About Workterra
Workterra is a company based in West Des Moines (United States) founded in 2005 was acquired by Businessolver in October 2022.. Workterra offers products and services including Workterra, Benefitsolver, MyChoice Accounts, and Compliance Dashboard. Workterra operates in a competitive market with competitors including Workday, Freshworks, Sedgwick, Kronos and Sage Group, among others.
- Headquarter West Des Moines, United States
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Sectors
TechnologyBusiness 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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Latest Funding Round
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Investors
Businessolver
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Employee Count
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Products & Services of Workterra
Workterra offers a comprehensive portfolio of products and services, including Workterra, Benefitsolver, MyChoice Accounts, and Compliance Dashboard. 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.
Platform for simplifying HR benefits enrollment and compliance
System for managing benefits administration and employee engagement
Tools for administering consumer benefit accounts securely
Dashboard for tracking federal and state regulatory requirements
Funding Insights of Workterra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Workterra
Workterra has secured backing from 2 investors. Prominent investors backing the company include Businessolver and CareerBuilder. 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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Cloud-based employee benefits administration solutions are delivered.
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Founded Year | Domain | Location | |
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Online job board services are offered to employers and seekers.
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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 Workterra
| 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 - Workterra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Workterra Comparisons
Competitors of Workterra
Workterra 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 Workday, Freshworks, Sedgwick, Kronos and Sage Group, 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 |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Claims administration, loss adjusting, and benefits management services are provided.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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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 Workterra
Frequently Asked Questions about Workterra
When was Workterra founded?
Workterra was founded in 2005.
Where is Workterra located?
Workterra is headquartered in West Des Moines, United States. It is registered at West Des Moines, Iowa, United States.
What does Workterra do?
Workterra was established in 2005 and is headquartered in West Des Moines, United States. A cloud-based platform is operated to support human resources management systems (HRMS). Core services are centered on streamlining HR functions through software solutions accessible via the internet. The company serves organizations in the HR technology sector, with operations managed from its U.S. base to facilitate global access.
Who are the top competitors of Workterra?
Workterra's top competitors include Workday, Freshworks and Sage Group.
What products or services does Workterra offer?
Workterra offers Workterra, Benefitsolver, MyChoice Accounts, and Compliance Dashboard.
Who are Workterra's investors?
Workterra has 2 investors. Key investors include Businessolver, and CareerBuilder.
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