Wurkr: The Rise of B2B SaaS

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Enterprise to enterprise software program as a service (B2B SaaS) is again within the highlight as soon as once more. Salesforce’s acquisition of Slack in a $27.7bn megadeal, solely 7 years after Slack was based, is a superb instance of the large potential of the area – get the product proper and also you’ve obtained the each day consideration of 1000’s of workplace workers who depend on your service to do their jobs.

That is what Wurkr have managed to attain – particularly grabbing the eye of 60,000 workers in 1,500 firms… they usually’ve solely simply celebrated their third birthday. This rise has been accelerated considerably by the remote-working revolution prompted by the COVID pandemic, and Wurkr have achieved 1,000% progress in subscribers since March 2020.

Final yr, SaaS fundraises noticed over 10x progress within the UK in comparison with 2010 ranges, based on Beauhurst, however essentially the most attention-grabbing stage for the sector should still be but to return. 2020 has confirmed that distant work is extra possible for companies of all types than ever earlier than. Video calls, undertaking collaboration instruments, CRM software program and chat platforms that had been initially resourced out of necessity, have develop into a part of the each day rituals of hundreds of thousands of workers worldwide. Even when the urgency of distant work subsides, many firms will doubtless proceed to reap the rewards, and low overhead prices of distant productiveness, which will probably be a major boon to rising enterprise software program firms.

“The B2B SaaS sector, specifically video purposes, has seen monumental progress and a spotlight as a result of inflow of everybody being pressured to do business from home. Like others, Wurkr has seen phenomenal progress with firms adopting video expertise quicker than ever earlier than” – Annil Chandel, Co-Founder and CEO of Wurkr.

Solely a handful of SaaS companies have crowdfunded, and lots of of these have proven important progress trajectories over time. Our newest Portfolio Replace indicated that SaaS companies elevating by way of Seedrs produced the next IRR on common than another sector.*

As we transfer into 2021, and companies proceed to adapt the way in which they work, SaaS will stay an area to observe.

To search out out extra about Wurkr, and the funding alternative, go to the pitch now.

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*Please word that previous efficiency isn’t a dependable indicator of future outcomes.