Recruiting software maker Workable raises $5M in funding

Workable, a Boston startup that makes online recruiting software, said it raised $5 million in additional funding from existing investors including 83North Venture Capital and the Openfund.

Workable allows smaller companies to post to multiple jobs boards, review candidates and schedule interviews.

Based in Boston, Workable says its software “has been adopted by thousands of businesses ranging from car dealerships and health clinics to staffing agencies and tech startups,” according to a release. More than 300 new companies join every month, the company said.
“Workable is leveling the playing field in hiring, giving smaller firms the chance to compete for talent,” said CEO Nikos Moraitakis in a statement. “Our growth allows us to offer customers the same advantages of scale long enjoyed by larger organizations. With one afternoon and as little as $19, Workable users get a hiring experience that would be the envy of a major corporation.”

Workable currently has six employees in Boston and about 50 total, according toa spokeswoman for the company.

Founded in 2012, Workable has raised a total of $7.4 million in venture financing from Greylock IL (now 83North), the Openfund and angel investors.