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Reading: Welcome Tech Secures $7.5M to Scale AI Platform for Immigrant Workers
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Payroll/Benefits

Welcome Tech Secures $7.5M to Scale AI Platform for Immigrant Workers

BusinessWire
11 months ago
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Welcome Tech Secures $7.5M to Scale AI Platform for Immigrant Workers
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Welcome Tech, the leading digital platform serving immigrant workforces and the employers who rely on them, today announced the close of a $7.5 million funding round. The capital will accelerate the development of Welcome Tech’s proprietary AI infrastructure and expand its workforce engagement platform, which connects immigrant workers to essential services – including jobs, healthcare, and financial tools – at the highest quality and lowest cost.

This funding milestone follows a breakout year for the company. In the last 12 months, Welcome Tech has:

  • Tripled its enterprise partnerships
  • Achieved over 200% year-over-year revenue growth in its subscription business
  • Grown to over 4.5 million registered members, making it the most trusted digital platform for immigrant households in the U.S.

“This quarter has marked a meaningful turning point – from closing a highly successful capital raise to launching strategic enterprise partnerships that are now fueling thousands of new subscriber enrollments,” said Amir Hemmat, Co-Founder and CEO of Welcome Tech. “This new funding positions us to reach profitability, scale partnerships, and deliver digital-first solutions that unlock economic access for the immigrant workforce that powers our country.”

Backed by Mission-Aligned Capital

The $7.5M round was led by institutional investors focused on innovation and impact, including: TTV Capital, Mubadala Capital, Westbound Equity Partners, CityRock Ventures Partners, Next Legacy Partners, and BTN Ventures.

“Welcome Tech combines strong business fundamentals with a powerful social impact,” said Oliver Libby, Managing Partner at CityRock Ventures. “We believe in their platform and its ability to transform this vital part of the labor market and deliver meaningful solutions to help literally millions of hard workers and their employers across some of the most crucial sectors in the American economy.”

Scaling Across Workforce-Critical Sectors

Welcome Tech’s platform is being rapidly adopted across industries experiencing acute labor shortages—including hospitality, construction, logistics, manufacturing, and financial services. Enterprise partners such as Harri.com, Esusu, Stark Carpet, Instant Financial, and Enstructure are leveraging the platform to recruit eligible workers, offer culturally relevant benefits, and improve workforce retention.

“TTV Capital invests in companies solving real-world problems – and Welcome Tech is doing just that with a platform that is purpose-built for immigrants. The team has built a powerful, tech-forward solution that aligns directly with our thesis around inclusive financial innovation. We are proud to support Amir and the team as they scale this next phase of growth,” said Gardiner Garrard, Co-Founder and Managing Partner, TTV Capital

AI-Powered Access and Personalization

The newly raised capital will support the expansion of Welcome Tech’s AI capabilities. These include automating onboarding, personalizing multi-language service delivery, and intelligently matching members to job and benefit opportunities – enhancing access, reducing cost, and delivering best-in-class user experiences at scale.

“Westbound backs founders solving hard problems in overlooked markets – and Welcome Tech is a standout example. Amir’s and Raul’s vision for building infrastructure that supports underserved workforces is both socially urgent and commercially smart. We are thrilled to support this next chapter,” said Will Bumpus, Partner, Westbound Equity Partners

“Welcome Tech is building an amazing platform serving communities of great need and capacity that have historically been overlooked,” said BTN Ventures general partner Sean Sebastian. “We’re privileged to be part of their journey enabling millions of immigrant families to fully realize their piece of the American dream.”

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TAGGED:funding roundHR techHR Tech Articleshr tech newsHR technologyHuman Resource Current UpdatesHuman Resource TrendsWelcome Tech
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