About Workfellow
Workfellow is a Technology company based in Espoo (Finland) founded in 2020, and was acquired by ProcessMaker in April 2024. Workfellow has raised $3.12 million across 1 funding round from investors including ProcessMaker, OpenOcean and Icebreaker.vc. Its focus areas include Enterprise Applications, Business Intelligence, Data Discovery and Visualization and Decision Support Software.
Company details
AI based workflow automation software. The features of the solutions include data discovery, data integration, data insights, data mining, process mining and knowledge work analytics. It also provides task analytics, robotic process automation, business processes, process excellence, advanced analytics and enterprise analytics.
- Headquarters Espoo, Finland
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website workfellow.ai
- Social LinkedIn
- Acquired by ProcessMaker (Apr 2024)
- Total Equity Funding$3.12M (USD)
in 1 rounds
- Latest Funding Round$3.12M (USD), Series A
Dec 2021
- InvestorsProcessMaker
& 4 more
- Acquired byProcessMaker
(Apr 2024)
Funding Insights of Workfellow
Workfellow has successfully raised a total of $3.12M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.12 million completed in December 2021. 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 $3.12M
- Total Rounds 1
- Last Round Series A — $3.12M
- First Round $3.12M
(Dec 2021)
- Investors Count 4
All 1 funding rounds of Workfellow with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $3.12M | Series A | – | OpenOcean |
5 investors in total: 3 institutional and 2 angel.
Investors in Workfellow
Workfellow has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include ProcessMaker, OpenOcean and Icebreaker.vc.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by OpenOcean venture capital fund. | openocean.vc | Helsinki, Finland | ||
Seed and early-stage tech investments are targeted in Finland. | icebreaker.vc | Helsinki, Finland | ||
KS Kulpreet Singh | Angel investor and entrepreneur, focused on tech startups in India. | unknown_bafb2fa10206461cb | ||
KD Kedar Dani | unknown_50198e4978e740d4b | |||
Open source based BPM and workflow software | 2015 | processmaker.com | New York, United States |
Investor details for Workfellow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Workfellow
1 people are tracked at Workfellow (1 in board & advisors).
| Name | Role | Group |
|---|---|---|
Kedar Dani | Investor & Advisor | Board & advisors |
Complete people profiles for Workfellow
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Workfellow
3 dated milestones of Workfellow across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Workfellow is founded.
- Funding First funding round of $3.1M.
- Exit Acquired by ProcessMaker.
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Frequently Asked Questions about Workfellow
Workfellow was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Workfellow is headquartered in Espoo, Finland.
Workfellow is a funded company, having raised a total of $3.12M across 1 funding round to date. The company's 1st funding round was a Series A of $3.12M, raised on Dec 2021.
AI based workflow automation software. The features of the solutions include data discovery, data integration, data insights, data mining, process mining and knowledge work analytics. It also provides task analytics, robotic process automation, business processes, process excellence, advanced analytics and enterprise analytics.
Workfellow has 5 investors. Key investors include ProcessMaker, OpenOcean, Icebreaker.vc, Kulpreet Singh, and Kedar Dani.
Yes. Workfellow was acquired by ProcessMaker in April 2024.