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New Deal


Announced

Completed

Baillie Gifford led a $300m Series E round in Workrise.

Financials

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Transaction Value£211m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Minority

Friendly

Acquisition

Venture Capital

United States

Software

Private

Single Bidder

workforce management solutions

Domestic

Completed

Synopsis

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Baillie Gifford led a $300m Series E round in Workrise, a workforce management platform, with participation from Franklin Templeton, Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, and Brookfield. "The shift to clean energy and a redoubling of investment in infrastructure are opening up jobs that are desperately in need of filling. Our platform makes it easier for skilled workers to find work and for companies to hire in-demand workers. We are grateful to everyone who has backed our vision for bringing infrastructure and energy staffing into the future," Xuan Yong, Workrise CEO.

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