WorkLight

OutsourcingSeries BNew York, USworklight.com

Latest round

Series B

Last raised

Apr 2008

Total raised

$17M

Investors

3

About WorkLight

Founded in 2009, WorkLight is based in New York, US, and specializes in delivering pricing solutions. The company was acquired by IBM Corporation in January 2012 for USD 50 mn, marking a pivotal transition in its operational strategy.com specializes in providing pricing solutions designed to streamline the process by which clients obtain cost estimates for their services. Their core product offering allows users to fill out a form to receive a price estimate within 24 business hours, facilitated by their domain experts. This service primarily targets businesses and individuals seeking prompt financial assessments for various projects or services. The end use cases include aiding decision-making for procurement and budget planning, thereby enhancing operational efficiency for clients across different sectors.com generates revenue through its pricing service, which operates on a transactional model where clients submit requests and receive timely pricing estimates. The transactions are structured around direct interactions between the company and its clients, with a focus on delivering value through expert insights. Pricing plans are tailored to the needs of the clients, reflecting the complexity and scope of the requested services. The flagship offering, which is the expedited pricing estimate, serves as a critical tool for clients aiming to make informed financial decisions quickly.The most recent deal for WorkLight occurred on January 31, 2012, when it was acquired by IBM Corporation for USD 50 mn. Future growth strategies have not been detailed in the available information regarding upcoming products or specific market expansions.

Who invested in WorkLight

3 investors across 2 rounds

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Funding rounds

  1. Series B

    Apr 30, 2008

    Amount

    $12M

    Investors

    Locked

  2. Series A

    Sep 1, 2006

    Amount

    $5.1M

    Investors

    Locked

Questions about WorkLight

Who invested in WorkLight?

WorkLight has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has WorkLight raised?

WorkLight has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did WorkLight last raise money?

WorkLight's most recent round on record is a Series B, in Apr 2008.

What does WorkLight do?

Founded in 2009, WorkLight is based in New York, US, and specializes in delivering pricing solutions.

Where is WorkLight headquartered?

WorkLight is headquartered in New York, US.

Which VCs invest in companies like WorkLight?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back outsourcing companies at WorkLight's stage. Their profiles are linked below.

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