Guess who's in for some congratulations? It's Singapore-based Workmate! They've just gotten acquired in an eight-figure deal by Japan's PERSOL Asia Pacific.

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👋🏼 Who are they?

Workmate makes finding and managing reliable blue-collar talent easy with their all-in-one platform.

• They're active in Indonesia and Thailand.

In numbers:

• Founded in 2016, Workmate's last funding round was a $5.2M Series A in 2019.
• They also landed a $10M loan in 2021.
• They've helped over 120,000 frontline workers find work and over 800 companies solve their challenges in building a reliable blue-collar workforce.

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🧐 How Workmate works

Find the right talent. Access a pre-vetted pool of reliable workers for short and long-term contractual work.

• Their AI and proprietary data allows them to find top talent, recommend the right matches and optimize for higher attendance rates, worker retention and productivity.

Manage it all (without hating it). We know overseeing entire blue-collar teams is tough! They have software tools and features to make everything part easy.

• Manage your entire workforce in one place (full-time, temporary, outsourced) — including hiring, shift scheduling, and even time and attendance tracking.
• Get an app for supervisors to manage their teams, while workers get an app to receive company updates, view shifts and more.

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🤨 Who's the buyer?

PERSOL runs a regional group of companies focused on HR services, covering everything from placing temporary and permanent staff to outsourcing and career transition support.

• They were founded in 1973 and are listed on the Tokyo Stock Exchange.

Don't underestimate. This isn't their first acquisition. They've acquired several traditional firms, including Australia's Programmed Maintenance, for around $600M.

It isn't their first tech investment either — they joined in on Career platform Glints' $50M Series D (after leading their Series C), mental health startup Intellect's Series A and WorkIndia's last round.

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🤩 What's next?

While Workmate will run independently after the acquisition, the deal will allow Workmate to double down on their tech and sales, as well as launch in new markets faster.

• They're set to launch in Singapore this month!