Munich Startup
Workerhero expands Series A

Workerhero expands Series A

Regina Bruckschlögl

Regina Bruckschlögl

In July, Workerhero already announced the closing of its Series A of €4 million. The round was led by Mediahuis Ventures, and existing investors, including 10x Founders and Bonsai Partners, also participated. Bayern Kapital is now also joining and raising Workerhero’s Series A to €4.6 million.

September 16, 2024

2 min. read time

Workerhero was founded in 2021 by Richard Fischer, Steven Miller, Michael König, and Emanuel Wernitz to address the skilled labor shortage. Using AI-powered sourcing and matching, the platform aims to bring companies together with suitable candidates. According to company information, over 70,000 user profiles can currently be found on the platform. Well-known companies such as Deutsche Telekom, Hellofresh, and Baywa recruit with the help of the Munich-based company.

Workerhero aims to solve labor shortage in Europe

The now-expanded financing round of €4.6 million – in July it was still €4 million – is intended to enable the Munich startup to continue scaling and tap into new sectors. An upgrade to a new platform version should further simplify recruiting and job searching for users. The updated version also offers improved design and extended features, including advanced AI tools.

In addition, Workerhero wants to focus on international recruitment to support companies in hiring skilled workers from abroad.

Regarding the successful Series A round, Richard Fischer, CEO and co-founder of Workerhero, already stated in July:

“We want to solve the labor shortage in Europe by supporting companies in their search for skilled workers both domestically and from abroad. With the support of Mediahuis and our existing investors, we are well positioned to realize our vision.”

“A win-win situation for all parties involved”

And Bayern Kapital commented on the expanded round on LinkedIn as follows:

“WorkerHero’s technology creates a win-win situation for all parties involved: companies benefit from more efficient and successful recruitment, candidates benefit from a better candidate experience, and society benefits from a stronger economy. That’s why we support the team around Michael König, Emanuel Wernitz, Steven Miller, and Richard Fischer in further developing their company.”

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