What is Workiz?
Founded in 2015 and headquartered in California, Workiz offers a comprehensive software solution designed to streamline operations for small to medium-sized service businesses. Its platform caters to a diverse range of industries, including locksmiths, junk removal services, carpet cleaning, garage door repair, and appliance repair. By providing robust management and communication tools, Workiz empowers these businesses to enhance efficiency and customer engagement.
How much funding has Workiz raised?
Workiz has raised a total of $60M across 4 funding rounds:
Angel/Seed
$2M
Series A
$5M
Series B
$13M
Series C
$40M
Angel/Seed (2018): $2M with participation from Aleph
Series A (2019): $5M led by Aleph and Magenta Venture Partners
Series B (2021): $13M supported by New Era Capital Partners, Aleph, Maor Investments LLC, Magenta Venture Partners, and Tmt Investments
Series C (2021): $40M featuring La Maison, New Era, G Squared, and Lead Edge Capital Management
Key Investors in Workiz
Aleph
Aleph is an early-stage venture capital fund focused on scaling Israeli entrepreneurs into globally recognized brands. They invest across various sectors including fintech, logistics, and AI.
G Squared
G Squared is a growth-stage venture capital fund manager established in 2011, employing a unique strategy to deliver top-quartile returns by providing transitional capital to portfolio companies.
Lead Edge Capital Management
Lead Edge Capital, founded in 2009, specializes in investing in growth-stage software, internet, and consumer businesses.
What's next for Workiz?
The recent major strategic investment signals a new phase of expansion for Workiz. This capital infusion is expected to fuel further product development, enhance its market reach, and potentially explore new service verticals. The company's focus on the underserved small to medium-sized on-demand service sector positions it for continued growth, leveraging its established platform to capture a larger market share and solidify its leadership in field service management technology.
See full Workiz company page
