About Workframe
Workframe is a company based in New York (United States) founded in 2016 by Matthew Smith, Robert Moore, and Andy Parsons was acquired by Newmark in October 2019.. Workframe has raised $12.5 million across 2 funding rounds from investors including NMRK, Newmark Grubb Knight Frank and Venrock. Workframe operates in a competitive market with competitors including Powerplay, PlanRadar, PlanGrid, Fieldwire and Hyphen Solutions, among others.
- Headquarter New York, United States
- Founders Matthew Smith, Robert Moore, Andy Parsons
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Sectors
Real Estate & ConstructionTechnology
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Email
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Phone
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Website
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Social
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Funding Insights of Workframe
Workframe has successfully raised a total of $12.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $9.5 million completed in May 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $9.5M
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First Round
First Round
(06 Jul 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series B - Workframe | Valuation | Newmark Grubb Knight Frank | |
| Jul, 2017 | Amount | Series A - Workframe | 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 Workframe
Workframe has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include NMRK, Newmark Grubb Knight Frank and Venrock. 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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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Provider of integrated commercial real estate services
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Founded Year | Domain | Location | |
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MetaProp is recognized as a leading PropTech venture capital firm.
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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 Workframe
| 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 - Workframe
| 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 |
Workframe Comparisons
Competitors of Workframe
Workframe 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 Powerplay, PlanRadar, PlanGrid, Fieldwire and Hyphen Solutions, 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 |
SaaS software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
SaaS documentation management solutions for construction are provided.
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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| domain | founded_year | HQ Location |
Hubble is recognized as a cloud-based contract management service.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Workframe
When was Workframe founded?
Workframe was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Workframe located?
Workframe is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Workframe?
Robert Moore is the current CEO of Workframe. They have also founded this company.
Is Workframe a funded company?
Workframe is a funded company, having raised a total of $12.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jul 06, 2017.
What does Workframe do?
Workframe was founded in 2016 and is based in New York, United States. A SaaS platform targeted at real estate professionals, including landlords, agents, architects, project managers, and tenants, is operated. Central communication among clients and teams is facilitated, alongside document sharing, approval tracking, timeline management, task monitoring, architectural design presentations, photograph uploads, maintenance issue resolution, and amenity oversight.
Who are the top competitors of Workframe?
Workframe's top competitors include XYZ Reality, PlanGrid and Powerplay.
Who are Workframe's investors?
Workframe has 4 investors. Key investors include NMRK, Newmark Grubb Knight Frank, Venrock, and MetaProp.
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