Rise Works Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
50
- Latest Deal Type
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Series A2
- Investors
-
17
Rise Works General Information
Description
Developer of a contractor payment management platform designed for managing international teams. The company's platform supports payments in fiat and cryptocurrencies, automates onboarding and compliance checks, generates compliant agreements, handles tax forms, and offers flexible pay schedules, enabling businesses to streamline payments, ensure compliance, and provide benefits to international contractors.
Contact Information
Website
www.riseworks.ioCorporate Office
- 30799 Pinetree Road
- Suite 211
- Pepper Pike, OH 44124
- United States
Corporate Office
- 30799 Pinetree Road
- Suite 211
- Pepper Pike, OH 44124
- United States
Rise Works Timeline
Rise Works Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series A2) | 24-Oct-2024 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A1) | 16-Oct-2024 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 28-Oct-2023 | $500K | Completed | Generating Revenue | ||
| 1. Early Stage VC | 01-Sep-2023 | $500K | $500K | Completed | Generating Revenue |
Rise Works Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A-2 | ||||||||
| Series A-4 | 1,917,787 | $0.010000 | $0.16 | $0.16 | 1x | $0.16 | 8.13% | |
| Series A-3 | 619,155 | $0.010000 | $0.37 | $0.37 | 1x | $0.37 | 2.63% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Rise Works Comparisons
Industry
Financing
Details
Rise Works Competitors (5)
One of Rise Works’s 5 competitors is Multiplier Technologies, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Multiplier Technologies | Venture Capital-Backed | New York, NY | ||||
| Deel | Venture Capital-Backed | San Francisco, CA | ||||
| Rippling | Venture Capital-Backed | San Francisco, CA | ||||
| Automatic Data Processing | Corporation | Roseland, NJ | ||||
| Remote Technology | Venture Capital-Backed | Wilmington, DE |
Rise Works Patents
Rise Works Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2026120006-A | Retap device | Active | 08-Jan-2025 | ||
| JP-7823947-B1 | Retapping device | Active | 08-Jan-2025 | ||
| EP-4603219-A1 | Foreign matter removal tap | Pending | 01-Sep-2023 | ||
| EP-4603219-A4 | Foreign matter removal tap | Pending | 01-Sep-2023 | ||
| JP-7448107-B1 | Foreign matter removal tap | Active | 01-Sep-2023 | B23G9/009 |
Rise Works Signals
Rise Works Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Frog Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Cosmo Capital | Venture Capital | Minority | ||
| Digital Currency Group | Corporate Venture Capital | Minority | ||
| Hashkey Capital | Corporate Venture Capital | Minority |
Rise Works FAQs
-
When was Rise Works founded?
Rise Works was founded in 2019.
-
Where is Rise Works headquartered?
Rise Works is headquartered in Pepper Pike, OH.
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What is the size of Rise Works?
Rise Works has 50 total employees.
-
What industry is Rise Works in?
Rise Works’s primary industry is Other Financial Services.
-
Is Rise Works a private or public company?
Rise Works is a Private company.
-
What is Rise Works’s current revenue?
The current revenue for Rise Works is .
-
How much funding has Rise Works raised over time?
Rise Works has raised $6.82M.
-
Who are Rise Works’s investors?
Frog Ventures, , Cosmo Capital, Digital Currency Group, and Hashkey Capital are 5 of 17 investors who have invested in Rise Works.
-
Who are Rise Works’s competitors?
Multiplier Technologies, Deel, Rippling, Automatic Data Processing, and Remote Technology are competitors of Rise Works.
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