About Work-Bench
Work-Bench is a venture capital firm founded in 2012. It is primarily based out of New York City, United States. As of Oct 2026, Work-Bench is an active investor, having invested in 69 companies, with 6 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Seed round of Marc Prop Overall, Work-Bench portfolio has seen 6 unicorns and 20 acquisitions including key companies like Spring Health, Dialpad and xAI. A lot of funds co-invest with Work-Bench, with names like Uncorrelated Ventures sharing a substantial percentage of its portfolio. Work-Bench has team of 21 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Portfolio Soonicorns
Work-Bench's List of Top Investments
Work-Bench has a portfolio of 69 companies, including 6 unicorns. Their most notable investments are in GovWell and Streamdal.Their portfolio spans across United States, Canada, Israel and 2 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 11 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Work-Bench:
Tech enabled mental healthcare solutions and health plans for employers. It offers a platform that leverages data to match individuals with care, ranging from digital support to in person therapy. The platform includes personalized care plans, appointment scheduling, and access to on demand wellness exercises. The solution also incorporates an employee assistance program with assessment, personalized recommendations, and access to a diverse network of providers.
Key facts about Spring Health
- Founded Year: 2016
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $474M
- Employee Count: 3,902 as on Sep 30, 2026
- Investors: Generation Investment Management, Northzone and 31 Others
- Latest Funding Round: Series E, Jul 16, 2024, $*****
- Highlight: Editors' Pick
2. Dialpad
Provider of AI-powered contact center and unified communications platform solutions. The platform offers customer service, outbound sales, and all-in-one communication tools. It provides features such as AI agents, integrations with various applications, and analytics. The platform aims to streamline business communications and improve customer experience.
Key facts about Dialpad
- Founded Year: 2011
- Location: San Ramon (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $476M
- Employee Count: 1,511 as on Sep 30, 2026
- Investors: Section Partners, Sapphire Ventures and 44 Others
- Latest Funding Round: Series F, Dec 22, 2022, $*****
- Highlight: Editors' Pick
3. xAI
Platform providing AI-powered assistant for image generation and trend analysis. It is an artificial intelligence (AI) company focused on advancing scientific discovery and fostering a deeper understanding of the universe through its AI model, Grok. Grok is a powerful AI assistant designed to provide truthful, useful, and curious insights by leveraging real-time search, image generation, and trend analysis capabilities. Through its developer API, xAI enables seamless integration of Grok's intelligence into various projects and applications.
Key facts about xAI
- Founded Year: 2023
- Location: Palo Alto (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $45B
- Employee Count: 6,652 as on Sep 30, 2026
- Investors: Fidelity Investments, Glade Brook Capital and 68 Others
- Latest Funding Round: Series E, Jan 06, 2026, $*****
- Highlight: Acquired
4. VTS
Cloud driven real estate leasing and asset management software that provides brokers, investors, and owners with real time access to activities in their portfolio. Developed to streamline the leasing process, the platform enables tracking and analytics across the live, active deal flow. Users get their portfolio and team onto the dashboard to interact with data, identify trends, highlight opportunities and raise red flags.
Key facts about VTS
- Founded Year: 2011
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $302M
- Employee Count: 696 as on Sep 30, 2026
- Investors: Haymaker Growth, OpenView and 31 Others
- Latest Funding Round: Series E, Sep 06, 2022, $*****
- Highlight: Editors' Pick
5. Goodfire
Interpretability tooling for generative AI models. The platform leverages mechanistic interpretability techniques to demystify AI systems and provide insights into its inner workings.
Key facts about Goodfire
- Founded Year: 2024
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $209M
- Employee Count: 73 as on Sep 30, 2026
- Investors: Salesforce Ventures, DFJ Growth and 12 Others
- Latest Funding Round: Series B, Dec 17, 2025, $*****
- Highlight: Editors' Pick
Work-Bench's Year-on-Year Investment Trends
Work-Bench has invested in 69 companies over the last 13 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Oct 2026, it has made 7 investments in this year. Its most recent first time investment was in Marc Prop and most recent follow-on round was in Chamelio.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 3 | 7 |
2025 | 4 | 2 | 6 |
2024 | 7 | 1 | 8 |
2023 | 3 | 0 | 3 |
2022 | 6 | 4 | 10 |
2021 | 5 | 2 | 7 |
2020 | 1 | 4 | 5 |
2019 | 4 | 1 | 5 |
2018 | 4 | 3 | 7 |
2017 | 3 | 0 | 3 |
Work-Bench's Investments by Stage
Work-Bench has made 30 investments in Seed stage with an average round size of $4.9M, 9 investments in Series A stage with an average round size of $10.4M, 5 investments in Series B stage with an average round size of $22.3M and 3 investments in Series C stage with an average round size of $37M.Stage of entry | No. of Investments |
|---|---|
Seed | 30 |
Series A | 9 |
Series B | 5 |
Series C | 3 |
Note: We have considered here, only first round of investments
Work-Bench's Investments by Sector
