# Wurkforce

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

- Industry: Software
- Headquarters: Denver, US
- Website: www.enjoywurk.com
- Total disclosed funding: $6.6M
- Latest round: Series A (Apr 22, 2021)
- Investors on record: 7

## About

Wurkforce, Inc. delivers specialized payroll and HR solutions for regulated sectors, including cannabis, gaming, and healthcare, enhancing compliance and operational efficiency through a unified platform.Founded in 2016 in Denver, US, Wurkforce, Inc. provides payroll and HR solutions tailored to regulated industries. The company has raised USD 3.5 mn in a SERIES A funding round on April 22, 2021, led by Wurk Investment Partnership LLC with participation from other investors, including ArcView Group and Poseidon Asset Management. The founders, Fábio Rocha, Keegan Peterson, and Wurk Guyana, established the company with a commitment to meet the specific needs of businesses in compliance-heavy sectors.Würk specializes in comprehensive payroll and HR solutions for highly regulated industries such as cannabis, gaming, and healthcare. Their services include managed payroll, employee record management, benefits administration, compliance management, and workforce analytics. By offering an integrated platform, Würk facilitates streamlined HR processes, from recruiting through retirement, catering to businesses of all sizes throughout the United States, particularly in states with strict compliance requirements like California, Colorado, and Illinois.Würk generates revenue through subscription-based models for its managed payroll and HR services. Clients typically engage in annual contracts, receiving ongoing support and updates to navigate evolving regulations. The company employs a tiered pricing structure, catering to both small businesses and larger multi-state operators, with flagship offerings that include precise payroll processing and tax filings essential for compliance in regulated sectors.Following the recent fundraising of USD 3.5 mn in April 2021, Wurkforce plans to enhance product integration capabilities and improve customer support to elevate its service offering. The company will also invest in training programs to increase employee expertise. Future expansions are expected to target new geographic regions, with specific markets being assessed for growth opportunities.

## Funding rounds

- Series A, Apr 22, 2021, $3.5M — ArcView Group, Salveo Capital, Poseidon Asset Management, Wurk Investment Partnership LLC
- Seed, Apr 11, 2017, $2M — ArcView Group, Salveo Capital, Phyto Partners, Poseidon Asset Management
- Seed, Nov 9, 2016, $1M — Intuitive Venture Partners, ArcView Group, Canopy Boulder, Poseidon Asset Management
- Seed, May 16, 2016, $0.1M — Canopy Boulder
- Seed, Mar 1, 2016, $0M — Canopy Boulder

## Investors

- Canopy Boulder (https://capitalatlas.ai/funds/canopy-boulder) — Seed
- Intuitive Venture Partners (https://capitalatlas.ai/funds/intuitive-venture-partners) — Seed
- ArcView Group (https://capitalatlas.ai/funds/arcview-group) — Seed, Series A
- Poseidon Asset Management (https://capitalatlas.ai/funds/poseidon-asset-management) — Seed, Series A
- Salveo Capital (https://capitalatlas.ai/funds/salveo-capital) — Seed, Series A
- Phyto Partners (https://capitalatlas.ai/funds/phyto-partners) — Seed
- Wurk Investment Partnership LLC — Series A