WorkRails
Latest round
- Seed
Last raised
- Oct 2016
Total raised
- $2.3M
Investors
- 4
About WorkRails
Founded in 2016 in Huntington, US, WorkRails, Inc. specializes in Services Configure, Price, Quote (CPQ) solutions. The company was co-founded by Jamie Proctor and Steven Schneider, with Jamie Proctor also serving as CEO.637 mn.WorkRails specializes in Services Configure, Price, Quote (CPQ) solutions aimed at streamlining the selling process of professional services. The core offering allows teams to automate the creation of customized Statements of Work (SOWs) and manage sales orders, enhancing efficiency and accuracy. By integrating services across various departments, WorkRails addresses challenges faced by SaaS companies, including the need to increase service attach rates, improve win rates, and reduce sales cycle times.WorkRails generates revenue primarily through a subscription-based model, where clients pay for access to its CPQ platform. Transactions typically occur on a B2B basis, with companies engaging WorkRails for tailored solutions. The pricing structure accommodates various client needs, allowing businesses to select packages based on size and requirements.Following its recent acquisition by BigTime Software, Inc. in November 2024, WorkRails plans to enhance its product offerings by integrating its CPQ solutions into a unified platform that encompasses project planning, resource management, financial forecasting, and sales automation. The company aims to expand its reach into new markets across Europe and Asia by 2025, leveraging the combined resources of BigTime Software to enhance its service capabilities.
Who invested in WorkRails
4 investors across 1 round
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Funding rounds
Seed
Oct 7, 2016
Amount
$2.3M
Investors
Questions about WorkRails
Who invested in WorkRails?
WorkRails has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has WorkRails raised?
WorkRails has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did WorkRails last raise money?
WorkRails's most recent round on record is a Seed, in Oct 2016.
What does WorkRails do?
Founded in 2016 in Huntington, US, WorkRails, Inc.
Where is WorkRails headquartered?
WorkRails is headquartered in Huntington, US.
Which VCs invest in companies like WorkRails?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at WorkRails's stage. Their profiles are linked below.
VCs backing software startups at Seed
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