Workfellow - About the company
Workfellow is an acquired company based in Espoo (Finland), founded in 2020 by Kustaa Kivela and Henri Wiik. It operates as an AI based workflow automation software. Workfellow has raised $3.12M in funding from OpenOcean. The company has 14644 active competitors, including 679 funded and 366 that have exited. Its top competitors include companies like Databricks, Palantir and Altair.
Company Details
AI based workflow automation software. The features of the solutions include data discovery, data integration, data insights, data mining, process mining and knowledge work analytics. It also provides task analytics, robotic process automation, business processes, process excellence, advanced analytics and enterprise analytics.
- Website
- www.workfellow.ai/
- Email ID
- *****@workfellow.aiEspoo
- Phone Number
- +358 **********
Key Metrics
Founded Year
2020
Location
Espoo, Finland
Stage
Acquired
Total Funding
$3.12M in 1 round
Latest Funding Round
Ranked
435th among 14644 active competitors
Employee Count
8 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by ProcessMaker (Apr 09, 2024)
Workfellow's acquisition details
Workfellow got acquired by ProcessMaker on Apr 09, 2024.
Click here to take a look at Workfellow's acquisition in detail
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Workfellow's funding and investors
Workfellow has raised a total funding of $3.12M over 1 round. Its latest funding round was a Series A round on Dec 20, 2021 for $*****. 4 investors participated in its latest round. Workfellow has 4 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Workfellow:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 20, 2021 | 7987489 | Series A | 2386661 | 3626228 | 2788258 | 3784516 |
View details of Workfellow's funding rounds and investors
Workfellow's founders and board of directors
Founder? Claim ProfileThe founders of Workfellow are Kustaa Kivela and Henri Wiik.
Here are the details of Workfellow's key team members:
- Kustaa Kivela: Former Co-Founder of Workfellow.
- Henri Wiik: CPO, Co-Founder of Workfellow.
View details of Workfellow's Founder profiles and Board Members
Workfellow's employee count trend
Workfellow has 8 employees as of Aug 26. Here is Workfellow's employee count trend over the years:
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Workfellow's Competitors and alternates
Top competitors of Workfellow include Databricks, Palantir and Altair. Here is the list of Top 10 competitors of Workfellow, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Databricks 2013, San Francisco (United States), Series L | Provider of a unified data and AI platform for building and managing analytical and operational workloads | $25.2B | 84/100 | |
2nd | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 84/100 | |
3rd | Altair 1985, Troy (United States), Acquired | Provider of enterprise software for simulation, data analytics, AI, and HPC | $35.1M | 81/100 | |
4th | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 81/100 | |
5th | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 78/100 | |
6th | Appian 1999, Reston (United States), Public | Cloud based low code application development and automation platform | $47.5M | 76/100 | |
7th | NiCE 1986, Hoboken (United States), Public | Developer of platforms automating customer service using artificial intelligence | - | 74/100 | |
8th | Moveworks 2016, Mountain View (United States), Acquired | Developer of an AI assistant platform for enterprise workflow automation | $315M | 73/100 | |
9th | Pipefy 2015, San Francisco (United States), Series C | SaaS-based workflow and task management solution provider | $149M | 73/100 | |
10th | Software AG 1969, Darmstadt (Germany), Acquired | Provider of digital transformation solutions, services, and enterprise application products | - | 72/100 | |
435th | Workfellow 2020, Espoo (Finland), Acquired | AI based workflow automation software | $3.12M | 38/100 |
Looking for more details on Workfellow's competitors? Click here to see the top ones
Workfellow's Investments and acquisitions
Workfellow has made no investments or acquisitions yet.
Reports related to Workfellow
Here is the latest report on Workfellow's sector:
News related to Workfellow
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Workfellow Announces Breakthrough Process Intelligence Solution for the Banking IndustryEIN Presswire•Jun 28, 2023•Workfellow
•
Workfellow announces close of Series A funding round of $3.12 millionTechiLive.in•Dec 20, 2021•Workfellow, OpenOcean, Icebreaker
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