# Workerbase

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.workerbase.com
- Total disclosed funding: $10M
- Latest round: Series A (Sep 9, 2022)
- Investors on record: 6

## About

Workerbase GmbH specializes in enhancing manufacturing operations through its Connected Worker Platform, which digitizes workflows and integrates systems, providing vital real-time data and AI-driven support for frontline workers.Workerbase GmbH, founded in 2017, operates from Munich, Germany, and focuses on digitizing manufacturing workflows. The company was co-founded by Hamid Monadjem, Norman Hartmann, and Thorsten Krueger. Norman Hartmann serves as the CEO. The company has raised EUR 10.000 mn through a Series A funding round on September 9, 2022, led by Almaz Capital Partners, alongside other investors including Porsche Ventures and Bayern Kapital. The total capital raised to date amounts to EUR 10.000 mn, with a current valuation of EUR 32.805 mn.Workerbase offers a comprehensive Connected Worker Platform designed to optimize manufacturing operations. This low-code platform facilitates the digitization of workflows and integration of systems, delivering real-time data and AI-driven support to frontline workers. It features digital work instructions, issue management, and automated data collection, aiming to enhance operational efficiency across various industries including automotive, electronics, FMCG, and machinery manufacturing. Notable clients include thyssenkrupp Rasselstein and Porsche, with a strong presence in European and North American markets.Workerbase's revenue is primarily generated through subscription-based models, offering tiered pricing plans tailored to clients' operational needs. Their agreements provide access to a suite of applications, featuring digital ANDON systems for incident management and comprehensive analytics tools. Targeting B2B manufacturing firms, Workerbase facilitates digital transformation aimed at streamlining processes and improving productivity. Key products include an industrial smartwatch and a low-code app editor, which are essential to their business strategy and client partnerships.Following the EUR 10.000 mn Series A funding round in September 2022, Workerbase plans to leverage this capital to further develop its product offerings and support its next phase of growth. The company aims to expand its market reach, particularly targeting new regions in Europe and North America. The funding will enable the design and launch of upcoming products aligned with advanced manufacturing practices, facilitating enhanced digital transformation for clients.

## Funding rounds

- Series A, Sep 9, 2022, $10M — Almaz Capital, Bayern Kapital, Point Nine, System.One, Porsche Ventures, A-Round Capital

## Investors

- Almaz Capital (https://capitalatlas.ai/funds/almaz-capital) — Series A
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series A
- Point Nine (https://capitalatlas.ai/funds/point-nine) — Series A
- System.One (https://capitalatlas.ai/funds/system-one) — Series A
- Porsche Ventures (https://capitalatlas.ai/funds/porsche-ventures) — Series A
- A-Round Capital (https://capitalatlas.ai/funds/a-round-capital) — Series A