Worksome
- Company typePrivate
- Founded2017
- HeadquartersCopenhagen, Denmark
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Worksome firmographics
Firmographics- Name
- Worksome
- Legal name
- Worksome ApS
- Website
- https://worksome.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Worksome industry classification
Industry- Product category
- Freelance Management System (External Workforce Management Software)
- NAICS
- Payroll Services (541214), Computer Systems Design and Related Services (54151), Employment Services (5613)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Enterprise Work Management & Collaborative Workflow Platforms (HDAEAHAI)
- akta.pro secondary industries
- Employer of Record (EOR) & Global Payroll (FSAMAKAB), International Payroll & Contractor Payments (FSAMAIAC), Payroll Outsourcing & Pay Administration (Multi-country/Managed Payroll) (BPACAKAD), Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA)
Keywords
Where Worksome is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices3 records
Markets served
Worksome business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform Fees: Charged as a percentage of the Booking Fee for all engagements. Covers access to the platform and core services including sourcing, classification, contracting, and payment facilitation.
- Implementation & Onboarding Fee: One-time fee for platform setup, account configuration, implementation support, and product training.
- Marketplace Fee: Charged for engagements with Workers sourced from Worksome's Marketplace, applicable for the duration of the Marketplace Attribution Period.
- Employment Costs: Federal, state, and local statutory employment costs charged when Worksome serves as employer of record. Includes payroll taxes, benefits administration, and compliance costs. Variable by location.
- Staffing Agency Fee: Fees for assignments facilitated through staffing agencies invited to the platform, based on agreed rates between the company and the staffing agency.
- Background Screening Services: Fees for comprehensive background checks and pre-employment screening services provided through the platform.
- Worker Platform Fee: Platform fee charged to Workers for all engagements contracted through the platform, deducted from each invoice.
- Prepayment Service (Worksome Prepay): Early payment to Workers ahead of receiving payment from Company, subject to a variable Prepayment Fee. Also offers InstaPay for Workers to request upfront payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Implementation & Onboarding - One-time setup fee |
| Subscription | Monthly | Platform Fee - Percentage of Booking Fee |
| Transaction based/ take rate | Monthly | Marketplace Fee - Percentage of Booking Fee |
| Usage-based | Monthly | Employment Costs - Location-based statutory costs |
| Transaction based/ take rate | Monthly | Staffing Agency Fee - Negotiated rates |
| Unit Pricing | Pay-as-you-go | Background Screening - Variable by check type |
| Subscription | Annual | Enterprise - High-volume contingent workforce management |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels11 records
Worksome product offering
Product offeringCore offering
Worksome provides an AI-enabled External Workforce Platform that lets enterprises source, engage, classify, and pay external talent (freelancers and contractors) through a single system. The platform combines a Freelance Management System with Worksome Intelligence (an AI engine), omni-channel sourcing, automated compliance across 150+ countries, and integrated Employer of Record (EOR) and Agent of Record (AOR) services for global payments.
Product overview
Worksome is an AI-native vendor-neutral Freelance Management System offered as a unified external workforce platform with multiple integrated modules. The core platform combines Freelance Management System with Worksome Intelligence (AI engine), Omni-Channel Sourcing, Compliance & Contracting, Payments, and Data & Reporting. Additional add-on modules include Global EOR (Employer of Record) and Global AOR (Agent of Record) services for hiring employees and managing contractors across 150+ countries, with regional variants for US, UK, and Denmark. Worksome Classify provides worker classification tools for compliance across different jurisdictions.
Differentiator
Problem solved
Functional benefit
Brands
- Worksome Intelligence: AI engine that analyzes entire ecosystem to surface hidden insights, optimize spend, and eliminate friction
- Worksome Classify
Products and services
- Freelance Management System (External Workforce Platform) End-to-end AI-enabled platform that lets enterprises run their entire external workforce program, from sourcing and classification to contracting and payment, in a single system with built-in compliance across 150+ countries.
- Worksome Intelligence AI engine that analyzes the entire external workforce ecosystem to surface hidden insights, optimize spend, and eliminate friction before it reaches the user's desk; powers predictive analytics and admin automation across the platform.
- Global Employer of Record (EOR) Enables hiring full-time employees in 150+ countries without setting up local entities, handling local legalities, benefits, and payroll on the customer's behalf; offered with regional variants for the US, UK, and Denmark.
- Global Agent of Record (AOR) Service that acts as the agent of record for independent contractors globally, providing streamlined contractor management, automated compliance, and indemnity across the customer's global talent network.
- Worksome Classify Worker classification tool that generates Status Determination Statements for UK IR35, classifies US workers as W-2 or 1099, and provides global classification recommendations with indemnification against misclassification claims.
- Omni-Channel Sourcing Centralizes talent sourcing across staffing agencies, third-party platforms, and the customer's private talent pool, using AI to perform instant project-to-talent mapping across the entire ecosystem.
- Compliance & Contracting Provides worker classification, indemnification, and audit support in 150+ countries with built-in automated compliance and immediate contract generation across timezones.
- Payments (Global Payouts) Pays workers in 150+ countries with automated navigation of local banking rails, cross-border regulations, and real-time currency optimization, supported by Stripe integration and Worksome Prepay / InstaPay early-payment options.
- Data & Reporting System of record for budgeting, audit documentation, external worker data, and analytics providing 100% visibility into contingent workforce spend for finance, procurement, and HR teams.
- Background Screening Services Comprehensive background checks and pre-employment screening services available through the platform, with variable pricing by check type.
Quantifiable outcome
- Most enterprises save 10-25% of their contingent spend
- +3 more outcomes
Companies that use Worksome
Customer profileNamed customers11 records
Segments10 records
Ideal customer profiles5 records
Worksome technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature6 records
Worksome partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Talent MarketplacescorePartnership ecosystem targeting talent marketplaces that can integrate with or distribute Worksome's external workforce platform to their existing user bases.
