# WorkTorch

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

- Industry: Software
- Headquarters: Wichita, US
- Website: www.worktorch.io
- Total disclosed funding: $2.2M
- Latest round: Seed (Nov 7, 2022)
- Investors on record: 13

## About

WorkTorch Inc. is a technology company that specializes in providing AI-driven solutions for tracking program progress, enhancing participant engagement and success across various sectors.Founded in 2020 by Angela Hall in Wichita, US, WorkTorch Inc. focuses on developing innovative tools to assist organizations in tracking and improving program outcomes. The company has raised a total of USD 2.2 mn in Seed funding, with the latest round completed on November 7, 2022. This round was led by Tenzing Capital Management, with participation from notable investors including Bloomberg Beta and Camelback Ventures. Currently, WorkTorch is not a subsidiary of any parent company, nor does it have subsidiaries.WorkTorch primarily offers the WorkTorch Pathways platform, an AI-driven program progress tracker tailored for organizations seeking to enhance their impact. This platform features customizable pathways that facilitate structured, step-by-step progress tracking, allowing users to monitor participant engagement and success in real-time. The service addresses a range of use cases, from learning and development initiatives to nonprofit impact measurement, equipping users with tools for resource sharing and communication. Key clients include nonprofit organizations, learning and development teams, and public affairs departments, indicating a diverse clientele across various sectors. The geographical markets for these services span across North America and Europe, catering to organizations aiming to improve their program execution and participant engagement.WorkTorch generates revenue primarily through a subscription-based model for its WorkTorch Pathways platform. Clients engage with the service through various pricing plans that are structured around user access and features, allowing organizations to tailor the offerings to their specific needs. This model typically involves annual or monthly subscriptions, providing organizations the flexibility to scale usage based on their program requirements. Revenue is generated through direct B2B transactions, where organizations pay for access to the platform and its tools designed to optimize program tracking and participant success. The platform's ability to provide real-time insights and customized pathways enhances its value proposition, positioning it as a critical resource for organizations focused on achieving measurable outcomes in their respective fields.In November 2022, WorkTorch Inc. raised USD 2.2 mn in Seed funding to expand its operations into new markets including Chicago, Denver, Dallas, and Atlanta. The company intends to leverage this funding to enhance its presence and further develop its product offerings, with a focus on creating new features for the WorkTorch Pathways platform that will support more diverse applications across various sectors.

## Funding rounds

- Seed, Nov 7, 2022, $2.2M — Revolution Ventures, Mid-America Angels, Bloomberg Beta, Math Venture Partners, KCRise Fund, Sandalphon Capital, Women's Capital Connection, Camelback Ventures, Sixty8 Capital, Graham & Walker, Plow Ventures, New Community Transformation Fund, GROWKS

## Investors

- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- Mid-America Angels — Seed
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed
- Math Venture Partners (https://capitalatlas.ai/funds/math-venture-partners) — Seed
- KCRise Fund (https://capitalatlas.ai/funds/kcrise-fund) — Seed
- Sandalphon Capital (https://capitalatlas.ai/funds/sandalphon-capital) — Seed
- Women's Capital Connection — Seed
- Camelback Ventures (https://capitalatlas.ai/funds/camelback-ventures) — Seed
- Sixty8 Capital (https://capitalatlas.ai/funds/sixty8-capital) — Seed
- Graham & Walker (https://capitalatlas.ai/funds/graham-walker) — Seed
- Plow Ventures (https://capitalatlas.ai/funds/plow-ventures) — Seed
- New Community Transformation Fund (https://capitalatlas.ai/funds/new-community-transformation-fund) — Seed
- GROWKS (https://capitalatlas.ai/funds/growks) — Seed