About WorkStep
WorkStep is a company based in San Francisco (United States) founded in 2017 by Justin Butler and Dan Johnston.. WorkStep has raised $48.9 million across 3 funding rounds from investors including Prologis, Social Capital and FirstMark. WorkStep has completed 1 acquisition, including WorkHound. WorkStep offers products and services including Employee Engagement Platform and Survey and Analytics Tools. WorkStep operates in a competitive market with competitors including Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage, among others.
- Headquarter San Francisco, United States
- Founders Justin Butler, Dan Johnston
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Workstep Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of WorkStep
WorkStep offers a comprehensive portfolio of products and services, including Employee Engagement Platform and Survey and Analytics Tools. 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.
AI tool for real-time feedback and analytics in frontline operations
Platform for monitoring employee sentiment and productivity metrics
Unlock access to complete
Funding Insights of WorkStep
WorkStep has successfully raised a total of $48.9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in January 2022. 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 3
- Last Round Series B — $25.0M
-
First Round
First Round
(01 Jun 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series B - WorkStep | Valuation | NewRoad Capital Partners | |
| Feb, 2021 | Amount | Series A - WorkStep | Valuation | FirstMark | |
| Jun, 2017 | Amount | Seed - WorkStep | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WorkStep
WorkStep has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Prologis, Social Capital and FirstMark. 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 |
|---|---|---|---|---|
|
An operator-led investment firm focused on smarter commerce solutions.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in multiple sectors by Engage.
|
Founded Year | Domain | Location | |
|
Investments are managed by Quiet Capital in New York.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by WorkStep
WorkStep has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WorkHound. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Mobile platform offering marketplace for drivers
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - WorkStep
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Workstep Comparisons
Competitors of WorkStep
WorkStep 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 Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage, 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 |
Employee experience management platform
|
|
| domain | founded_year | HQ Location |
Employee engagement is supported through interactive assessments and polls.
|
|
| domain | founded_year | HQ Location |
Employee benefits and engagement are delivered via a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Employee engagement software is provided for performance management and recognition.
|
|
| domain | founded_year | HQ Location |
Employee Engagement Platform
|
|
| domain | founded_year | HQ Location |
Digital engagement and no-code application development platform
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Workstep
Frequently Asked Questions about WorkStep
When was WorkStep founded?
WorkStep was founded in 2017.
Where is WorkStep located?
WorkStep is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of WorkStep?
Dan Johnston is the current CEO of WorkStep. They have also founded this company.
Is WorkStep a funded company?
WorkStep is a funded company, having raised a total of $48.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6.7M, raised on Jun 01, 2017.
What does WorkStep do?
WorkStep was founded in 2017 in San Francisco, United States, as a provider of an employee analytics and engagement platform. Modules for workforce analytics, engagement, retention, feedback surveys, and communication management are included. Capabilities such as AI-assisted sentiment analysis, keyword search, and report generation are offered. The platform supports operational effectiveness in industries including manufacturing, retail, hospitality, and healthcare. Subscription-based pricing is utilized.
Who are the top competitors of WorkStep?
WorkStep's top competitors include Culture Amp, Vantage Circle and Reward Gateway.
What products or services does WorkStep offer?
WorkStep offers Employee Engagement Platform and Survey and Analytics Tools.
How many acquisitions has WorkStep made?
WorkStep has made 1 acquisition, including WorkHound.
Who are WorkStep's investors?
WorkStep has 7 investors. Key investors include Prologis, Social Capital, FirstMark, NewRoad Capital Partners, and Engage.