WorkRails Raises $2.3M Seed Round
NEW YORK, NY, Software platform to make professional services accessible from within enterprise cloud applications, announces today that the company has raised $2.3M.
WorkRails, the first software platform to make professional services accessible from within enterprise cloud applications, announces today that the company has raised $2.3 million dollars. The seed round was led by Boldstart Ventures and includes funding from Lerer Hippeau Ventures, BoxGroup, and Lattice Ventures. Eliot Durbin from Boldstart will be joining the Board of Directors. Founded in early 2016, WorkRails uniquely allows software companies to embed consulting access as an application feature, making it easy, scalable and profitable to offer professional services.
'Millions of people use cloud-based enterprise applications to do their jobs. When the need arises to hire consultants and service professionals with application-specific expertise, it becomes a manual and time-intensive process to find, hire, and work with the right expert,' says CEO and Co-Founder Jeffrey Leventhal. 'WorkRails provides embedded technology that more directly connects talent with the applications they service. Not only do I believe this will transform the $700 billion software-related professional services industry, but ultimately this will provide a more productive and seamless customer experience (CX) with experts accessible precisely when and where needed.'
Central to WorkRails is the Talent Cloud, which provides application users with access to a company-curated network of consultants. The platform allows clients and consultants to collaborate in real time as they discuss, agree and work on projects. WorkRails also provides the functionality to track milestones, progress and budget, while providing insight and analytics on the most in-demand services and providers. WorkRails is currently in private beta with several top enterprise applications.
WorkRails is born from the vision of CEO Jeffrey Leventhal, an entrepreneur with a track record of building scalable IT and HCM SaaS companies. Jeff was most recently the Founder and CEO of enterprise freelancer management platform Work Market, where he remains a Board Director. Prior to that, Mr. Leventhal founded OnForce (acquired by Adecco), Lansafe Network Services, Remote Lojix (acquired by AvTel Communications) and Spinback (acquired by Buddy Media/Salesforce.com).
'Jeff Leventhal's background and vision for transforming the technology professional services landscape is what initially drew us to WorkRails,' states Taylor Green, Partner at Lerer Hippeau. 'WorkRails provides a much stronger engagement model for technology professional services, and we believe it will serve as the blueprint for the transformation of the professional services labor markets. The time is right for this idea, and Jeff and his team are the ones to make it happen.'
For more information about WorkRails or to join the private beta, please visit http://workrails.com/.
About WorkRails: WorkRails is the first software platform to make professional services accessible from within enterprise cloud applications. The company launched in 2016 in private beta and is based in Huntington, NY.
About BOLDstart Ventures: BOLDstart Ventures is a first check investor for enterprise founders. Partners Ed Sim and Eliot Durbin have over 50 years of combined experience leading seed rounds in LivePerson, GoToMeeting (sold to Citrix), and Greenplum (sold to EMC). Founded in 2010, BOLDstart has backed over 50 enterprise startups like BigID, Security Scorecard, snyk.io, kustomer, catalytic, divide (sold to Google), goinstant (sold to salesforce), blaze (sold to Akamai), and rapportive (sold to LinkedIn). See more about us and our full portfolio @http://www.boldstart.vc and @boldstartvc.
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