dec 2021	324	LinkedIn
Aug 2021	299	–
Dec 2020	256	–
Jun 2020	298	–
Sep 2019	300	Nikos Moraitakis on cameraWatch at 8:54
Dec 2018	239	–
May 2018	170	–

Workable FAQ

What is Workable's revenue?

GetLatka estimates Workable's revenue at about $69.5M a year (October 2024). The last reported figure was $20M in 2018 (end of 2018), as Nikos Moraitakis said on camera.

How much funding has Workable raised?

Workable has raised $83.9M across five funding rounds. The latest was a $50M Series C in November 2018, led by Zouk Capital.

Who owns Workable?

Workable is privately held. Its lead investors include Zouk Capital.

How many employees does Workable have?

LinkedIn estimates Workable's headcount at about 400 (2026).

Who is the CEO of Workable?

Nikos Moraitakis is the CEO of Workable. Nathan Latka interviewed Nikos Moraitakis in September 2019.

Who founded Workable?

Spyros Magiatis and Des Traynor founded Workable in 2012.

How this page is sourced

12 said on camera · 5 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice. The Latka List ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 7, 2026Data disclaimer Report a correction Claim this profile