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Workwell - About the company

Workwell is a late stage company based in Watford (United Kingdom), founded in 1989. It operates as an Accounting and payroll management solutions for contractors and freelancers. Workwell has raised $13.4M in funding from Universal Partners. The company has 29970 active competitors, including 258 funded and 1452 that have exited. Its top competitors include companies like CIEL HR, Wave and TriNet.

Company Details

Accounting and payroll management solutions for contractors and freelancers. It offers solutions for workforce management, tax management, payment management, and more. It also offers compliance management solutions.
Social
Facebook
Email ID
*****@workwellsolutions.com
Phone Number
+44 **********
Key Metrics
Founded Year
1989
Location
Watford, United Kingdom
Stage
Late Stage
Total Funding
$13.4M in 1 round
Latest Funding Round
Ranked
Employee Count
147 as on Mar 31, 2026
Investment & Acquisitions
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Workwell's funding and investors

Workwell has raised a total funding of $13.4M over 1 round. Its latest funding round was a PE round on May 09, 2018 for $*****. 1 investor participated in its latest round. Workwell has 1 institutional investor.

Here is the list of recent funding rounds of Workwell:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 09, 2018
7067074
PE
7619253
8118429
2893108
8835668
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Workwell's founders and board of directors

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Workwell's employee count trend

Workwell has 147 employees as of Mar 26. Here is Workwell's employee count trend over the years:
Employee count trend for Workwell
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Workwell's Competitors and alternates

Top competitors of Workwell include CIEL HR, Wave and TriNet. Here is the list of Top 10 competitors of Workwell, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CIEL HR
CIEL HR
2015, Bengaluru (India), Series A
Provider of HR management, recruitment and staffing services
$12.6M
75/100
2nd
Logo for Wave
Wave
2010, Toronto (Canada), Acquired
Web-based accounting software for businesses
$82.4M
72/100
3rd
Logo for TriNet
TriNet
1988, Dublin (United States), Public
Cloud based HRMS platform for SMBs
$60M
72/100
4th
Logo for Alera Group
Alera Group
1995, Deerfield (United States), Acquired
Provider of HR, life & health insurance, general liability, and other services
$250M
71/100
5th
Logo for Insperity
Insperity
1986, Kingwood (United States), Public
HR outsourcing service provider
-
70/100
6th
Logo for UKG
UKG
1977, Weston (United States), Early Stage
Provider of HR and payroll & workforce management solutions
$6.09M
69/100
7th
Logo for Gi Group
Gi Group
1998, Milan (Italy), Series A
Provider of end to end HR services
-
65/100
8th
Logo for Solo Technologies
Solo Technologies
2020, Seattle (United States), Seed
Online platform offering income, and expenses tracking solutions to individuals
$5.3M
65/100
9th
Logo for HR Path
HR Path
2001, Nanterre (France), Series F
Provider of HR, payroll outsourcing & consulting services
$1.06B
65/100
10th
Logo for iSolved
iSolved
1986, Charlotte (United States), Acquired
Cloud-based HRMS for SMBS
-
-
65/100
40th
Logo for Workwell
Workwell
1989, Watford (United Kingdom), Late Stage
Accounting and payroll management solutions for contractors and freelancers
$13.4M
35/100
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Workwell's Investments and acquisitions

Workwell has acquired 2 companies including Oncore and WhiteFin Contracting Solutions. Workwell has not made any investments as of now.

Reports related to Workwell

Here is the latest report on Workwell's sector:

News related to Workwell

Media has covered Workwell for 1 event in last 1 year.
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FAQs about Workwell

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