WorkRails

company

About

WorkRails Services CPQ simplifies the selling of professional services with the power of automation.

  • 11 - 50

Details

Last Funding Type
Convertable Note
Last Funding Money Raised
$0.90M
Industries
Enterprise Software,Information Technology,Professional Services,SaaS,Software
Founded date
Dec 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

WorkRails Services CPQ helps companies build professional services quotes quickly and easily. WorkRails is ideal for teams who sell complex services but struggle with accuracy and timeliness.

WorkRails services CPQ platform standardizes how services are sold, allowing for repeatability, scale and revenue acceleration. WorkRails breaks down the silos between Sales, Professional Services, and their Clients, connect to other systems of record, eliminate double entry and errors , and makes selling easy.

With over $500mm in Professional Services quotes built directly on the platform, enterprise SaaS companies look to WorkRails to optimize and simplify their services selling process. With tens of thousands of SOWs automated, teams are now cutting creation time from weeks to hours; reducing overall sales cycle times, increasing product adoption and lowering churn.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$4.71M
WorkRails has raised a total of $4.71M in funding over 2 rounds. Their latest funding was raised on Mar 10, 2020 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 10, 2020 Seed $1.51M 2 Reciprocal Ventures Detail
Dec 29, 2017 Convertable Note $0.90M 1 Detail
Oct 7, 2016 Seed $2.30M 1 Boldstart Ventures Detail

Investors

Number of Lead Investors
Number of Investors
2
2
WorkRails is funded by 2 investors. Reciprocal Ventures and Boldstart Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Reciprocal Ventures Yes Seed
Boldstart Ventures Seed