WorkHound has announced that the company has successfully completed a fundraising seed round of $1.5 million. The capital will, in large part, be used to add to the company’s technology team headcount and support its growth deeper into the logistics space and additional industries.
The fundraising round gives the feedback platform that reduces avoidable employee turnover the capital it needs to dive deeper into the supply chain realm, while expanding into new industries.
“To date, we’ve been fortunate to fuel WorkHound growth primarily with our revenues,” said Co-Founder and CEO, Max Farrell. “But as we eye an aggressive expansion into new industries, as well as building out our transportation and supply chain presence, raising a substantial seed round became imperative for us. This capital will enable us to hire more top-notch talent who will power us into the next phase of our company.”CEO Max Farrell
WorkHound was launched in 2015 by Max Farrell and Andrew Kirpalani in Des Moines, Iowa. Today, WorkHound is a dual-office company with anchors in Des Moines, Iowa, and Chattanooga, Tenn.