- Staffing AgenciescoreStaffing agencies invited by companies can create Staffing Agency Accounts on the platform to manage their recruited contingent workforce portfolio. Agencies receive payment through the platform for their services.
- Technology EcosystemcoreTechnology integration partnerships enabling interoperability with other workforce management and enterprise systems. API available at docs.worksome.com for authorized integrations.
- Managed Service Providers (MSPs)corePartnerships with MSPs who manage contingent workforce programs on behalf of client organizations and can leverage Worksome's platform for compliant workforce engagement.
- ConsultantsminorPartnerships with consultants who advise organizations on contingent workforce strategies and can recommend or implement Worksome's platform solutions.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Worksome competitors and assessment
Company assessmentDirect peers
- SAP Fieldglass: SAP Fieldglass is the leading legacy Vendor Management System (VMS) and Freelance Management System serving large enterprises with contingent workforce programs. It directly competes with Worksome in the FEMS category for enterprise buyers and is the incumbent Worksome most often replaces or competes against in evaluations.
- Workday VNDLY: Workday acquired VNDLY to extend its HCM suite into freelance and contingent workforce management. VNDLY's project-based talent management capabilities overlap directly with Worksome's FEMS, particularly for enterprises already on Workday looking to consolidate vendors.
- Beeline: Beeline is a long-standing VMS and extended workforce management platform with deep MSP program capabilities. It competes with Worksome for enterprise contingent workforce spend visibility and compliance, particularly with large global enterprises running MSP programs.
- Magnit: Magnit (formerly IQNavigator) is a leading vendor-neutral MSP and contingent workforce management platform. Its integrated approach to sourcing, compliance, and analytics directly mirrors Worksome's vendor-neutral FEMS positioning, making it a close competitor in enterprise deals.
- Deel: Deel is a global EOR and contractor management platform that has rapidly expanded into broader workforce management. Its contractor onboarding, payments, and classification capabilities overlap significantly with Worksome's AOR/EOR services and pose a direct threat particularly in international contractor engagement.
- Globalization Partners: Globalization Partners is a global EOR specialist with owned entity infrastructure in 180+ countries. It competes with Worksome's EOR offering for enterprises hiring international full-time employees and contractors compliantly without setting up local entities.
Emerging players
- Remote: Remote is a fast-growing EOR and global payroll platform that has expanded into contractor management and HRIS-adjacent capabilities. It competes with Worksome's AOR/EOR services, particularly with mid-market and scale-up buyers that value Remote's owned-entity approach.
- Multiplier: Multiplier is an EOR and contractor management platform targeting SMBs and mid-market employers expanding internationally. It overlaps with Worksome's international contractor onboarding and payments use cases, though it has a narrower enterprise footprint.
Broad incumbents
- ADP: ADP is the dominant global payroll and HCM provider with enterprise workforce management capabilities including contingent workforce programs through ADP Workforce Now and Vantagepoint. As a broad incumbent, it competes with Worksome by bundling workforce management into enterprise payroll contracts.
- Workday: Workday is a leading enterprise HCM and financial management cloud platform that has built out contingent workforce management via VNDLY and broader workforce planning capabilities. As an incumbent suite vendor, it competes with Worksome when enterprises consolidate workforce tooling onto a single platform.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Worksome social profiles
Digital presenceWorksome financial estimates
Financial estimateRevenue estimate
Valuation estimate
Worksome leadership team
Management profileNumber of profiles
Profiles4 records
Worksome funding detail
Funding detailFunding overview
Funding rounds5 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Worksome M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Worksome
What does Worksome do?
Worksome provides an AI-enabled External Workforce Platform that lets enterprises source, engage, classify, and pay external talent (freelancers and contractors) through a single system. The platform combines a Freelance Management System with Worksome Intelligence (an AI engine), omni-channel sourcing, automated compliance across 150+ countries, and integrated Employer of Record (EOR) and Agent of Record (AOR) services for global payments.
Is Worksome a public or private company?
Worksome is a private company. It is classified as venture growth investor backed and is currently operating.
When was Worksome founded?
Worksome was founded in 2017. It employs 51 to 100 people.
Where is Worksome based?
Worksome is headquartered in Copenhagen, Denmark, in the Europe region.
How does Worksome make money?
Eight revenue lines are on record. Platform Fees are the primary driver. The others are implementation & Onboarding Fee, marketplace Fee, employment Costs, staffing Agency Fee, background Screening Services, worker Platform Fee and prepayment Service (Worksome Prepay).
Who are Worksome's main competitors?
Direct peers on record are SAP Fieldglass, Workday VNDLY, Beeline, Magnit, Deel and Globalization Partners. Emerging players are Remote and Multiplier. Broad incumbents are ADP and Workday.
Does Worksome have an API?
Yes. Worksome provides a web-based API that enables programmatic access to the platform, systems, and data. The API Documentation is available at https://docs.worksome.com/. API access requires obtaining an API Key through the registration process. The license permits use of the API solely for internal business purposes in developing applications that communicate and interoperate with the Worksome platform, and to display Worksome Marks in compliance with usage guidelines. Worksome may provide support services for the API at its sole discretion and may update or modify the API from time to time. Developer documentation is at docs.worksome.com.
What industry is Worksome in?
Worksome's product category is Freelance Management System (External Workforce Management Software). Its primary akta.pro industry code is HDAEAHAI, Enterprise Work Management & Collaborative Workflow Platforms, with a secondary code of FSAMAKAB, Employer of Record (EOR) & Global Payroll. Its NAICS code is 541214 and its SIC code is 7370.