Workarea Overview
- Year Founded
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1994
- Status
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Acquired/Merged
- Employees
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20
- Latest Deal Type
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M&A
- Latest Deal Amount
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$200K
Workarea General Information
Description
Developer of an enterprise commerce platform built to combine commerce, content management, search and merchant insights in one open-source platform. The company's platform combines enterprise B2C and B2B commerce functionality with robust content management, site search and merchant insights, providing businesses with unprecedented control and creativity and thus a competitive edge.
Contact Information
Website
www.workarea.com(Operating Subsidiary)
Corporate Office
- 22 South 3rd Street
- 2nd Floor
- Philadelphia, PA 19106
- United States
Corporate Office
- 22 South 3rd Street
- 2nd Floor
- Philadelphia, PA 19106
- United States
Workarea Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 29-Jan-2021 | $200K | Completed | Generating Revenue | ||
5. Debt - General | 31-Jul-2018 | Completed | Generating Revenue | |||
4. Mezzanine | 14-Aug-2017 | Completed | Generating Revenue | |||
3. Debt - General | 01-Jan-2017 | Completed | Generating Revenue | |||
2. Later Stage VC (Series A1) | 20-Jan-2016 | $5M | $11M | Completed | Generating Revenue | |
1. Later Stage VC (Series A) | 19-Aug-2014 | $6M | $6M | Completed | Generating Revenue |
Workarea Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A1 | ||||||||
Series A |
Workarea Comparisons
Industry
Financing
Details
Workarea Competitors (35)
One of Workarea’s 35 competitors is Salesforce, a Formerly VC-backed company based in San Francisco, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Salesforce | Formerly VC-backed | San Francisco, CA | ||||
Linnworks | Private Equity-Backed | Chichester, United Kingdom | ||||
LS Retail | Private Equity-Backed | Kopavogur, Iceland | ||||
Kibo Software | Private Equity-Backed | Austin, TX | ||||
Volusion | Private Equity-Backed | Austin, TX |
Workarea Patents
Workarea Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20130325612-A1 | Methods and systems for interfacing e-commerce platforms with brick and mortar presences | Inactive | 04-Jun-2012 |
Workarea Signals
Workarea Former Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Horizon Technology Finance BDC | Lender/Debt Provider | Minority | ||
Safeguard Scientifics | Growth/Expansion | Minority |
Workarea Acquisitions (1)
Workarea’s most recent deal was a Merger/Acquisition with Orderbot. The deal was made on 10-Mar-2016.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Orderbot | 10-Mar-2016 | Merger/Acquisition | Business/Productivity Software |
Workarea FAQs
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When was Workarea founded?
Workarea was founded in 1994.
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Where is Workarea headquartered?
Workarea is headquartered in Philadelphia, PA.
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What is the size of Workarea?
Workarea has 20 total employees.
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What industry is Workarea in?
Workarea’s primary industry is Business/Productivity Software.
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Is Workarea a private or public company?
Workarea is a Private company.
-
What is the current valuation of Workarea?
The current valuation of Workarea is
. -
What is Workarea’s current revenue?
The current revenue for Workarea is
. -
How much funding has Workarea raised over time?
Workarea has raised $23M.
-
Who are Workarea’s investors?
Horizon Technology Finance BDC and Safeguard Scientifics have invested in Workarea.
-
Who are Workarea’s competitors?
Salesforce, Linnworks, LS Retail, Kibo Software, and Volusion are some of the 35 competitors of Workarea.
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When was Workarea acquired?
Workarea was acquired on 29-Jan-2021.
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Who acquired Workarea?
Workarea was acquired by VTEX.
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