# Workast

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

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.workast.io
- Total disclosed funding: $1.9M
- Latest round: Seed (Feb 15, 2018)
- Investors on record: 4

## About

Workast, Inc. is a work management platform that improves team collaboration and enhances project management efficiency through seamless integrations and customizable task management solutions.Founded in 2017 and headquartered in Santa Monica, California, Workast, Inc. specializes in project management solutions that enhance organizational productivity. The company has not undergone any significant pivots or changes in business operations since its inception. The founders, Angeli Yuson and Guillermo Gette, have prior entrepreneurial experience. In February 2018, the company successfully secured USD 1.85 mn in SEED funding, led by Greycroft Partners, with participation from Dream Incubator, Mucker Capital, and Spider Capital Partners. The total amount raised thus far is USD 1.85 mn, correlating with this funding round.Workast is a comprehensive work management platform designed to enhance team collaboration and streamline project management for businesses. Their core offerings include task delegation, project management, and meeting organization, all aimed at improving visibility and efficiency within teams. This platform allows users to create tasks directly from various applications such as Slack and Webex, integrate with over 2000 other apps, and manage projects through customizable spaces that cater to specific organizational needs. Workast supports businesses by providing features such as due dates, task assignments, email integration, and real-time progress tracking. The company's services target a diverse clientele, including over 100,000 teams globally, with significant user bases in industries such as finance, marketing, and customer support across North America, Europe, and Asia.Workast operates on a subscription-based revenue model, generating income primarily through tiered pricing plans that cater to different business needs. Clients engage in direct transactions for access to the platform, acquiring subscriptions that enable full utilization of its features, including task management and project tracking. Specific pricing plans are structured to accommodate various levels of service, allowing businesses to select the most suitable option for their requirements. The flagship offerings include integrations with popular tools like Slack and Webex, enhancing their functionality and user experience. The revenue structure is bolstered by the platform's ability to serve a wide range of industries, ensuring a steady and diversified client base.In February 2018, Workast, Inc. secured USD 1.85 mn in SEED funding, led by Greycroft Partners, which will be pivotal in supporting the company's future growth initiatives. Workast plans to enhance its platform by launching new products that improve user experience and functionality. The company is also looking to expand its market presence into Europe and Asia by the end of 2023, aiming to reach a broader audience and increase its global footprint.

## Funding rounds

- Seed, Feb 15, 2018, $1.9M — Greycroft, Dream Incubator, Mucker Capital, Spider Capital

## Investors

- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed
- Dream Incubator (https://capitalatlas.ai/funds/dream-incubator) — Seed
- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Seed
- Spider Capital (https://capitalatlas.ai/funds/spider-capital) — Seed