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WorkFusion
Intelligent process automation software
- 201-500 employees
- Fintech
- B2B
- Artificial Intelligence
- Enterprise
- SaaS
- Automation
- Financial District, New York, NY
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Company mission
WorkFusion's mission is to accelerate the world’s transition to more meaningful work.
-4% employee growth in 12 months
Our take
Is AI coming for your job? According to Adam Famularo, WorkFusion's CEO, it probably is. But that isn't necessarily (or even probably) a bad thing: as a tool, AI is capable of relieving people of a lot of the fiddly but repetitive work we spend a lot of our days doing, freeing us up for more productive tasks.
WorkFusion combines AI, automation, analytics and optical character recognition into a single package that can augment workers dealing with repetitive processes that previously needed human attention. While this kind of intelligent process automation has grown into a big business in recent years - Automotion Anywhere and Blue Prism have secured large amounts of funding, and IBM and Microsoft have made major acquisitions in this area - WorkFusion's specialization in the banking and insurance sectors with their unique compliance needs helps it stand out.
Having secured a large amount of funding at a valuation exceeding $1 billion in 2021, and a customer base including the likes of Deutsche Bank, Hewlett Packard Enterprise and ScotiaBank, WorkFusion is working towards expanding its client base and expanding its headcount as it aims to extend its market lead in this sector.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Employee financial assistance programs
- Work from home opportunities
- Comprehensive health coverage
- Home office and communications reimbursements
Company values
- Customer First
- Act with Urgency
- Accountable for Real Results
- Celebrate Success and Learn from Failure
- Innovation Everywhere
Funding (last 2 of 8 rounds)
Mar 2021
$220m
SERIES F
Apr 2018
$50m
SERIES E
Total funding: $343.6m
This company has top investors
Leadership
Adam Famularo
(CEO, not founder)Was previously CEO of erwin and Vice President, Global Channels for Verizon Enterprise Solutions. Before that was Senior Vice President, Partner Sales at CA Technologies.