Workrise - About the company
Workrise is an acquired company based in San Francisco (United States), founded in 2014 by Michael Witte and Xuan Yong. It operates as an Employee wellness tracking and management platform. Workrise has raised $777M in funding from investors like Founders Fund, Andreessen Horowitz and BoxGroup, with last known valuation of $2.9B. The company has 1365 active competitors, including 146 funded and 138 that have exited. Its top competitors include companies like Beeline, Legion and WorkJam.
Sectors and market segments that Workrise operate in
Workrise serves in the HealthTech market segments.The primary business model of Workrise is:Company Details
Employee wellness tracking and management platform. It is a platform to measure and improve employees' happiness. Uses technology (behavioral science and machine learning) allows users to track and measure the employee experiences and take relevant actions. It caters to various industries such as construction, solar, defense, wind, upstream oil & gas, and midstream oil & gas.
- Website
- workrise.com
- Email ID
- *****@workrise.com
- Phone Number
- +1 **********
- Registered Address
- Austin, Texas
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Acquired
Total Funding
$777M in 11 rounds
Latest Funding Round
Last Known Valuation
$2.9B as on May 20, 2021
Investors
Ranked
68th among 1365 active competitors
Employee Count
478 as on May 31, 2026
Exit Details
Acquired by Takkion (May 06, 2022)
Legal entities associated with Workrise
Workrise is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RIGUP, INC. CIN: 465175744 , United States, Active | Dec 31, 1999 | - | 2152 (As on Dec 31, 2024) | - |
Workrise's acquisition details
Workrise got acquired by Takkion on May 06, 2022.
Click here to take a look at Workrise's acquisition in detail
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Workrise's funding and investors
Workrise has raised a total funding of $777M over 11 rounds. Its first funding round was on May 09, 2014. Its latest funding round was a Series E round on Feb 26, 2021 for $300M. 7 investors participated in its latest round. Workrise has 28 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Workrise:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 26, 2021 | $300M | Series E | $2.9B | - | ||
Feb 17, 2021 | Undisclosed | Series D | - | - | - | |
Mar 09, 2020 | $28.7M | Series D | - | - | - | - |
View details of Workrise's funding rounds and investors
Workrise's founders and board of directors
Founder? Claim ProfileThe founders of Workrise are Michael Witte and Xuan Yong.
Here are the details of Workrise's key team members:
- Michael Witte: Former Co-Founder of Workrise and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Xuan Yong: Co-Founder of Workrise. Contact Info: 1 email address
Workrise's Board of Directors
Workrise's board has 7 active members. Geoff Lewis, Napoleon Ta, Michael Witte, David George, Sandeep Sampath Jain, Jeffrey A. Harris and Ying Xuan Yong are independent board members.Here is the list of Workrise's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 8m | |
Independent board member | - | Current | 12y 1m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 12y 1m |
View details of Workrise's Founder profiles and Board Members
Workrise's employee count trend
Workrise has 478 employees as of May 26. Here is Workrise's employee count trend over the years:
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Workrise's Competitors and alternates
Top competitors of Workrise include Beeline, Legion and WorkJam. Here is the list of Top 10 competitors of Workrise, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Beeline 1999, Jacksonville (United States), Acquired | Provider of extended workforce management platform and related solutions | $45M | 77/100 | |
2nd | Legion 2016, San Francisco (United States), Series C | AI-based workforce management software solution | $195M | 76/100 | |
3rd | Provider of a platform for frontline workforce management and engagement | $167M | 76/100 | ||
4th | Noom 2008, New York City (United States), Series F | Provider of a digital platform for weight loss management and behavior change | $624M | 72/100 | |
5th | Magellan Health 1969, Scottsdale (United States), Acquired | Provider of behavioral healthcare management services and tools for employees | $101M | 71/100 | |
6th | Cloud-based platform for employee wellness | $31.9M | 71/100 | ||
7th | Thrive Global 2016, New York City (United States), Series C | Provider of mental wellbeing coaching platform for enterprises | $130M | 71/100 | |
8th | Deputy 2008, Atlanta (United States), Series B | Provider of workforce management platform for scheduling, HR, and compliance | $143M | 71/100 | |
9th | Yoobic 2014, New York City (United States), Series C | Frontline employee experience platform for managing operational tasks | $97.2M | 70/100 | |
10th | SIMPRO 2002, Broomfield (United States), Series D | Cloud-based field service management software solution | $397M | 70/100 | |
68th | Workrise 2014, San Francisco (United States), Acquired | Employee wellness tracking and management platform | $777M | 52/100 |
Looking for more details on Workrise's competitors? Click here to see the top ones
Workrise's Investments and acquisitions
Workrise has made no investments or acquisitions yet.
Reports related to Workrise
Here is the latest report on Workrise's geography:
News related to Workrise
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Workrise Licenses Shell's U-Lateral Drilling Technology for U.S.World Oil•Jun 18, 2025•Workrise, Shell
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Workrise Names Dave Moxey as Company’s First Chief Marketing OfficerBusiness Wire•May 14, 2024•Workrise
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Versapay Appoints Ed Neumann as Chief Financial OfficerFintech Finance•Apr 19, 2024•Versapay, Lightspeed Venture Partners, Workrise
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TAKKION’s Acquisition of Harvest Energy ServicesGlobal Legal Chronicle•May 06, 2022•Takkion, Workrise
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Kaitlyn DeBernardo Joins Next Coast as Partner and Head of PlatformBusiness Wire•Mar 08, 2022•Next Coast Ventures, Workrise
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