About WorkingPoint
WorkingPoint is a company based in San Francisco (United States) founded in 2005 was acquired by OpenTransact in November 2014. WorkingPoint has raised $16.12 million across 4 funding rounds from investors including OpenTransact and CMEA Capital. WorkingPoint offers products and services including Accounting Software, Invoicing Tool, Expense Management, and Contact Management. WorkingPoint operates in a competitive market with competitors including Intuit, Visma, Wave, Xero and FreshBooks, among others.
- Headquarter San Francisco, United States
- SectorsTechnology
- Website workingpoint.com
- Social LinkedIn X Facebook
- Acquired by OpenTransact (Nov 2014)
- Legal Name Workingpoint, Inc.
- Total Equity Funding$16.12M (USD)
in 4 rounds
- Latest Funding Round$187.63K (USD), Series B
Apr 2012
- InvestorsOpenTransact
& 1 more
- Acquired byOpenTransact
(Nov 2014)
Products & Services of WorkingPoint
WorkingPoint offers a comprehensive portfolio of products and services, including Accounting Software, Invoicing Tool, Expense Management, and Contact Management.
Software for managing small business finances and reporting.
Tool for creating and sending invoices to customers.
System for tracking and categorizing business expenses.
Platform for storing and organizing customer information.
Funding Insights of WorkingPoint
WorkingPoint has successfully raised a total of $16.12M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $187.63 thousand completed in April 2012. 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 $16.12M
- Total Rounds 4
- Last Round Series B — $187,632
- First Round $6.67M
(Mar 2009)
- Investors Count 1
All 4 funding rounds of WorkingPoint 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 |
|---|---|---|---|---|---|
| Apr 2012 | $187,632 | Series B | – | CMEA Capital | – |
| Aug 2010 | $200,000 | Series B | – | – | – |
| Apr 2010 | $9.07M | Series B | – | – | – |
| Mar 2009 | $6.67M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in WorkingPoint
WorkingPoint has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include OpenTransact and CMEA Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | cmea.com | - | |
Diversified payment solutions are provided for business operations. | 2010 | opentransact.com | New York, United States |
Investor details for WorkingPoint
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.
Timeline of WorkingPoint
4 dated milestones of WorkingPoint across 9 years, from founding to its latest funding, stage changes and deals.
- Founded WorkingPoint is founded.
- Funding First funding round of $6.7M.
- Funding Latest funding round, Series B, of $188K.
- Exit Acquired by OpenTransact.
Competitors of WorkingPoint
WorkingPoint 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 Intuit, Visma, Wave, Xero and FreshBooks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| pennylane.com | 2020 | Paris, France | $237.4M | – | Cloud-based accounting and financial management solutions are provided for businesses. |
Detailed competitors of WorkingPoint
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of WorkingPoint
Websites that share an audience with WorkingPoint (workingpoint.com).
Websites whose visitors overlap most with WorkingPoint. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
voltagenewmedia.com | voltagenewmedia.com | 100% | – | #14,121,021 | – |
| freshbooks.com | 88% | 2.7M | #16,539 | View details | |
| gnucash.org | 87% | – | #266,427 | View details | |
quickbooks.intuit.com | quickbooks.intuit.com | 77% | – | – | – |
| yendo.com | 69% | 364.1K | #65,006 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for WorkingPoint
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Workingpoint
Complete news archive for WorkingPoint
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to WorkingPoint
10 companies that operate in the same segment as WorkingPoint (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about WorkingPoint
WorkingPoint was founded in 2005 and raised its 1st funding round 4 years after it was founded.
WorkingPoint is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
WorkingPoint is a funded company, having raised a total of $16.12M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.67M, raised on Mar 2009.
WorkingPoint was founded in 2005 as a web-based SaaS platform in the financial software sector. Integrated tools for bookkeeping, invoicing, sales, customer relationship management, and inventory are provided to small businesses and sole proprietorships in the United States. Operations are based in San Francisco, with venture backing from CMEA, focusing on streamlined business functions for efficiency.
WorkingPoint offers Accounting Software, Invoicing Tool, Expense Management, and Contact Management.
WorkingPoint has 2 investors. Key investors include OpenTransact, and CMEA Capital.
WorkingPoint operates through Workingpoint, Inc..
Yes. WorkingPoint was acquired by OpenTransact in November 2014.