• October 4, 2022
Automation Startup Nets $43 Million in New Funding

A Montreal, Canada-based startup specializing in combining process automation with a skilled human workforce said it has received $43 million (CAD$55 million) in cumulative seed, Series A and debt financing.

Executives at Wrk said the company’s platform is accessible to non-technical staff enabling anyone to build automations using API integrations, RPA and human skills.

“For far too long, businesses have struggled with adopting automation because of the high costs of entry, rigid implementation processes, and overly complex language,” said CEO Mohannad El-Barachi. “This investment is the first step in bringing to market an automation solution that breaks these barriers and delivers on its mission of making automation insanely simple.”

Real Ventures and Desjardins Capital led the raise with participation from other angel investors including Sharon Rowlands (CEO of Web.com), Cherif Habib (CEO of Dialogue Health), Mark MacLeod (former CFO of Shopify), Charlie Songhurst (former head of strategy at Microsoft), and Michael Litt (CEO of Vidyard).