Workiz, a San Diego, California – based home services team management company, raised $40 million in Series C funding.
The round was led by Lead Edge Capital, joined by G squared and La Maison followed by existing investors New Era, Magenta Venture Partners, and Maor Investments.
The company will use the funds to scale its operations while recruiting more talent and growing its customer base.
Company: Workiz Inc.
Raised: $40.0M
Round: Series C
Funding Month: November 2021
Lead Investors: Lead Edge Capital
Additional Investors: G squared, La Maison, New Era, Magenta Venture Partners, and Maor Investments
Company Website: https://www.workiz.com/
Software Category: SaaS platform for home service businesses
About the Company: Workiz provides a SaaS platform for home service businesses across North America to manage their businesses by streamlining back-office operations. Every year, the company processes billions of dollars in transactions, handles millions of incoming and outgoing calls, and serves over 17 million end-users. In addition to the new financing, Workiz is also rolling out a brand-new set of customizable automated features on its platform. Workiz currently has over 80 employees, currently being used by more than 100,000 business professionals throughout the US and Canada.
Source: https://www.finsmes.com/2021/11/workiz-raises-40m-in-series-c-funding.html