Work-Bench has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, FinTech, High Tech and Vertical SaaS. Notably, it has invested in 66 Enterprise (B2B) companies, 66 Tech companies, 64 Software companies and at least 41 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 45 |
Enterprise Infrastructure | 22 |
FinTech | 8 |
High Tech | 6 |
Vertical SaaS | 6 |
Others | 18 |
Note: We have considered here, only first round of investments
Work-Bench's Investments by Geography
Work-Bench has made most investments in United States (40), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 40 |
Canada | 2 |
Israel | 2 |
Ireland | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Work-Bench's recent investments
Work-Bench has made 7 investments in 2026 so far. Marc Prop and Chamelio are the latest among them.Here are the most recent investments by Work-Bench:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 22, 2026 | Ireland | Seed | 9220 | [+5] | |
Sep 22, 2026 | United States | Series A | 6464 | [+2] | |
Jul 22, 2026 | United States | Seed | 2702 | [+1] | |
Apr 22, 2026 | United States | Series B | 9820 | [+1] | |
Apr 17, 2026 | United States | Series A | 2885 | [+4] |
Unicorns in Work-Bench's Portfolio
Work-Bench has 6 unicorns in its portfolio - Goodfire, Spring Health, Socure and others. The most recent unicorn in their portfolio is Goodfire. It became a unicorn in 2026, 1 years after Work-Bench first invested in it.Here is a list of unicorns in Work-Bench's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Interpretability tooling for generative AI models | 2024 | San Francisco | Series B | xnojsas | ||
82 | Tech enabled mental healthcare solutions and health plans for employers | 2016 | New York City | Series E | n{nclng | ||
68 | Provider of AI based platform offering identity verification | 2012 | New York City | Series E | lsht{zi | ||
55 | Developer of a distributed SQL database designed for mission-critical applications | 2015 | New York City | Series F | snvifor | ||
79 | Provider of AI-powered contact center and unified communications platform solutions | 2011 | San Ramon | Series F | bwtzzo{ |
Acquired companies in Work-Bench's Portfolio
20 companies from Work-Bench's portfolio have been acquired. The most recent acquisition was Permiso in Jul 2026 by Okta for $*****.Here are Work-Bench's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 30, 2026 | Jan 18, 2022 | Seed | 3639 | |
Jun 11, 2026 | Jul 28, 2022 | Series A | 3875 | |
May 28, 2026 | Apr 20, 2021 | Series B | 6515 | |
Feb 02, 2026 | - | - | 5122 | |
Dec 15, 2025 | Apr 02, 2019 | Seed | 4963 |
Team profile of Work-Bench
Work-Bench has a team of 21 members including 5 Partners and 2 Principals located in United States. Work-Bench's team sits on the board of 1 company.Here is a list of top team members in Work-Bench:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | |||
Partner | New York | - | ||
Partner | New York City | - | ||
Partner | New York City | - | ||
Partner | United States | - | - | |
Principal | New York City | - | ||
Principal | New York City | - |
Co-investors of Work-Bench
Over the past 13 years, 303 investors have co-invested in Work-Bench's portfolio companies. This includes funds and angels.
- Invested before Work-Bench: Google Ventures, Y Combinator and 69 others have invested in rounds before Work-Bench. There are 4 companies where Google Ventures has invested before Work-Bench and 3 companies where Y Combinator has invested before Work-Bench.
- Top Co-investors of Work-Bench: 131 investors entered a company along with Work-Bench. These include investors like Uncorrelated Ventures (2 companies).
- Invested after Work-Bench: A total of 101 investors have invested in Work-Bench's portfolio after their investments. Top Investors include Tiger Global Management (3 companies), Salesforce Ventures (2 companies) and Citi Ventures (2 companies).
Recent News related to Work-Bench
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Marc Raises $5M Seed Funding to Scale AI-Powered Property Management Platform in North AmericaThe SaaS News•Oct 26, 2026•Work-Bench, Marc Prop
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Chamelio Secures $26M Series A RoundMassinvestor•Sep 23, 2026•Emerge Ventures, Work-Bench, Bright Pixel Capital, Chamelio and 1 other
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Courier Health has raised $50 Million in new Series B Fundinghttps://www.intelligence360.news/•May 28, 2026•Work-Bench, Norwest, Courier Health, Oak HC/FT
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GovWell Secures $25 Million Series A to Scale AI Platform for U.S. Local GovernmentsTipRanks•May 14, 2026•GovWell, Insight Partners, Bienville Capital, Work-Bench
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Courier Health Raises $50M to Solve Biopharma’s Data FragmentationHIT Consultant•Apr 22, 2026•Norwest, Courier Health, Work-Bench, Oak HC/FT
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Flock AI Raises $6M in Seed FundingFinSMEs•Feb 05, 2026•Flock AI, Outlander VC, Red Bike Capital, January Ventures and 1 other
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Chamelio Raises $10M in Seed FundingFinSMEs•Jan 27, 2026•Chamelio, Emerge Ventures, Work-Bench, Wiz and 1 other
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AIR raises $6.1m to modernise private credit ratings with AIFinextra•Dec 10, 2025•Work-Bench, Lerer Hippeau, Airplatforms
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AuthZed Cloud released, $15.9 million in funding supports AI security scenario expansionCui Niuhui•Aug 21, 2025•Authzed, Work-Bench, General Catalyst, PayPal Ventures and 1 other
