About Worksmith
Worksmith is a company based in Austin (United States) founded in 2015. It operates as a SaaS (Software-as-a-Service), and Managed Services. Worksmith has raised $3.8 million across 1 funding round. Worksmith offers products and services including Facilities & Experience Management Software, Repairs & Maintenance, Commercial Cleaning, and Garment & Linen Care. Worksmith operates in a competitive market with competitors including Managed by Q, Genie Bazaar, AmenityLink, Just Holler and Acility, among others.
- Headquarter Austin, United States
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Sectors
Business Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.8 M (USD)
in 1 rounds
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Latest Funding Round
$3.8 M (USD), Seed
Mar 27, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of Worksmith
Worksmith offers a comprehensive portfolio of products and services, including Facilities & Experience Management Software, Repairs & Maintenance, Commercial Cleaning, and Garment & Linen Care. 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.
Software for managing commercial facilities and experiences efficiently.
Services for emergency and preventative maintenance needs.
Specialty cleaning and sanitization services for businesses.
Dry cleaning and laundry services for commercial clients.
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Funding Insights of Worksmith
Worksmith has successfully raised a total of $3.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.8 million completed in March 2020. 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 1
- Last Round Seed — $3.8M
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First Round
First Round
(27 Mar 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Seed - Worksmith | Valuation |
investors |
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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 |
Investments & Acquisitions by Worksmith
| 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 - Worksmith
| 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 |
Worksmith Comparisons
Competitors of Worksmith
Worksmith 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 Managed by Q, Genie Bazaar, AmenityLink, Just Holler and Acility, 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 |
Platform providing cleaners, assistants, helpers, and handymen for office space
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Hosts a digital marketplace for discovering and booking local services.
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| domain | founded_year | HQ Location |
Operates an online platform connecting users with concierge service providers.
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| domain | founded_year | HQ Location |
App-based platform for repairing restaurant equipment such as cookers and air conditioners.
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| domain | founded_year | HQ Location |
Delivers comprehensive facility maintenance and property management services.
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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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Latest news on Worksmith
Frequently Asked Questions about Worksmith
When was Worksmith founded?
Worksmith was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Worksmith located?
Worksmith is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Worksmith a funded company?
Worksmith is a funded company, having raised a total of $3.8M across 1 funding round to date. The company's 1st funding round was a Seed of $3.8M, raised on Mar 27, 2020.
What does Worksmith do?
Worksmith is established as a provider of facilities and experience management software, catering to commercial tenants and property managers. The platform is designed to connect users with local service providers for various needs such as repairs, maintenance, commercial cleaning, and garment care. Solutions are offered across sectors like retail and commercial real estate, enabling efficient management of operational spend and facility requirements through a unified software interface.
Who are the top competitors of Worksmith?
Worksmith's top competitors include Managed by Q, Genie Bazaar and AmenityLink.
What products or services does Worksmith offer?
Worksmith offers Facilities & Experience Management Software, Repairs & Maintenance, Commercial Cleaning, and Garment & Linen Care.
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