WorkJam’s US$50 million Series D funding round

On November 22, 2022, WorkJam, the world’s leading digital frontline workplace, announced it has secured US$50 million in a Series D funding round jointly led by new investor the Fonds de solidarité FTQ and returning investor Inovia Capital, also including Blumberg Capital and new investor Demopolis Equity Partners.

WorkJam will use the new funding to expand its reach in Europe, Southeast Asia, Latin America and the U.S., fuel product innovation, and accelerate its business growth.

Workjam’s general counsel, Eva Gazurek, led the transaction.

A Fasken team composed of Peter Villani, Julien Fournier and Tristan Lalumière-Roberge advised WorkJam in connection with this transaction.

BLG represented iNovia Capital Inc. and Fonds de solidarité FTQ with a team led by Patrice Martin that included Patricia Galella, Francis Lussier, Vinay Desai, Catherine C. Beauvais and Valérie Olivier (Corporate), Vanessa Lapointe (Labour & Employment), Max Jarvie (Privacy-Tech).