About WorkRails
WorkRails is a Technology company based in Huntington (United States) founded in 2016, and 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. Its focus areas include Enterprise Applications, Sales Force Automation, Configure Price Quote and Suite. Its legal entity is WorkRails Inc. Its competitors include PandaDoc, Conga and Apttus; 3 of its 3 listed competitors have raised funding.
Company details
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.
Products & Services of WorkRails
WorkRails offers a comprehensive portfolio of products and services, including Services CPQ and Integrations.
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 $2.3M
- Total Rounds 2
- First Round $2.3M
(Oct 2016)
- Investors Count 5
All 2 funding rounds of WorkRails 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 |
|---|---|---|---|---|---|
| Mar 2020 | Seed | – | Reciprocal Ventures | – | |
| Oct 2016 | $2.3M | Seed | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Reciprocal Ventures is focused on investing in crypto founders. | recvc.com | New York, United States | ||
Venture capital firm focused on crypto infra, and SaaS companies | boldstart.vc | Miami, United States | ||
USA focused VC firm investing in seed and early stage startups | 2010 | lererhippeau.com | New York, United States | |
Investing in early-stage tech companies and ideas. | boxgroup.com | |||
A network-driven venture capital firm based in New York City is operated. | lattice.vc | New York City, USA | ||
Cloud-based time tracking software is offered by BigTime. | 2002 | bigtime.net | Chicago, United States |
Investor details for WorkRails
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of WorkRails
4 dated milestones of WorkRails across 8 years, from founding to its latest funding, stage changes and deals.
- Founded WorkRails is founded.
- Funding First funding round of $2.3M.
- Funding Latest funding round, Seed,.
- Exit Acquired by BigTime.
Competitors of WorkRails
WorkRails has 3 listed competitors in our database, 3 of them funded. They include PandaDoc, Conga and Apttus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pandadoc.com | 2011 | San Francisco, United States | $61.93M | 181 | Document workflows are automated and managed for sales teams. | |
| conga.com | 2006 | Broomfield, United States | $140.09M | 266 | Contract lifecycle management is facilitated via a cloud-based platform. | |
| apttus.com | 2006 | San Mateo, United States | $474.25M | 680 | Quote-to-cash solutions for businesses |
Detailed competitors of WorkRails
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Sales Force Automation
3 companies that operate in the same segment as WorkRails (Sales Force Automation) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Sales prospecting and engagement tools are offered to enterprises. | 2011 | Atlanta, Georgia, United States | USD 246.48 M | 1,121 |
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Related news about Workrails
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Frequently Asked Questions about WorkRails
WorkRails was founded in 2016.
WorkRails is headquartered in Huntington, United States.
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 2016.
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.
WorkRails offers Services CPQ and Integrations.
WorkRails has 6 investors. Key investors include BigTime, Lerer Hippeau, Reciprocal Ventures, Boldstart Ventures, and BoxGroup.
WorkRails operates through Workrails Inc.
Yes. WorkRails was acquired by BigTime in November 2024.