About Wurk
Wurk is a company based in Denver (United States) founded in 2015.. Wurk has raised $26.73 million across 5 funding rounds from investors including Poseidon Asset Management, Salveo Capital and Phyto Partners. The company has 79 employees as of December 31, 2022. Wurk offers products and services including Payroll Software, HR Software, Scheduling Software, and Timekeeping Software. Wurk operates in a competitive market with competitors including Workday, Kronos, Darwinbox, Sage Group and People Strong, among others.
- Headquarter Denver, United States
- Employees 79 as on 31 Dec, 2022
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$149.77 K (USD)16as on Dec 31, 2023
-
Net Profit
$9.53 K (USD)331as on Dec 31, 2023
-
EBITDA
-
Total Equity Funding
$26.73 M (USD)
in 5 rounds
-
Latest Funding Round
$19.48 M (USD), Series B
Mar 26, 2020
-
Investors
Poseidon Asset Management
& 6 more
-
Employee Count
79
as on Dec 31, 2022
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 Wurk
Wurk offers a comprehensive portfolio of products and services, including Payroll Software, HR Software, Scheduling Software, and Timekeeping Software. 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.
Manages payroll for cannabis businesses with compliance tools.
Handles recruiting and human resources for cannabis firms.
Facilitates employee scheduling in the cannabis sector.
Monitors employee hours for cannabis industry compliance.
Unlock access to complete
Funding Insights of Wurk
Wurk has successfully raised a total of $26.73M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $19.48 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 5
- Last Round Series B — $19.5M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - Wurk | Valuation | Poseidon Asset Management , Arcadian Capital | |
| Apr, 2018 | Amount | Seed - Wurk | Valuation | Poseidon Asset Management | |
| Mar, 2017 | Amount | Seed - Wurk | Valuation | Poseidon Asset Management |
| 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 Wurk
Wurk has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Poseidon Asset Management, Salveo Capital and Phyto Partners. 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 |
|---|---|---|---|---|
|
Investment management services are provided in the cannabis sector.
|
Founded Year | Domain | Location | |
|
Salveo Capital is focused on funding cannabis industry ventures.
|
Founded Year | Domain | Location | |
|
Investment opportunities in neurowellness and cannabis industries are provided.
|
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 Wurk
| 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 |
Financial Statements - Wurk
| 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 |
Wurk Comparisons
Competitors of Wurk
Wurk 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, Kronos, Darwinbox, Sage Group and People Strong, 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 |
Cloud-based HR and financial software is delivered to enterprises.
|
|
| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
|
|
| domain | founded_year | HQ Location |
Human capital management platform is provided for HR process automation.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
|
|
| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
|
| 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 Wurk
Frequently Asked Questions about Wurk
When was Wurk founded?
Wurk was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Wurk located?
Wurk is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is Wurk a funded company?
Wurk is a funded company, having raised a total of $26.73M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 01, 2016.
How many employees does Wurk have?
As of Dec 31, 2022, the latest employee count at Wurk is 79.
What is the annual revenue of Wurk?
Annual revenue of Wurk is $149.77K as on Dec 31, 2023.
What does Wurk do?
Wurk was founded in 2015 in Denver, United States, focusing on HR solutions for the cannabis sector. Recruitment, onboarding, employee management, and performance evaluation are facilitated through a unified platform. Payroll automation, ACA compliance, time tracking, and centralized HR communication tools are integrated. Partnerships with Taxbreak and SmartSuite are established, with the platform utilized by over 30,000 employees across operations.
Who are the top competitors of Wurk?
Wurk's top competitors include Workday, SuccessFactors and Sage Group.
What products or services does Wurk offer?
Wurk offers Payroll Software, HR Software, Scheduling Software, and Timekeeping Software.
Who are Wurk's investors?
Wurk has 7 investors. Key investors include Poseidon Asset Management, Salveo Capital, Phyto Partners, The Arcview Group, and Altitude Investment Management.