About Workarea
Workarea is a company based in Philadelphia (United States) founded in 1994 was acquired by VTEX in February 2021. Workarea has raised $12 million across 3 funding rounds from investors including VTEX, Horizon Tech Finance and Safeguard Scientifics. The company has 19 employees as of December 31, 2020. Workarea has completed 1 acquisition, including Orderbot. Workarea offers products and services including Commerce Cloud, Workarea Insights, and Site Planner. Workarea operates in a competitive market with competitors including Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, among others.
- Headquarter Philadelphia, United States
- Employees 19 as on 31 Dec, 2020
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Weblinc Corp.
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Products & Services of Workarea
Workarea offers a comprehensive portfolio of products and services, including Commerce Cloud, Workarea Insights, and Site Planner.
Cloud-based solution for enterprise B2B and B2C sales
Provides data for optimizing shopping experiences
Tool for editing and scheduling storefront changes
Funding Insights of Workarea
Workarea has successfully raised a total of $12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Workarea
Workarea has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include VTEX, Horizon Tech Finance and Safeguard Scientifics.
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Venture capital and private equity firm focused on debt investments
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Private debt loans are extended by this firm to businesses.
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Structured debt is provided to life sciences and technology firms.
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Investor details for Workarea
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Investments & Acquisitions by Workarea
Workarea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Orderbot.
Investment portfolio details for Workarea
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B2B order management platform for manufacturers and distributors is provided.
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Complete acquisition details for Workarea
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Financial Statements - Workarea
Detailed financials for Workarea
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Workarea Comparisons
Peer comparison for Workarea
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Competitors of Workarea
Workarea 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 Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, among others.
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Software suite solutions are provided for e-commerce businesses.
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Platform offering retail sales enablement and reward software
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SaaS-based software suites for e-commerce operations are provided.
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Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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Platforms for e-commerce, marketing, and manufacturing are provided.
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Software suite solutions are provided for brands and e-commerce businesses.
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Detailed competitors of Workarea
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Latest news on Workarea
Complete news archive for Workarea
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Frequently Asked Questions about Workarea
Workarea was founded in 1994 and raised its 1st funding round 20 years after it was founded.
Workarea is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Workarea is a funded company, having raised a total of $12M across 3 funding rounds to date.
As of Dec 31, 2020, the latest employee count at Workarea is 19.
Workarea was founded in 1994 in Philadelphia, United States, and operates in the e-commerce software sector. Cloud-based solutions are provided to e-tailers for developing online stores, incorporating features like payment gateways, order and inventory management, CRM, PIM, marketing tools, reporting, and analytics. Operations focus on enabling scalable digital retail platforms, with clients including Reformation, Rens Pets, and Lonely Planet.
Workarea's top competitors include CommerceIQ, Global-e and Cart.com.
Workarea offers Commerce Cloud, Workarea Insights, and Site Planner.
Workarea has made 1 acquisition, including Orderbot.
Workarea has 5 investors. Key investors include VTEX, Horizon Tech Finance, Safeguard Scientifics, Montage Capital, and Partners For Growth.