Workforce management platform Voilà! secures $13.75 Mn in a Series A funding
EntrepreneurshipFunding & InvestmentStartups#HRTech
Workforce management cloud platform Voilà! announced it has closed $13.75M CAD Series A funding. The investment round was led by Walter Ventures, with participation from Desjardins Capital and Investissement Quebec.
Telegraph Hill Capital, Panache Ventures, Fondaction, Investissements Norco, and the American firm Azure Capital also participated in the funding round.
The latest cash injection will allow Voila! to invest further in their product offerings and talent team, which will help in their mission to combat businesses’ labour shortage, according to the company.
"We are thrilled to partner with Voilà! and support a seasoned team that has optimised the deployment and automation of workforce management in complex industries and plans to continue to innovate to shape the future of workforce management,” said Isabelle Somers, Managing Director at Walter Ventures.
Voilà! Was founded in 2016 by Martin Ouellet, who previously founded Taleo, an HR recruitment software in 2000.
The six-year-old firm delivers workforce optimisation tools to simplify schedule management, staff replacements and time and attendance tracking. The platform also leverages increased workforce mobility to enable managers to fill as many work shifts as possible.
“This funding will allow us to accelerate the company's growth in the United States and Canada. We are very grateful for the continued support of recognised local institutions Desjardins Capital and Investissement Québec, who have believed in our company mission,” said Martin Ouellet.
He added that the company expects to create more than 50 additional jobs in software and business development within the next two years.