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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.
Social
XFacebook
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
Ranked
Employee Count
478 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Takkion (May 06, 2022)

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:lockFilter this list
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
-
-
-
-
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Workrise's founders and board of directors

Founder? Claim Profile
The founders of Workrise are Michael Witte and Xuan Yong.
Here are the details of Workrise's key team members:

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

Workrise's employee count trend

Workrise has 478 employees as of May 26. Here is Workrise's employee count trend over the years:
Employee count trend for Workrise
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Beeline
Beeline
1999, Jacksonville (United States), Acquired
Provider of extended workforce management platform and related solutions
$45M
77/100
2nd
Logo for Legion
Legion
2016, San Francisco (United States), Series C
AI-based workforce management software solution
$195M
76/100
3rd
Logo for WorkJam
WorkJam
2014, Montreal (Canada), Series D
Provider of a platform for frontline workforce management and engagement
$167M
76/100
4th
Logo for Noom
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
Logo for Magellan Health
Magellan Health
1969, Scottsdale (United States), Acquired
Provider of behavioral healthcare management services and tools for employees
$101M
71/100
6th
Logo for LifeSpeak
LifeSpeak
2004, Toronto (Canada), Public
Cloud-based platform for employee wellness
$31.9M
71/100
7th
Logo for Thrive Global
Thrive Global
2016, New York City (United States), Series C
Provider of mental wellbeing coaching platform for enterprises
$130M
71/100
8th
Logo for Deputy
Deputy
2008, Atlanta (United States), Series B
Provider of workforce management platform for scheduling, HR, and compliance
$143M
71/100
9th
Logo for Yoobic
Yoobic
2014, New York City (United States), Series C
Frontline employee experience platform for managing operational tasks
$97.2M
70/100
10th
Logo for SIMPRO
SIMPRO
2002, Broomfield (United States), Series D
Cloud-based field service management software solution
$397M
70/100
68th
Logo for Workrise
Workrise
2014, San Francisco (United States), Acquired
Employee wellness tracking and management platform
$777M
52/100
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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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FAQs about Workrise

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