WorkFusion

WorkFusion

WorkFusion is a New York-based software company that provides a platform with Robotic Process Automation(RPA) and Artificial Intelligence (AI).

History

WorkFusion founded in 2011 by Max Yankelevich and Andrew Volkov at MIT’s Computer Science and Artificial Intelligence Lab (CSAIL) to provide software-as-a-service automation products an elastic, on-demand capability with the Automation Cloud. Special driven in Providing solutions to the Banking, Health Care, and Insurance sector companies. Especially WorkFusion works on AI Bots it is called as Robotic Process Automation (RPA) without using long codes in the program.

Recognition

On April 5th, 2018 WorkFusion raised a $50 million Series E round of funding. The company also added new strategic investors.

In June 2018, Forrester placed WorkFusion as strong performer in the 2nd annual Forrester Wave for Robotic Process Automation.In July 2018, WorkFusion was named Best Application of AI in Financial Services at the Alconics Awards in London.

Timeline

Funding rounds

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Funding type
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Investment
WorkFusion funding round, April 2018
Series E round
50,000,000
April 2018
Hawk Equity
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