Worky

Worky is an all-in-one cloud-based HR and payroll software platform designed for small and medium-sized businesses in Mexico, particularly those managing large operational or blue-collar workforces. Founded in 2018 by Maya Dadoo and Carlos Marina, the company is headquartered in Mexico City and has raised $9 million in total funding, including a $6 million Series A round in May 2024 led by Atlántico with participation from ADP Ventures, following a $3 million seed round in 2020 led by QED Investors. Worky serves over 40,000 users across Mexico, primarily in industries with high-volume operational needs such as manufacturing, logistics, retail, food and beverage, and financial services. The platform automates core HR functions including employee directory management, time and attendance tracking, PTO management, recruiting, evaluations, and onboarding. In 2022, Worky launched its proprietary payroll engine, marketed as Mexico's first cloud-native payroll solution with real-time calculation capabilities. The system is designed to ensure full compliance with Mexican labor regulations including SAT tax requirements, IMSS social security obligations, and the outsourcing law reforms enacted in recent years. The company markets its solution as guaranteeing zero-fine payroll through precise adherence to complex local regulations. Beyond administrative tools, Worky incorporates embedded financial services that allow employees to access payroll advances, insurance products, and savings plans through the platform. The company focuses on addressing Mexico's significant employee turnover challenges, with the platform reportedly reducing turnover by 30% within three months of implementation and increasing average employee tenure by 12 months. Worky operates a SaaS business model with tiered pricing based on modules, and continues to expand its technology capabilities including AI-enhanced dashboards for decision-making while exploring regional expansion opportunities throughout Latin America.