ADP Ventures participated in the round led by the Brazil-based firm Atlántico, according to FinSMEs.

Worky, which was founded in 2018 by Maya Dadoo and Carlos Marina, intends to revolutionize the hiring, managing, and compensation processes used by businesses. It focuses especially on the often-overlooked operative labor sector. Worky is committed to servicing Latin America, beginning with Mexico, where the labor and economic productivity of the 20 million SME employees is greatly impacted by the yearly job changes that account for almost 60% of the workforce.

The company plans to use the money to fortify the workforce, increase sales and marketing initiatives, and expedite product development. It introduced Worky Payroll, the first cloud-native payroll system in Mexico, combined with a shift management module in 2022. Worky's real-time payroll solution facilitates the integration of personnel operations with revenue variability procedures, such as commissions and bonuses, therefore improving compliance and efficiency.

"This funding round marks a significant milestone for Worky as we continue our mission to revolutionize HR and payroll management in Latin America," said Maya Dadoo, co-founder of Worky. We are in a strong position to spur more innovation and growth with the backing of Atlántico and ADP Ventures, enabling companies to optimize their processes and spur expansion.

With this most recent financing, Worky, which already provides services to over 40,000 users in Mexico, is well-positioned to solidify its leadership in payroll and HR solutions in the country.