About LifeWorks
LifeWorks is a company based in London (United Kingdom) founded in 2010 was acquired by Telus in June 2022.. The company has 1 employees as of March 31, 2022. LifeWorks has completed 11 acquisitions, including Benestar, Breaking Free Group and Chestnut Global Partners. LifeWorks offers products and services including Mental Health Solutions, Physical Health Solutions, Absence Management, Benefits Administration, and Consulting Services. LifeWorks operates in a competitive market with competitors including Alight, Swile, Wright Express, Businessolver and HealthEquity, among others.
- Headquarter London, United Kingdom
- Employees 1 as on 31 Mar, 2022
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Sectors
TechnologyHealthcare
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Phone
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Website
*********
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Social
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- Legal Name Lifeworks Limited
- Date of Incorporation 09 Mar, 2012
- Jurisdiction BRISTOL, UNITED KINGDOM
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Products & Services of LifeWorks
LifeWorks offers a comprehensive portfolio of products and services, including Mental Health Solutions, Physical Health Solutions, Absence Management, Benefits Administration, and Consulting Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers access to mental health support for employees.
Provides virtual and in-person physical care options.
Assists with employee return-to-work processes.
Manages cost-effective benefits plans for organizations.
Delivers tailored HR and wellbeing strategies.
Equips organizations with resilience and agility programs.
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Funding Insights of LifeWorks
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $86.0M
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First Round
First Round
(01 Jun 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Post-IPO - LifeWorks | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LifeWorks
LifeWorks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TELUS and TELUS Health. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Integrated telecom and IPTV services are provided to Canadian customers.
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Founded Year | Domain | Location | |
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Comprehensive wellbeing solutions are provided for employers by TELUS Health.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LifeWorks
LifeWorks has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Benestar, Breaking Free Group and Chestnut Global Partners. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Physical and mental health centers are operated as a chain.
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2015 | ||||
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Incident management, workforce wellness, and financial services are provided.
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2011 | ||||
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A digital healthcare platform targeting addictive behaviors is provided.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LifeWorks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lifeworks Comparisons
Competitors of LifeWorks
LifeWorks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alight, Swile, Wright Express, Businessolver and HealthEquity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are offered for enterprise HR management.
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| domain | founded_year | HQ Location |
A card-linked wallet is provided for employee financial management.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based employee benefits administration solutions are delivered.
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| domain | founded_year | HQ Location |
Health benefits and savings are managed through an app-based platform.
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| domain | founded_year | HQ Location |
Employee benefits administration and AI-driven recommendations are provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lifeworks
Frequently Asked Questions about LifeWorks
When was LifeWorks founded?
LifeWorks was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is LifeWorks located?
LifeWorks is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does LifeWorks have?
As of Mar 31, 2022, the latest employee count at LifeWorks is 1.
What does LifeWorks do?
LifeWorks was founded in 2010 and is headquartered in London, United Kingdom. Operations focus on the human resources technology sector, where cloud-based platforms are provided to deliver wellbeing services. These include employee and family assistance programs, health and wellness initiatives, recognition systems, pension and benefits administration, retirement consulting, actuarial services, and investment support, addressing mental, physical, social, and financial aspects for clients.
Who are the top competitors of LifeWorks?
LifeWorks's top competitors include Alight, Wright Express and Businessolver.
What products or services does LifeWorks offer?
LifeWorks offers Mental Health Solutions, Physical Health Solutions, Absence Management, Benefits Administration, and 2 more products and services.
How many acquisitions has LifeWorks made?
LifeWorks has made 11 acquisitions, including Benestar, Breaking Free Group, and Chestnut Global Partners.
Who are LifeWorks's investors?
LifeWorks has 2 investors. Key investors include TELUS, and TELUS Health.
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