Workrise

San Francisco, United States Founded: 2014 • Age: 12 yrs Acquired By Takkion
Employee wellness is tracked and managed via a technology platform.
Annual revenue - Latest available
Total funding $869.2M 14 rounds
Employees 1225 Tracked headcount
Investors 18 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Workrise

Workrise is a company based in San Francisco (United States) founded in 2014 by Michael Witte and Xuan Yong was acquired by Takkion in May 2022. Workrise has raised $869.2 million across 14 funding rounds from investors including SVB, General Electric and Baillie Gifford. The company has 1,225 employees as of December 31, 2022. Workrise offers products and services including Vendor Management, Field Services, and Staffing and Payroll. Workrise operates in a competitive market with competitors including Magellan Health, Legion, Thrive Global, WorkJam and LifeSpeak, among others.

  • Headquarter San Francisco, United States
  • Employees 1225 as on 31 Dec, 2022
  • Founders Michael Witte, Xuan Yong
  • Sectors
    Technology
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Rigup, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $869.2 M (USD)

    in 14 rounds

  • Latest Funding Round
    Not available
  • Investors
    SVB

    & 17 more

  • Employee Count
    1225

    as on Dec 31, 2022

  • Acquired by
    Takkion

    (May 06, 2022)

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Products & Services of Workrise

Workrise offers a comprehensive portfolio of products and services, including Vendor Management, Field Services, and Staffing and Payroll.

Product name locked
Category locked
Primary

Platform for sourcing and managing vendors in energy operations.

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Provides transportation and logistics for energy projects.

Product name locked
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Manages recruitment and payroll for energy professionals.

People of Workrise

Headcount 500-1000
Employee Profiles 1
Board Members and Advisors 1
Employee Profiles
People
Mike Witte
Board Member

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Board Members and Advisors
people
Xuan Yong
Co-Founder & Chairman

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Teams

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Funding Insights of Workrise

Workrise has successfully raised a total of $869.2M across 14 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.

Investors in Workrise

Workrise has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, General Electric and Baillie Gifford.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage venture capital investments are focused on US companies.
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Venture capital investments in technology and defense sectors.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investor details for Workrise

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Investments & Acquisitions by Workrise

Investments
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Investment portfolio details for Workrise

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Financial Statements - Workrise

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Detailed financials for Workrise

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Workrise Comparisons

Workrise Primary company
Description
Employee wellness is tracked and managed via a technology pl...
Location
San Francisco, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1,225
As of 2022
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Peer comparison for Workrise

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Competitors of Workrise

Workrise 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 Magellan Health, Legion, Thrive Global, WorkJam and LifeSpeak, among others.

Company Name Domain Founded year HQ Location Description
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Behavioral healthcare management and pharmacy services are provided for employees.
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Workforce management solutions are provided through intelligent automation technology.
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Mental wellbeing coaching platform is provided for enterprises.
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Hourly workforce schedules and communications are managed via software.
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Cloud-based platform for employee wellness
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AI-based workforce management software is offered for diverse industries.
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Detailed competitors of Workrise

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Latest news on Workrise

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Complete news archive for Workrise

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Frequently Asked Questions about Workrise

Workrise was founded in 2014.

Workrise is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Workrise is a funded company, having raised a total of $869.2M across 14 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Workrise is 1,225.

Workrise was founded in 2014 in San Francisco, United States, as an employee wellness tracking and management platform. Behavioral science and machine learning are utilized to measure employee experiences and facilitate actions for improvement. Services are extended to industries including construction, solar, defense, wind, upstream oil and gas, and midstream oil and gas, supporting organizational efforts in employee happiness monitoring.

Workrise's top competitors include WorkJam, Legion and Thrive Global.

Workrise offers Vendor Management, Field Services, and Staffing and Payroll.

Workrise has 18 investors. Key investors include SVB, General Electric, Baillie Gifford, Brookfield Asset Management, and FJ Labs.

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