About WorkBright
WorkBright is a company based in Boulder (United States) founded in 2014.. WorkBright has raised $2.5 million across 3 funding rounds from investors including Techstars and Recruit Group. The company has 13 employees as of December 31, 2022. WorkBright offers products and services including Smart I-9, HR Onboarding, and Applicant Tracking System. WorkBright operates in a competitive market with competitors including Tydy, Enboarder, Trainual, deeploi and IN-D, among others.
- Headquarter Boulder, United States
- Employees 13 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 3 rounds
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Latest Funding Round
$200 K (USD), Debt – Conventional
Jul 13, 2016
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Investors
Techstars
& 1 more
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Employee Count
13
as on Dec 31, 2022
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Products & Services of WorkBright
WorkBright offers a comprehensive portfolio of products and services, including Smart I-9, HR Onboarding, and Applicant Tracking System. 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.
Software for remote, mobile-friendly I-9 completion and verification.
Tools to automate and accelerate employee hiring processes securely.
System for managing candidate applications and onboarding workflows.
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Funding Insights of WorkBright
WorkBright has successfully raised a total of $2.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 thousand completed in July 2016. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $200,000
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First Round
First Round
(11 Dec 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Debt – Conventional - WorkBright | Valuation |
investors |
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| Mar, 2015 | Amount | Seed - WorkBright | Valuation |
investors |
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| Dec, 2014 | Amount | Seed - WorkBright | Valuation | Techstars |
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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 WorkBright
WorkBright has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Techstars and Recruit Group. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Enterprises are matched with talent via job-board platforms.
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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 WorkBright
| 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 |
Financial Statements - WorkBright
| 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 |
Workbright Comparisons
Competitors of WorkBright
WorkBright 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 Tydy, Enboarder, Trainual, deeploi and IN-D, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile-based employee onboarding and engagement software is offered.
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| domain | founded_year | HQ Location |
Enterprise onboarding is streamlined via workflows and rich media.
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| domain | founded_year | HQ Location |
Educational training and process management software is provided for businesses.
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| domain | founded_year | HQ Location |
Network management, operations, cybersecurity, and support services are provided.
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| domain | founded_year | HQ Location |
AI-enabled KYC and employee onboarding solution
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| domain | founded_year | HQ Location |
Employee onboarding is managed via an online platform.
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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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Frequently Asked Questions about WorkBright
When was WorkBright founded?
WorkBright was founded in 2014.
Where is WorkBright located?
WorkBright is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is WorkBright a funded company?
WorkBright is a funded company, having raised a total of $2.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Dec 11, 2014.
How many employees does WorkBright have?
As of Dec 31, 2022, the latest employee count at WorkBright is 13.
What does WorkBright do?
WorkBright was founded in 2014 in Boulder, United States, as a cloud-based HR software solution. It targets companies with seasonal, contingent, and high-turnover workforces. Onboarding processes are digitized, allowing completion on phones, tablets, or laptops prior to employment start. An intuitive dashboard is utilized by employers to organize employee files and ensure compliance. Operations focus on streamlining HR tasks in the human resources sector.
Who are the top competitors of WorkBright?
What products or services does WorkBright offer?
WorkBright offers Smart I-9, HR Onboarding, and Applicant Tracking System.
Who are WorkBright's investors?
WorkBright has 2 investors. Key investors include Techstars, and Recruit Group.
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