Novel's venture capital arm has taken part in a funding round for the employee management app developer that included Lerer Hippeau Ventures, Founder Collective and Blumberg Capital.
Canada-based employee engagement platform developer WorkJam has secured $12m from investors including Novel TMT Ventures, the venture capital fund owned by telecommunications company Novel Group.
Venture capital funds Lerer Hippeau Ventures and Founder Collective, and VC firm Blumberg Capital also participated in the round along with WorkJam’s management team.
WorkJam has developed a mobile platform that helps businesses manage their hourly employees in industries such as retail, healthcare, hospitality, manufacturing and distribution.
The platform incorporates tools including training, communication, shift…