When was Worksoft founded?

Worksoft was founded in 1998 and raised its 1st funding round 6 years after it was founded.

Where is Worksoft located?

Worksoft is headquartered in Texas City, United States. It is registered at Addison, Texas.

How many employees does Worksoft have?

As of Sep 30, 2026, the latest employee count at Worksoft is 235.

Is Worksoft a funded company?

Worksoft is a funded company, having raised a total of $38M across 6 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Mar 22, 2004.

When was the latest funding round of Worksoft?

Worksoft's latest funding was a $***** Series D round on Dec 22, 2009, with participation from 0 investor.

Where does Worksoft rank among its competitors?

Worksoft ranks 24th amongst 316 active competitors, of which 26 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Port, which secured $100M in Dec, 2025.

Who are the top competitors of Worksoft?

Worksoft's top competitors include JFrog, Perforce and Progress. Among them, Port secured the most recent funding round in December, 2025.

Worksoft - 2026 Company Profile, Funding & Competitors

Worksoft is an acquired company based in Texas City (United States), founded in 1998. It operates as a SAP application lifecycle management. Worksoft has raised $38M in funding from Crescendo Ventures. The company has 316 active competitors, including 26 funded and 25 that have exited. Its top competitors include companies like JFrog, Perforce and Progress.

Company Details

Worksoft is a global provider of software for automated business process testing and discovery. Companies use Worksoft automation to replace manual processes, shorten project timelines, reduce costs, innovate faster, and improve business process quality across their enterprise application landscape, including web, cloud, big data, mobile, and dozens of enterprise applications

Website: worksoft.com
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Registered Address: Addison, Texas

Key Metrics

Founded Year

1998

Location

Texas City, United States

Stage

Acquired

Total Funding

$38M in 6 rounds

Latest Funding Round

Series D, Dec 22, 2009, $*****

Investors

Crescendo Ventures & 4 more

Ranked

24^th among 316 active competitors

Employee Count

235 as on Sep 30, 2026

Investment & Acquisitions

eureQa & 1 more

Similar Companies

JFrog & 114 more

Exit Details

Acquired by Marlin Equity Partners (Feb 25, 2019)

View Worksoft's full profile

Worksoft is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WORKSOFT, INC. CIN: 752747084 , United States, Active	Dec 26, 999	-	53 (As on Dec 31, 2024)	-

Worksoft got acquired by Marlin Equity Partners on Feb 25, 2019.

Click here to take a look at Worksoft's acquisition in detail

Worksoft has raised a total funding of $38M over 6 rounds. Its first funding round was on Mar 22, 2004. Worksoft has 5 institutional investors.

Here is the list of recent funding rounds of Worksoft:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2009	2538535	Series D	6658616	7558646	1102359	3908045
Nov 06, 2009	4593515	Series D	2925912	1880955	6685945	3157151
Dec 15, 2008	6493160	Series D	4666284	3868681	4119899	Crescendo Ventures & 1 more

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View details of Worksoft's funding rounds and investors

Worksoft's employee count trend

Worksoft has 235 employees as of Sep 26. Here is Worksoft's employee count trend over the years:

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Top competitors of Worksoft include JFrog, Perforce and Progress. Here is the list of Top 10 competitors of Worksoft, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	JFrog 2008, Sunnyvale (United States), Public	Provider of software supply chain platform for DevOps and security	$227M	VMware, Gemini & 16 others	78/100
2nd	Perforce 1995, Alameda (United States), Acquired	Provider of solutions for software quality, version control, and data management	$10M	Francisco Partners, Ares Capital Corporation ... & 1 others	64/100
3rd	Progress 1981, Bedford (United States), Public	Platform offering IDE based application development software	-	August Capital, Inventus Capital Partners ... & 6 others	64/100
4th	Digital.ai 1999, Boston (United States), Series B	Provider of AI-based application lifecycle management software	$26.5M	KAAJ Ventures, OpenView & 2 others	62/100
5th	AutoRabit 2015, Pleasanton (United States), Series B	Enterprise software release management software provider	$53M	Full In Partners, Western Alliance Bank & 1 others	61/100
6th	Allstacks 2017, Raleigh (United States), Series A	Provider of software engineering intelligence platform delivering AI-powered analysis and insights	$27.5M	Companyon Ventures, Hyperplane & 16 others	61/100
7th	Lineaje 2021, San Francisco (United States), Series A	Provider of threat detection solutions	$27M	Prosperity7 Ventures, Neotribe & 10 others	60/100
8th	CollabNet 1999, San Francisco (United States), Acquired	AI-powered platform for software development, delivery, and digital transformation	$60.1M	Benchmark, Industry Ventures & 10 others	58/100
9th	Port 2022, Tel Aviv (Israel), Series C	Developer of internal developer portal for engineering and software development	$160M	General Atlantic, TLV Partners & 7 others	58/100
10th	NGINX 2011, San Francisco (United States), Acquired	Application modernization and HPC solutions provider	$84M	New Enterprise Associates, Goldman Sachs ... & 12 others	57/100
24th	Worksoft 1998, Texas City (United States), Acquired	SAP application lifecycle management	$38M	Elsewhere Partners, eBridge Ventures & 3 others	42/100