Workhuman, co-headquartered in Dublin, Ireland, and Framingham, Massachusetts, is a global leader in human capital management (HCM) software. The company specializes in fostering employee recognition and engagement through its cloud-based platform. Its solutions aim to create more human-centered workplaces by promoting appreciation, connection, and continuous feedback among employees. With clients like LinkedIn, Cisco, and Procter & Gamble, Workhuman operates in 180 countries and supports over 30 languages.
Workhuman was founded in 1999 by Eric Mosley and Eddie Reynolds under the name Globoforce. Initially based in Dublin, the company expanded its operations to the U.S. in 2005. In 2019, it rebranded to Workhuman to reflect its mission of creating more human workplaces. Over the years, it has grown significantly, achieving unicorn status with a valuation of $1.2 billion as of 2020. The company employs around 1,000 people globally and has seen consistent double-digit revenue growth.
Workhuman has received significant backing from investors such as Atlas Venture and Balderton Capital. In 2020, Intermediate Capital Group (ICG) acquired a minority stake worth $120 million, valuing the company at $1.2 billion. This investment marked Workhuman as one of Ireland's prominent tech unicorns. With gross revenues reaching $876 million in 2021 (a 28% year-over-year increase), the company is positioned for continued growth.
Workhuman provides a suite of tools designed to enhance employee engagement:
Social Recognition: Peer-to-peer recognition programs that celebrate achievements.
Continuous Performance Management: Facilitates ongoing feedback and coaching between managers and employees.
Life Events: Acknowledges personal milestones like birthdays or work anniversaries.
Workhuman iQ: An AI-powered analytics platform offering real-time insights into employee engagement, retention risks, DEI metrics, and skill gaps.
Rewards Catalog: Offers flexible reward options such as gift cards, products, and experiences.
While there is no record of major acquisitions by Workhuman to date, the company has focused on internal innovation to expand its product offerings. For instance:
In 2024, Workhuman enhanced its AI capabilities with advanced analytics in its Workhuman iQ platform.
Recent updates include:
Generative AI-Powered Insights: Enables HR leaders to query workforce trends and recognition patterns through conversational AI.
These innovations position Workhuman as a leader in leveraging AI for HR transformation.
Workhuman's mission is to create a more human workplace where employees feel appreciated and inspired. Its core values include integrity, innovation, collaboration, empathy, and celebration. Recognized as a "Great Place to Work," 77% of employees report a positive experience compared to an industry average of 57%. The company prioritizes employee well-being through initiatives like wellness programs and professional development opportunities.
Workhuman serves approximately 7 million users across its platform globally. Its diverse user base spans industries such as technology (LinkedIn), hospitality (InterContinental Hotels Group), healthcare (Symantec), and retail (The Hershey Company). The platform has facilitated over 100 million moments of recognition worldwide.
Workhuman
By Workhuman
