workrise.comEnterprise Software / Human ResourcesFounded: 2014Funding to Date: $2.44B
Workrise is a network of energy service companies and workers focused on staffing and subcontracting. Workrise enables those working in the energy industry to find workers, vendors, and expand their businesses. Workrise was founded in 2014 by Michael Witte, Xuan Yong, and Sandeep Jain and is headquartered in Austin, TX.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/20/2021 | Series E | $300MM | $xx.xx | $2.9B | 137 Ventures, Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Franklin Templeton, Moore Strategic Ventures | |
Price per Share
$xx.xx
Shares Outstanding
715,675
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
137 Ventures, Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Franklin Templeton, Moore Strategic Ventures
|
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03/09/2020 | Series D-1 | $28.7MM | $xx.xx | $1.97B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
88,940
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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10/09/2019 | Series D | $300MM | $xx.xx | $1.9B | Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Quantum Energy Partners | |
Price per Share
$xx.xx
Shares Outstanding
929,698
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Bedrock Capital, Brookfield Growth Partners, Founders Fund, Quantum Energy Partners
|
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06/10/2019 | Series C-1 | $55MM | $xx.xx | $820.73MM | Bedrock Capital | |
Price per Share
$xx.xx
Shares Outstanding
330,085
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital
|
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02/02/2019 | Series C | $60MM | $xx.xx | $300MM | Bedrock Capital, Founders Fund, Global Reserve Group, Quantum Energy Partners | |
Price per Share
$xx.xx
Shares Outstanding
891,567
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Founders Fund, Global Reserve Group, Quantum Energy Partners
|
||||||
06/08/2018 | Series B-1 | $10.04MM | $xx.xx | $267.54MM | Bedrock Capital | |
Price per Share
$xx.xx
Shares Outstanding
162,603
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital
|
||||||
02/05/2018 | Series B | $15.65MM | $xx.xx | $170.59MM | Bedrock Capital, Fj Labs, Fort Ventures, Founders Fund, Global Reserve Group, Quantum Energy Partners, Sallyport Investments | |
Price per Share
$xx.xx
Shares Outstanding
411,779
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Fj Labs, Fort Ventures, Founders Fund, Global Reserve Group, Quantum Energy Partners, Sallyport Investments
|
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04/15/2016 | Series A | $14.54MM | $xx.xx | $86.36MM | Boxgroup, Founders Fund, Frees Fund, Ge Ventures, Great Oaks Venture Capital, Moore Capital Management | |
Price per Share
$xx.xx
Shares Outstanding
650,636
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Founders Fund, Frees Fund, Ge Ventures, Great Oaks Venture Capital, Moore Capital Management
|
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05/09/2014 | Series Seed | $2.79MM | $xx.xx | $13.95MM | Boxgroup, Capital Factory, Founders Fund, Great Oaks Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
508,799
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Capital Factory, Founders Fund, Great Oaks Venture Capital
|