About WorkFusion
WorkFusion offers AI digital workforce solutions that automate complex job roles in the banking and financial services sectors, focusing on tasks like anti-money laundering (AML) and Know Your Customer (KYC) processes. Their pre-built AI Digital Workers handle repetitive tasks, allowing human employees to focus on higher-value work, which improves efficiency and reduces outsourcing needs. The company also provides a no-code platform, Work.AI, that enables businesses to create customized AI Digital Workers, integrating AI and machine learning for comprehensive job automation. WorkFusion aims to enhance compliance, reduce costs, and improve employee and customer experiences through effective automation.
New York City, New YorkHeadquarters
2010Year Founded
$334.2MTotal Funding
SERIES_FCompany Stage
AI & Machine Learning, Financial ServicesIndustries
201-500Employees
Benefits
Comprehensive health coverage
Home office and communications reimbursements
Employee financial assistance programs
Risks
Emerging AI startups may offer cheaper alternatives, threatening WorkFusion's market share.
Rapid AI advancements require WorkFusion to innovate continuously to stay competitive.
Data privacy concerns in banking could impact WorkFusion's client trust.
Differentiation
WorkFusion's AI Digital Workers are pre-built, reducing setup time for businesses.
The Work.AI platform allows non-technical users to create AI solutions easily.
WorkFusion specializes in banking compliance, offering tailored solutions for AML and KYC.
Upsides
Growing demand for AI compliance solutions boosts WorkFusion's market potential.
Partnerships with firms like Thomson Reuters expand WorkFusion's market reach.
Recognition as a leader in IDP enhances WorkFusion's industry credibility.
Funding
Total raised$334.23 M
Latest valuation$1.10 B
StageSERIES_F
SERIES F
2/28/2021$220
$1.10 BSERIES D
12/31/2016$35
$175.00 M$14
$70.00 MSERIES B
3/31/2014$15
$75.00 MSERIES A
6/30/2013$5
$25.00 MSEED
1/31/2012$2
$11.50 M