SaaS workforce management platform secures £2m for international expansion

A London-based workforce management technology platform has closed a multi-million pound investment round.

Sirenium has raised £2m in a funding round led by former Tesco CEO Sir Terry Leahy alongside the William Currie Group.

Founded in 2013 by Benjamin Rubin, Joshua Pines and Ben Hizak, Sirenum provides HR tech solutions including resource management, scheduling and monitoring, as well as process payroll and invoicing.

The investment will be used to drive company growth and further international expansion, as well as accelerating new product development.

Benjamin Rubin, CEO and co-founder of Sirenum, commented: “We’re thankful to our investors for their continued support and for seeing the vision we have for Sirenum in the future.

“Our continued growth across a variety of industries, as well as new use cases that could not have been foreseen, such as that created by the new vaccination centres, highlight the unique proposition we offer.

“Moreover, we believe the flexibility of the platform to adjust to unpredictable scenarios, i.e the ability to manage rosters and staff shifts in real time and adjust for sickness or the need to isolate, further underline why there has never been a better time to invest in workforce management technology like ours.

“The pandemic has expedited the need for businesses to embrace technology across various parts of their operation, but it is the commercial opportunity for staffing agencies and other employers of shift workers looking for a competitive advantage that will truly propel the use of our technology in the future.”

Sir Terry Leahy added: “Sirenum has performed well during the pandemic exhibiting strong and sustainable growth. I am especially proud of our support for hospitals, vaccination centres, and volunteer organisations combating the pandemic.

“With the advent of the gig economy, there is no doubt Sirenum’s unique offering as a ‘gig technology platform’ with strong compliance features will make it key in the future for sectors like healthcare, logistics, and others.”