Toronto’s Dayforce, a provider of on-demand workforce management solutions, announced today that they have raised $10 Million in new VC funding led by Bridgescale Partners. The round is split into a pair of $5 million tranches, and brings total investment in the company to $20 million. Dayforce has offices in Toronto and Georgia.
As part of this investment, Howard Gwin and Rob Chaplinsky of Bridgescale Partners will join Dayforce’s Board of Directors. The investment will provide the necessary resources for Dayforce to rapidly grow its user base of industry-leading organizations.
Dayforce bridges the real-world gap between workforce performance and enterprise performance. The solution helps organizations plan, deploy and track their workforce to corporate goals in a single application.
Dayforce was named to the Top 20 Innovative Companies list at the Canadian Innovation Exchange in 2009.