Workiz Raises $40M On A Surge Of Interest For Productivity Tools Aimed At Home Service Teams
11/17/21, 12:59 PM
Location
Money raised
$40 million
We may hear a lot about how big businesses are undergoing digital transformation, but the trend isn’t exclusively limited to them, and today a startup that’s building better productivity tools for a very offline part of the working world — home services professionals — is announcing a growth round on the heels of strong demand for its technology.
Company Info
Location
tel aviv, tel aviv district, israel
Additional Info
We may hear a lot about how big businesses are undergoing digital transformation, but the trend isn’t exclusively limited to them, and today a startup that’s building better productivity tools for a very offline part of the working world — home services professionals — is announcing a growth round on the heels of strong demand for its technology. This should not be too much of a surprise given that Azaria said that the company grew over 200% in its core market in the last 24 months, with net retention rates of 180%. The company is building more tools for workers to be able to create their own workflows, where they can “set and forget” different actions around, say, invoicing and subsequently chasing those invoices; or setting up appointments automatically based on the clients’ and the pro’s availabilities. “The company’s rapidly growing roster of customers is a testament to the advantage that Workiz provides to any home service team, and we are excited for the next high growth chapters as the company delivers its innovative products across the service management industry.”