Workrise
Latest round
- Series E
Last raised
- Feb 2021
Total raised
- $704M
Investors
- 20
About Workrise
Workrise Solutions LLC, founded in 2014 and headquartered in Austin, Texas, provides sourcing solutions specifically for the energy industry. The company's founders, Michael Witte and Xuan Yong, possess a strong background in technology and entrepreneurship.64 mn.Workrise offers a comprehensive Source-to-Pay solution designed specifically for the energy sector, enabling efficient management of non-core suppliers. Key functionalities include vendor management, onboarding, compliance tracking, payment processing, and spend visibility.Workrise generates revenue through a transaction-based model, partnering with energy companies for sourcing, onboarding, and supplier management. The services are structured on a B2B basis, designed to provide savings of 18-29% in quantifiable costs for clients.In May 2021, Workrise Technologies Inc.
Who invested in Workrise
20 investors across 7 rounds
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Funding rounds
Series E
Feb 26, 2021
Amount
$300M
Investors
Series D
Oct 4, 2019
Amount
$300M
Investors
Series C
Oct 12, 2018
Amount
$60M
Investors
Series B
Jun 8, 2018
Amount
$10M
Investors
Series B
Feb 5, 2018
Amount
$16M
Investors
Series A
Nov 11, 2015
Amount
$15M
Investors
Seed
May 9, 2014
Amount
$3M
Investors
Questions about Workrise
Who invested in Workrise?
Workrise has 20 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Workrise raised?
Workrise has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Workrise last raise money?
Workrise's most recent round on record is a Series E, in Feb 2021.
What does Workrise do?
Workrise Solutions LLC, founded in 2014 and headquartered in Austin, Texas, provides sourcing solutions specifically for the energy industry.
Where is Workrise headquartered?
Workrise is headquartered in Austin, US.
Which VCs invest in companies like Workrise?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Workrise's stage. Their profiles are linked below.
VCs backing software startups at Series E
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