About WorkGenius
WorkGenius is a company based in Hamburg (Germany) founded in 2011.. WorkGenius has raised $20.67 million across 3 funding rounds from investors including Axel Sven Springer, John Jahr and Oliver Heine. The company has 8 employees as of December 31, 2021. WorkGenius has completed 4 acquisitions, including ExpertLead, JBC and JBC Companies. WorkGenius offers products and services including Direct Sourcing, Talk to a Recruiter, and Freelancer Management System. WorkGenius operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.
- Headquarter Hamburg, Germany
- Employees 8 as on 31 Dec, 2021
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Sectors
Technology
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Email
***********
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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
$20.67 M (USD)
in 3 rounds
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Latest Funding Round
$7 M (USD), Angel Round
Feb 24, 2020
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Investors
& 2 more
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Employee Count
8
as on Dec 31, 2021
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Investments & Acquisitions
ExpertLead
& 3 more
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Products & Services of WorkGenius
WorkGenius offers a comprehensive portfolio of products and services, including Direct Sourcing, Talk to a Recruiter, and Freelancer Management 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.
Interface for posting jobs and selecting freelancers based on AI insights.
Personalized recruiter assistance for finding suitable freelance talent.
System for managing payroll, onboarding, and compliance for freelancers.
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Funding Insights of WorkGenius
WorkGenius has successfully raised a total of $20.67M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $7 million completed in February 2020. 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 Angel Round — $7.0M
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First Round
First Round
(12 Aug 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2020 | Amount | Angel Round - WorkGenius | Valuation | Axel Sven Springer , John Jahr |
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| Nov, 2018 | Amount | Series A - WorkGenius | Valuation |
investors |
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| Aug, 2017 | Amount | Angel Round - WorkGenius | Valuation | John Jahr , Axel Sven Springer |
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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 WorkGenius
WorkGenius has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Axel Sven Springer, John Jahr and Oliver Heine. 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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AS
Axel Sven Springer |
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Founded Year | Domain | Location |
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JJ
John Jahr |
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Founded Year | Domain | Location |
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OH
Oliver Heine |
Angel investor and entrepreneur, co-founder of eny Finance, based in Switzerland and India.
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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 WorkGenius
WorkGenius has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ExpertLead, JBC and JBC Companies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Tech freelancers are recruited via pre-assessed job postings.
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2018 | ||||
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Online jobs portal for multiple industries
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2015 | ||||
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Online job portal services are facilitated by JBC.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - WorkGenius
| 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 |
Workgenius Comparisons
Competitors of WorkGenius
WorkGenius 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 Upwork, Fiverr, Iziwork, Freelancer and Malt, 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 |
Businesses are connected with freelancers via an online marketplace.
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| domain | founded_year | HQ Location |
Freelance services are facilitated via an online multi-industry marketplace.
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| domain | founded_year | HQ Location |
Freelancers are matched with employers via an online job platform.
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| domain | founded_year | HQ Location |
An online marketplace is operated for freelancers in various industries.
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| domain | founded_year | HQ Location |
Freelance marketplace operated to connect experts with company projects.
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| domain | founded_year | HQ Location |
Freelancers are matched with clients via an online services 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 Workgenius
Frequently Asked Questions about WorkGenius
When was WorkGenius founded?
WorkGenius was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is WorkGenius located?
WorkGenius is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Is WorkGenius a funded company?
WorkGenius is a funded company, having raised a total of $20.67M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $4.1M, raised on Aug 12, 2017.
How many employees does WorkGenius have?
As of Dec 31, 2021, the latest employee count at WorkGenius is 8.
What does WorkGenius do?
WorkGenius was established in 2011 in Hamburg, Germany, as a platform in the freelance services sector. Enterprises are connected to specialists in translation, content creation, data analysis, SEO, graphic design, research, and related fields. Freelancer selection processes are facilitated, along with intellectual property transfers, invoicing, and project delivery management. The service operates through an online domain to streamline hiring for various professional needs.
Who are the top competitors of WorkGenius?
WorkGenius's top competitors include Upwork, Fiverr and Freelancer.
What products or services does WorkGenius offer?
WorkGenius offers Direct Sourcing, Talk to a Recruiter, and Freelancer Management System.
How many acquisitions has WorkGenius made?
WorkGenius has made 4 acquisitions, including ExpertLead, JBC, and JBC Companies.
Who are WorkGenius's investors?
WorkGenius has 3 investors. Key investors include Axel Sven Springer, John Jahr, and Oliver Heine.
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