About Worklete
Worklete is a company based in San Francisco (United States) founded in 2015 was acquired by Stage Fund in January 2022.. Worklete has raised $6.5 million across 3 funding rounds from investors including Trinity Ventures, LaunchCapital and RiverPark Ventures. Worklete offers products and services including SafeWork Sensor and SafeWork Training. Worklete operates in a competitive market with competitors including Emtrain, YellowBird, Amesite, Atana and ProBility, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Worklete, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.5 M (USD)
in 3 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Jun 07, 2018
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Investors
Trinity Ventures
& 9 more
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Employee Count
Employee Count
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Acquired by
Stage Fund
(Jan 26, 2022)
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Products & Services of Worklete
Worklete offers a comprehensive portfolio of products and services, including SafeWork Sensor and SafeWork Training. 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.
Wearable that offers real-time haptic feedback and AI-powered movement data analysis.
AI-based program for personalized microlearning to enhance worker safety practices.
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Funding Insights of Worklete
Worklete has successfully raised a total of $6.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in June 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 3
- Last Round Series A — $6.5M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Worklete | Valuation | Trinity Ventures | |
| Feb, 2017 | Amount | Debt – Conventional - Worklete | Valuation |
investors |
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| May, 2016 | Amount | Seed - Worklete | Valuation | 500 Global |
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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 Worklete
Worklete has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Trinity Ventures, LaunchCapital and RiverPark Ventures. 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 investing in early-stage technology and real estate companies.
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Founded Year | Domain | Location | |
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VC firm investing in seed & early stage companies in the US
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Founded Year | Domain | Location | |
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Venture capital firm backed by RiverPark Funds group
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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 Worklete
| 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 - Worklete
| 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 |
Worklete Comparisons
Competitors of Worklete
Worklete 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 Emtrain, YellowBird, Amesite, Atana and ProBility, 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 |
Compliance training and risk intelligence solutions are provided by Emtrain.
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| domain | founded_year | HQ Location |
Provider of on-demand safety, risk management, and compliance professional network
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| domain | founded_year | HQ Location |
Cloud-based learning platform is offered for colleges and universities.
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| domain | founded_year | HQ Location |
Employee training programs for workplace safety and culture are offered.
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| domain | founded_year | HQ Location |
Online learning platform for companies
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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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Latest news on Worklete
Frequently Asked Questions about Worklete
When was Worklete founded?
Worklete was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Worklete located?
Worklete is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Worklete a funded company?
Worklete is a funded company, having raised a total of $6.5M across 3 funding rounds to date.
What does Worklete do?
Worklete provides training for workers to reduce workplace injuries using the movement and mechanics concepts of strength and conditioning, physical therapy, and sports medicine. It assists enterprises to reduce overexertion and repetitive motion injuries. The company provides proprietary content and scalable training coupled with technology for continuous learning, testing, and tracking to reduce musculoskeletal injuries (MSDs). It aims to reduce expenses from injury claims, workers compensation, and lost time, while simultaneously increasing productivity.
Who are the top competitors of Worklete?
What products or services does Worklete offer?
Worklete offers SafeWork Sensor and SafeWork Training.
Who are Worklete's investors?
Worklete has 10 investors. Key investors include Trinity Ventures, LaunchCapital, RiverPark Ventures, Aspect Ventures, and Kapor Capital.
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