# Workquest OÜ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/workquest-ou

- Industry: Financial Services
- Headquarters: Tallinn, Estonia
- Website: www.workquest.co
- Total disclosed funding: $1.2M
- Latest round: Seed (Nov 28, 2025)
- Investors on record: 6

## About

Based in Estonia, Workquest OÜ operates a decentralized job marketplace that utilizes blockchain technology to connect employers and employees globally, offering innovative solutions for job placements and interactions.Workquest OÜ, founded in 2019, is headquartered in Tallinn, Estonia. The company focuses on creating a decentralized job marketplace. In November 2025, it secured USD 1.16 mn in Seed funding from Black Dragon Capital, among other investors. The total amount raised stands at USD 1.16 mn from a single funding round to date. The founder's history is not publicly detailed.WorkQuest operates as a decentralized job marketplace that connects employers with employees globally, leveraging blockchain technology to facilitate these interactions. The platform primarily offers smart contract-enabled agreements that eliminate intermediaries, ensuring trustless transactions between parties. The intelligent matching algorithm addresses issues such as skills mismatch and fragmentation by analyzing various data points to recommend suitable job offers and candidates. WorkQuest's mobile applications provide users with the flexibility to work from anywhere, while its rating and feedback system enhances transparency and promotes honest dealings among users. The company’s offerings are designed for a wide range of participants, including freelancers, full-time employees, and businesses seeking talent, with a geographical focus that spans multiple global markets.WorkQuest generates revenue through various transaction models within its platform, including service fees associated with job placements and transaction costs related to its DeFi products. For example, employers may incur fees when utilizing the trustless escrow service to secure payments for completed work, while employees could benefit from yield-generating opportunities such as staking their tokens or utilizing the retirement accumulation program. These transactions are structured to encourage direct interactions between employers and employees, with WorkQuest facilitating the process via its smart contracts. The platform’s diverse offerings, including liquidity mining and decentralized insurance services, provide further avenues for income generation. Through its native tokens, WQT and WUSD, WorkQuest aims to create an ecosystem that rewards users for participation, thereby sustaining its revenue model.In November 2025, Workquest OÜ raised USD 1.16 mn in Seed funding led by Black Dragon Capital to support its growth initiatives. The funding will be utilized to launch its job-matching engine, expand cross-chain infrastructure, activate decentralized autonomous governance, and scale work-to-earn incentives. The company is focused on enhancing its platform offerings and plans to explore new market opportunities to broaden its geographical reach.

## Funding rounds

- Seed, Nov 28, 2025, $1.2M — Matrix Partners, Black Dragon Capital, Kyros Ventures, Chainridge, Titans Ventures, Magnus Capital

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Seed
- Black Dragon Capital (https://capitalatlas.ai/funds/black-dragon-capital) — Seed
- Kyros Ventures (https://capitalatlas.ai/funds/kyros-ventures) — Seed
- Chainridge (https://capitalatlas.ai/funds/chainridge) — Seed
- Titans Ventures (https://capitalatlas.ai/funds/titans-ventures) — Seed
- Magnus Capital (https://capitalatlas.ai/funds/magnus-capital) — Seed