About WorkRails
WorkRails is a company based in Huntington (United States) founded in 2016 was acquired by BigTime in November 2024.. WorkRails has raised $2.3 million across 2 funding rounds from investors including BigTime, Lerer Hippeau and Reciprocal Ventures. WorkRails offers products and services including Services CPQ and Integrations. WorkRails operates in a competitive market with competitors including PandaDoc, Conga, Sigma Systems, Apttus and SteelBrick, among others.
- Headquarter Huntington, United States
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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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- Legal Name Workrails Inc
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Products & Services of WorkRails
WorkRails offers a comprehensive portfolio of products and services, including Services CPQ and Integrations. 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.
Platform for configuring, pricing, and quoting professional services efficiently
Connects with CRMs and ERPs to enhance workflow automation
Funding Insights of WorkRails
WorkRails has successfully raised a total of $2.3M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(07 Oct 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Seed - WorkRails | Valuation | Reciprocal Ventures |
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| Oct, 2016 | Amount | Seed - WorkRails | Valuation |
investors |
| 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 WorkRails
WorkRails has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include BigTime, Lerer Hippeau and Reciprocal 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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Reciprocal Ventures is focused on investing in crypto founders.
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Founded Year | Domain | Location | |
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Venture capital firm focused on crypto infra, and SaaS companies
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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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 WorkRails
| 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 - WorkRails
| 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 |
Workrails Comparisons
Competitors of WorkRails
WorkRails 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 PandaDoc, Conga, Sigma Systems, Apttus and SteelBrick, 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 |
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| domain | founded_year | HQ Location |
Document workflows are automated and managed for sales teams.
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Product, order management, and network provisioning solutions are provided.
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| domain | founded_year | HQ Location |
Quote-to-cash solutions for businesses
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Provider of CPQ application software
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| domain | founded_year | HQ Location |
Cloud-based CPQ and revenue optimization solutions are offered.
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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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Frequently Asked Questions about WorkRails
When was WorkRails founded?
WorkRails was founded in 2016.
Where is WorkRails located?
WorkRails is headquartered in Huntington, United States.
Is WorkRails a funded company?
WorkRails is a funded company, having raised a total of $2.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Oct 07, 2016.
What does WorkRails do?
CPQ solution to address sales, services, subscriptions, upgrades, and renewals. It provides solutions to build SOWs, streamline workflows, manage data tables, and generate quotes. The solution can work standalone as well as integrate with Salesforce. Available on a subscription basis. Notable clients include Veeva, Gainsight, Confluent, Newsela, and Allegis.
Who are the top competitors of WorkRails?
What products or services does WorkRails offer?
WorkRails offers Services CPQ and Integrations.
Who are WorkRails's investors?
WorkRails has 6 investors. Key investors include BigTime, Lerer Hippeau, Reciprocal Ventures, Boldstart Ventures, and BoxGroup.
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