Workiz Analysis: $55M Raised
What is Workiz?
Workiz is a field service management software designed to help businesses manage scheduling, dispatching, invoicing, and customer relations. Their approach integrates various functionalities into a single platform, making it easier for service professionals to operate efficiently. This results in improved job booking, streamlined operations, and enhanced customer satisfaction.
Employees
51-200
Founded
2015
Industry
SaaS
Latest Funding Round Size
Series C
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$40,000,000
Product Features & Capabilities
- Client CRM for managing customer relationships
- Job scheduling for efficient task management
- Dispatching tools to assign jobs to technicians
- Invoicing system for timely payments
- AI answering service to handle customer calls.
Use Cases
Schedule and dispatch technicians for field jobs; Automate invoicing and payment processing; Manage customer relationships and service history; Track performance metrics and analytics; Facilitate online booking for customers.
How much Workiz raised
Seed - $2 million
October 21, 2018Lead Investor: Aleph Venture Capital Fund
Series B - $13 million
February 24, 2021Lead Investor: New Era Capital Partners, Aleph, Magenta Venture Partners, Maor Investments, TMT Investments PLC
Series C - $40 million
November 17, 2021Lead Investor: Lead Edge Capital
Other Considerations
Trusted by over 120,000 field service professionals; Offers a free trial for new users; Integrates with various tools like QuickBooks and Google Calendar.
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Financial Overview
$55MTotal Raised
Seed$2 million
October 21, 2018
Investors: Aleph Venture Capital Fund
Series B$13 million
February 24, 2021
Investors: New Era Capital Partners, Aleph, Magenta Venture Partners, Maor Investments, TMT Investments PLC
Series C$40 million
November 17, 2021
Investors: Lead Edge Capital