# WorkGrounds

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

- Industry: Software
- Headquarters: New York, US
- Website: www.workgrounds.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Nov 1, 2024)
- Investors on record: 3

## About

Founded in 2024 by Garrett Ullom and Nikhil Sethi, Workgrounds specializes in automated group travel booking solutions. In November 2024, Workgrounds raised USD 2.6 million in pre-seed funding from Oceans Ventures, Hannah Grey, Volo Ventures, and deftly.vc, with participation from individual and other investors. Some of the firm’s customers include Revenue Cat, Elevate, Vida, Turnstile, etc.

Workgrounds provides a comprehensive platform designed to streamline the process of booking hotel accommodations for group travel. By leveraging automated Request for Proposals (RFPs), the platform allows teams to receive offers from multiple hotels without the necessity of phone calls. The core service focuses on offering substantial savings on group travel, with documented average savings of 31% for its users, who include corporate teams and organizations seeking efficient travel solutions. Workgrounds aims to simplify the booking experience by bringing together trip organizers, decision-makers, and guests within a single platform, facilitating collaboration and enhancing overall travel management. 

Workgrounds operates on a transactional model that capitalizes on its automated booking services for group travel, primarily engaging with corporate clients. The revenue is generated through a fee structure associated with the successful booking of hotel accommodations via the platform. 

The company intends to use the November 2024 funding to support its development initiatives and expanding its work operations. Workgrounds is also targeting expansion into major urban markets in Europe and Asia, seeking to establish a presence in cities like London and Singapore by 2026.

## Funding rounds

- Seed, Nov 1, 2024, $2.6M — Oceans Ventures, Volo Ventures, deftly.vc

## Investors

- Oceans Ventures (https://capitalatlas.ai/funds/oceans-ventures) — Seed
- Volo Ventures (https://capitalatlas.ai/funds/volo-ventures) — Seed
- deftly.vc (https://capitalatlas.ai/funds/deftly-vc) — Seed