WorkStep Raises $25M in Series B Funding


WorkStep, a San Francisco, CA-based workforce hiring and retention platform for the supply chain, raised $25m in Series B funding.

The round, which brought total capital raised to $42m, was led by NewRoad Capital Partners with participation from Prologis Ventures, FirstMark Capital, Social Capital, Quiet Capital, Latitude Ventures, and Engage VC.

The company intends to use the funds to scale its platform, grow the team and help more hourly workers find rewarding careers and employment opportunities.

Led by Dan Johnston, Co-founder and CEO, WorkStep enables organizations to hire better-fit candidates by tapping into its talent network of over a million supply chain workers. The company’s RETAIN solution equips enterprises to engage frontline workers at scale, identify the underlying drivers of turnover, and make changes to increase retention and performance. The platform is used by companies like NFI, Westrock, and Kroger.