Workstream · Jul 2026
Workstream said payroll ARR rose from $100K in Jan 2024 to $2M; average deal size and win rates improved, and the company emphasized payroll-first execution.
Hiring and onboarding platform for hourly workers.
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Workstream is an all-in-one HR and payroll platform built for hourly and deskless workforces, with a strong focus on restaurants and other frontline businesses. It automates hiring, onboarding, payroll, HR tasks, and workforce engagement for multi-location operators and franchise brands.
Primary product
All-in-one HR and payroll software for hourly workers (hiring, onboarding, payroll, HR automation)
Founded
2017
Headquarters
San Francisco, California, United States
Team size
51-200
Industry
Software Development
Sub-industry
HR tech / payroll / workforce management for hourly workers
Offices
Business model
Stage
Series B
Total raised
$118M
Latest round
Series B extension · Sep 2022
Latest amount
$60M
Series B (additional close / extension)
Feb 2024
Sep 2022 · Notable Capital
Aug 2021 · BOND and Coatue
May 2020 · Founders Fund
Seed
Apr 2019
Leadership
Desmond Lim
CEO & Co-Founder
Max Wang
Co-Founder & CTO
Lei Xu
Co-Founder & CPO
Denise Lim
Head of People Operations
Austin Truong
Head of Franchise Sales
Ryan Jason Mendoza
Head of Customer Support
Raymond Lim
Head of Strategy
Aaron Delgadillo
Head of Implementation
Andrew Deligero
Head of Content Marketing
Investors
Public materials emphasize speed, simplicity for hourly workers, customer obsession, and building products specifically for the deskless/hourly workforce. Recent investor updates also emphasize execution, product velocity, and a payroll-first strategy.
Compensation
Public evidence is limited. Exa-derived job data shows salary signals such as Engineering Manager around $182,994/year, Account Development Representative around $72,800/year, and Onboarding Specialist around $54,354-$55,532/year.
Pricing
Subscription/SaaS; public materials emphasize monthly subscription-based software and payroll AIO expansion, but detailed pricing is not publicly disclosed.
Differentiators
Technology
Customers
Competitors
Estimated revenue
~$10M-$25M annual revenue (public estimate; Exa surfaced annual revenue of $14.3M)
Estimated monthly visits
3.3M
Traffic estimate as of Jun 2026
Workstream · Jul 2026
Workstream said payroll ARR rose from $100K in Jan 2024 to $2M; average deal size and win rates improved, and the company emphasized payroll-first execution.
Workstream · Jul 2026
Workstream highlighted rapid payroll ARR growth, a shift to a payroll-first strategy, and new product focus areas including benefits/ACA and AI.
Workstream · Sep 2024
Workstream announced a payroll expansion, positioning the product as an all-in-one payroll solution for hourly workers.
Business Wire · Sep 2022
Workstream announced a $60M extension to its Series B, bringing total Series B financing to $108M and total funding to $118M.
PR Newswire · Aug 2021
Workstream raised $48M Series B led by BOND and Coatue, with reinvestment from Founders Fund and participation from several notable investors.
28 jobs at Workstream