WorkPath

Richmond, United States Founded: 2015 • Age: 11 yrs Acquired By Ro
On-demand platform connecting laboratories, physicians, and phlebotomists

About WorkPath

WorkPath is a Healthcare company based in Richmond (United States) founded in 2015, and was acquired by Ro in December 2020. On-demand platform connecting laboratories, physicians, and phlebotomists. WorkPath has raised $21.83 million across 5 funding rounds from investors including Ro, Structure Capital and Heritage Group. Its chief executive, as recorded, is Eddie Peloke. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems. Its competitors include Hospicelink, Rx Redefined and EasyRx; 3 of its 3 listed competitors have raised funding.

Company details

Workpath, founded in 2015 and based in Richmond, United States, operates in the healthcare diagnostics sector. An on-demand platform is provided to link laboratories, physicians, and phlebotomists. Orders for diagnostic tests are placed by physicians, while tests are conducted and results are shared by laboratories. The full process, from initial requisition to packing and shipping, is managed, with each sample tracked and connected digitally.

Key Metrics
  • Total Equity Funding
    $21.83M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.18M (USD), Series A

    Apr 2019

  • Investors
    Ro

    & 2 more

  • Acquired by
    Ro

    (Dec 2020)

Funding Insights of WorkPath

WorkPath has successfully raised a total of $21.83M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.18 million completed in April 2019. 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 $21.83M
  • Total Rounds 5
  • Last Round Series A β€” $1.18M
  • First Round $3.07M

    (Nov 2015)

  • Investors Count 2

All 5 funding rounds of WorkPath with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2019$1.18MSeries A––
–
Mar 2018$1.5MSeries A––
May 2016$13MSeries A–Heritage Group
–
Jan 2016$3.07MSeries A––
–
Nov 2015$3.07MSeed––
–
Valuation history

3 investors in total: 3 institutional.

Investors in WorkPath

WorkPath has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Ro, Structure Capital and Heritage Group.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Seed and early-stage tech investments in the US are targeted.
structure.vcSan Francisco, United States
Multi-stage tech and life sciences focused venture capital firm investing primarily in the US
heritagegroupusa.comNashville, United States
Digital health services for men's wellness are offered by Ro.
2017ro.coNew York, United States
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Investor details for WorkPath

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People of WorkPath

2 people are tracked at WorkPath (2 in leadership).

NameRoleGroup
Eddie Peloke
CEOLeadership
Johannes Müller
CEOLeadership
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Complete people profiles for WorkPath

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Timeline of WorkPath

4 dated milestones of WorkPath across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded WorkPath is founded.
  2. Funding First funding round of $3.1M.
  3. Funding Latest funding round, Series A, of $1.2M.
  4. Exit Acquired by Ro.

Competitors of WorkPath

WorkPath has 3 listed competitors in our database, 3 of them funded. They include Hospicelink, Rx Redefined and EasyRx.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hospicelink.com2011Birmingham, United States$5.59M
Web-based DME benefit management is provided for hospice companies.
rxredefined.com2017Oakland, United States$35.65M
Supply chain distribution and billing platform provided for healthcare providers.
easyrxcloud.com2018Atlanta, United States$1M19
E-prescriptions for dental practitioners are managed via a specialized platform.
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Detailed competitors of WorkPath

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Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as WorkPath (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Workpath

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Frequently Asked Questions about WorkPath

WorkPath was founded in 2015.

WorkPath is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.

Eddie Peloke is the CEO of WorkPath, as recorded in our data.

WorkPath is a funded company, having raised a total of $21.83M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.07M, raised on Nov 2015.

Workpath, founded in 2015 and based in Richmond, United States, operates in the healthcare diagnostics sector. An on-demand platform is provided to link laboratories, physicians, and phlebotomists. Orders for diagnostic tests are placed by physicians, while tests are conducted and results are shared by laboratories. The full process, from initial requisition to packing and shipping, is managed, with each sample tracked and connected digitally.

WorkPath's top competitors include Rx Redefined, Hospicelink and EasyRx.

WorkPath has 3 investors. Key investors include Ro, Structure Capital, and Heritage Group.

Yes. WorkPath was acquired by Ro in December 2020.

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