About WorkFusion
WorkFusion is a company based in New York (United States) founded in 2010 by Max Yankelevich.. WorkFusion has raised $410.65 million across 11 funding rounds from investors including PNC, NewYork-Presbyterian and Chubb. The company has 72 employees as of April 06, 2024. WorkFusion offers products and services including AI Agents, Evelyn, Tara, and Evan. WorkFusion operates in a competitive market with competitors including UiPath, IDnow, Alloy, Parallel Markets and Craft, among others.
- Headquarter New York, United States
- Employees 72 as on 06 Apr, 2024
- Founders Max Yankelevich
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Workfusion India Private Limited
- Date of Incorporation 19 Jan, 2017
- Jurisdiction Delhi, India
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Annual Revenue
$823.81 K (USD)-31.27as on Mar 31, 2022
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Net Profit
$88.14 K (USD)-25.26as on Mar 31, 2022
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EBITDA
$159.92 K (USD)-21.3as on Mar 31, 2022
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Total Equity Funding
$410.65 M (USD)
in 11 rounds
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Latest Funding Round
$45 M (USD), Series G
Sep 16, 2025
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Investors
PNC
& 18 more
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Employee Count
72
as on Apr 06, 2024
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Products & Services of WorkFusion
WorkFusion offers a comprehensive portfolio of products and services, including AI Agents, Evelyn, Tara, and Evan. 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.
Automate compliance tasks like sanctions screening
Reviews sanctions and PEP alerts for risk mitigation
Handles payment sanction alerts efficiently
Investigates negative news to reduce penalties
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Software Development Team
33 people
Sales and Marketing
13 people
Leadership Team
13 people
Senior Team
10 people
Board Team
5 people
Operations Team
5 people
Human Resources and Administration
3 people
Devops Team
3 people
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Funding Insights of WorkFusion
WorkFusion has successfully raised a total of $410.65M across 11 strategic funding rounds. The most recent funding activity was a Series G round of $45 million completed in September 2025. 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 11
- Last Round Series G — $45.0M
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First Round
First Round
(01 Jun 2011)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series G - WorkFusion | Valuation | Georgian | |
| Feb, 2025 | Amount | Series F - WorkFusion | Valuation |
investors |
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| Sep, 2022 | Amount | Series F - WorkFusion | 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 WorkFusion
WorkFusion has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PNC, NewYork-Presbyterian and Chubb. 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 is provided to expanding B2B software companies.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward growth-stage tech companies.
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies by Inovia Capital.
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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 WorkFusion
| 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 - WorkFusion
| 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 |
Workfusion Comparisons
Competitors of WorkFusion
WorkFusion 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 UiPath, IDnow, Alloy, Parallel Markets and Craft, 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 |
Cloud-based robotic process automation software is developed and provided.
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| domain | founded_year | HQ Location |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Software solutions for private market investors
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| domain | founded_year | HQ Location |
Craft is recognized for providing supply chain resilience solutions.
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| domain | founded_year | HQ Location |
Provides loans, risk management solutions and merchant service 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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Latest news on Workfusion
Frequently Asked Questions about WorkFusion
When was WorkFusion founded?
WorkFusion was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is WorkFusion located?
WorkFusion is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of WorkFusion?
Adam Famularo is the current CEO of WorkFusion.
Is WorkFusion a funded company?
WorkFusion is a funded company, having raised a total of $410.65M across 11 funding rounds to date. The company's 1st funding round was a Series F of $8.81M, raised on Jun 01, 2011.
How many employees does WorkFusion have?
As of Apr 06, 2024, the latest employee count at WorkFusion is 72.
What is the annual revenue of WorkFusion?
Annual revenue of WorkFusion is $823.81K as on Mar 31, 2022.
What does WorkFusion do?
WorkFusion provides robotic process automation and chatbot solutions to automate work processes. It offers a cloud-based platform for automating data collection enrichment and uses machine learning technology to integrate manage automation tools crowd-sourced workers. It enables businesses to understand customer behavior, automate manual work, monitor corporate actions, extract financially relevant data from loan documentation, and monitor collect data from websites. It has use cases in information technology, finance, e-commerce, and retail applications. The platform also enables enterprises to convert their paper documents to a digitized file through OCR and automate the product categorization, source data for algorithm training.
Who are the top competitors of WorkFusion?
WorkFusion's top competitors include IDnow, Craft and Parallel Markets.
What products or services does WorkFusion offer?
WorkFusion offers AI Agents, Evelyn, Tara, and Evan.
Who are WorkFusion's investors?
WorkFusion has 19 investors. Key investors include PNC, NewYork-Presbyterian, Chubb, Georgian, and RTP Global.
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