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WorkFusion Raised $220 Million in Series F Funding

by sol-admin

WorkFusion is a New York-based software company that provides a platform with Robotic Process Automation (RPA) and Artificial Intelligence (AI). In 2020, the company became the 4th leader in Gartner’s RPA Magic Quadrant alongside UiPath, Blue Prism, and Automation Anywhere.

Yesterday, Workfusion announced it has secured a $220 million late-stage funding round led by investment firm Georgian, a leading fintech company investing in high-growth technology companies. By now, the startup has raised more than $300 million and the new investment further validates the company’s vision and success and accelerates its leadership trajectory in the world’s fastest-growing software segment.

Georgian’s investment reflects the shared vision of two companies targeting sustained growth and value creation with forward-thinking technology. This vision, which revolves around customer success in key operating areas, harnesses the latest in AI, intelligent document processing, trust, and analytics to bring meaningful change to current and future customers.

WorkFusion has reached an inflection point of success in terms of product and market readiness. The opportunity to transform enterprise operations through Intelligent Automation is massive, and WorkFusion is in the leading position to do so. We are thrilled to continue to work with WorkFusion as they scale and impact traditional industries with their market-leading process automation platform.”

Emily Walsh, Lead Investor at Georgian