# awork

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/awork

- Industry: Software
- Headquarters: Hamburg, Germany
- Website: www.awork.io
- Total disclosed funding: $5.4M
- Latest round: Series A (Jan 18, 2023)
- Investors on record: 2

## About

Based in Germany, and founded in 2021, awork GmbH operates as a SaaS company that serves more than 1,500 customers with its software products. The company was founded by its CEO Tobias Hagenau, CPO Lucas Bauche, and CFO Nils Czernig. In October 2022, awork GmbH raised EUR 2 million in venture funding from re:cap Technologies GmbH.

awork GmbH offers a work management tool, which is team coordination software that enables teams to plan and organize projects with all team members. The platform also offers multiple solutions, such as team planning, agency management; developing and creating marketing strategies; digital administration; project management; and more. In addition, the company provides a mobile application for both Android and iOS users.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include premium (EUR 10.99/user/month) and enterprise (EUR 15.99/user/month).

The company plans to use the funds raised in October 2022 for sales growth, the expansion of its own product line, and to internationalize the business model initially in the direction of Benelux and Scandinavia.

## Funding rounds

- Series A, Jan 18, 2023, $5.4M — Hi Inov - Dentressangle, Swiss Post Ventures

## Investors

- Hi Inov - Dentressangle (https://capitalatlas.ai/funds/hi-inov-dentressangle) — Series A
- Swiss Post Ventures — Series A