Tech & Product DD | Growth | Code & Co. advises Armira on Workwise GmbH
Location
Munich/Karlsruhe
Type
Growth
Engagement
Tech & Product DD
Sector
HR & Recruiting

Code & Co. advises Armira Growth on Tech & Product Due Diligence in the growth funding (led by LEA Partners and Armira Growth) in recruiting platform Workwise

After seven years of successful operations and bootstrapping, Workwise, a Karlsruhe, Germany-based startup operating a digital recruiting marketplace and HR operating system (e.g. an SME-focused applicant tracking system) has raised €12 million ($13.2M) in a growth equity financing round.

Munich/Karlsruhe ,

Scope of work

Code & Co. provided Tech & Product Due Diligence to the investors ahead of the growth investment, compiling an in-depth analysis of the company’s cloud-first architecture, its data and integrations strategy (e.g. comprising deep integrations into hundreds of job distribution channels), security, scalability, team, and growth plans.

About Armira Growth

Munich headquartered Armira Growth is a growth equity investor focused on fast-growing technology companies. Code & Co. and Armira Growth collaborated most recently on the fund’s investment in “contact center aaS” Yoummday.

About Workwise

Founded in 2015 by Martin Trenkle and Jannik Keller, Workwise (previously, Campusjäger) provides organizations with all the important tools required to find suitable team members, combining access to channels for greater reach with an applicant management system for a better overview and more efficiency. For job seekers, Workwise simplifies the application processes and career planning through its intuitive platform.

About

Code & Co. is an independent advisory firm specialized in advising funds in the global alternative investment industry. Our expertise is modern and holistic technology and product due diligence. From outside-in audits and confirmatory due diligence to portfolio audits, exit preparation, and vendor due diligence, we provide our clients with crucial insight across the entire investment life cycle.