About Worksphere
Worksphere is a company based in Seattle (United States) founded in 2019 was acquired by Envoy in September 2022.. Worksphere has raised $1.49 million across 4 funding rounds from investors including Envoy, Y Combinator and Ascend. Worksphere operates in a competitive market with competitors including SafetyCulture, Sphera Solutions, Intelex, Urbint and AlertMedia, among others.
- Headquarter Seattle, 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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Funding Insights of Worksphere
Worksphere has successfully raised a total of $1.49M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $380 thousand completed in April 2021. 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 4
- Last Round Seed — $380,000
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First Round
First Round
(02 Dec 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Seed - Worksphere | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - Worksphere | Valuation |
investors |
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| Jan, 2021 | Amount | Seed - Worksphere | Valuation | Y Combinator |
| 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 Worksphere
Worksphere has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Envoy, Y Combinator and Ascend. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Ascend is recognized as a pre-seed venture capital fund based in the Pacific Northwest.
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Founded Year | Domain | Location | |
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Envoy is recognized for providing workplace management solutions.
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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 Worksphere
| 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 - Worksphere
| 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 |
Worksphere Comparisons
Competitors of Worksphere
Worksphere 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 SafetyCulture, Sphera Solutions, Intelex, Urbint and AlertMedia, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital workplace safety tools for inspections and audits are provided.
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| domain | founded_year | HQ Location |
Cloud-based QEHS and operational risk software is provided.
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| domain | founded_year | HQ Location |
EHS and quality management software is provided for manufacturing.
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| domain | founded_year | HQ Location |
AI-driven urban datasets and analysis tools are offered by Urbint.
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| domain | founded_year | HQ Location |
Cloud based emergency communication software for businesses
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| domain | founded_year | HQ Location |
Online courses are delivered for commercial, education, and public sectors.
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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 Worksphere
Frequently Asked Questions about Worksphere
When was Worksphere founded?
Worksphere was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Worksphere located?
Worksphere is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Worksphere a funded company?
Worksphere is a funded company, having raised a total of $1.49M across 4 funding rounds to date. The company's 1st funding round was a Seed of $550K, raised on Dec 02, 2020.
What does Worksphere do?
Worksphere was established in 2019 in Seattle, United States, within the software sector focused on workplace tools. An online platform is operated to support remote teams through features including scheduling, desk reservations, contact tracing, wellness surveys, capacity planning, and workplace analytics. Integration with Google Workspace, Okta, and Microsoft is enabled. Access is structured around a subscription-based pricing model, serving operations across various geographies.
Who are the top competitors of Worksphere?
Worksphere's top competitors include SafetyCulture, AlertMedia and Intelex.
Who are Worksphere's investors?
Worksphere has 3 investors. Key investors include Envoy, Y Combinator, and Ascend.
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