Companies · HR / Worktech

WorkForce Software Holdings, LLC

LIVONIA · HR / Worktech · refined from filed group “Other

Diligence memoA one-page analyst read on WorkForce Software Holdings, LLC — recommendation, valuation, rhythm, risks.
$104.4M
Total raised · real
2
Rounds
0.9×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Tue Oct 01 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

WorkForce Software Holdings, LLC has raised $104M over 2 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the hr/worktech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 6.7 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

WorkForce Software Holdings, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
10.1 yr record
Peak capital year was 2019 with $240.5M across 5 filings.
Market position
ahead of 97% of HR / Worktech peers
Capital scale is ahead of 97% of HR / Worktech peers; modeled value is above 97% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $240.5M across 5 filings.
  • Largest single filing was $67.5M on 2019-10-01.
  • Filing rows sum to $322.6M, while canonical raised total is $104.4M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in HR / Worktech

WorkForce Software Holdings, LLC is one of 63 HR / Worktech companies tracked from LIVONIA. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

hr/worktech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
11
Investors (latest)
2019-10-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries B · 2016-06-08 Raised $37M (real) Modeled valuation $852M (est)Series B2016Series A · 2016-06-08 Raised $10.0M (real) Modeled valuation $210M (est)Series A2016Series B · 2016-06-08 Raised $35M (real) Modeled valuation $813M (est)Series B2016Series C · 2019-10-01 Raised $68M (real) Modeled valuation $1.6B (est)Series C2019Series B · 2019-10-01 Raised $35M (real) Modeled valuation $819M (est)Series B2019Series C · 2019-10-01 Raised $45M (real) Modeled valuation $1.1B (est)Series C2019Series C · 2019-10-01 Raised $49M (real) Modeled valuation $1.2B (est)Series C2019Series C · 2019-10-01 Raised $43M (real) Modeled valuation $1.0B (est)Series C2019+$10.0M+$35M+$68M+$35M+$45M+$49M+$43MCumulative $323M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$36.9M · 2016
Bridge · Series B-stage$10.0M · 2016smaller follow-on
Series B extension$35.2M · 2016
Series C$67.5M · 2019
Bridge · Series C-stage$35.5M · 2019smaller follow-on
Series C extension$45.0M · 2019
Series C extension$49.3M · 2019
Series C extension$43.2M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$1.6B
Base estimate est.
$255.9M
Conservative case
$4.2B
Upside case
$450.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the hr/worktech sector profile. Directional, not a quoted figure.

Series B · modeled $852.2M · 2016-06-082016Series A · modeled $210.0M · 2016-06-08Series B · modeled $813.3M · 2016-06-08Series C · modeled $1.6B · 2019-10-01Series B · modeled $818.9M · 2019-10-01Series C · modeled $1.1B · 2019-10-01Series C · modeled $1.2B · 2019-10-01Series C · modeled $1.0B · 2019-10-012019
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.29×/yr
Annual markup
1.48×/yr upside case
6.0 yr
Elapsed time used
6.8 yr actual, capped for stale marks
hr/worktech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$31.5M/yr
Capital velocity
10.1 yr
On record since
2016
First round
8
Rounds on file
How it compares to the market

Benchmarked against 63 companies in HR / Worktech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 9.8× above median
This company$104.4M
Sector median$10.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.6× of median
This company$43.2M
Sector median$72.5M
Modeled value — vs sector median (estimate, all stages) 39× above median
This company$1.6B
Sector median$41.4M

Raised more than 97% of sector peers (real $). Modeled value above 97% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$36.9M2016-06-08$205.0M$852.2M90%
Series A$10.0M2016-06-08$45.4M$210.0M85%
Series B$35.2M2016-06-08$195.6M$813.3M90%
Series C$67.5M2019-10-01$450.2M$1.6B90%
Series B$35.5M2019-10-01$197.0M$818.9M90%
Series C$45.0M2019-10-01$300.2M$1.1B90%
Series C$49.3M2019-10-01$328.9M$1.2B90%
Series C$43.2M2019-10-01$287.8M$1.0B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$36.9M2016-06-08
    • First recorded raise — entered as Series B.
    • 14 investors on this round.
  2. Series A$10.0M2016-06-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.7× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  3. Series B$35.2M2016-06-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.5× larger than the prior — scaling up.
    • 13 investors on this round.
  4. Series C$67.5M2019-10-01
    • Raised again after 40 mo — slower than the ~13 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 19 investors on this round.
  5. Series B$35.5M2019-10-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  6. Series C$45.0M2019-10-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
  7. Series C$49.3M2019-10-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 13 investors on this round.
  8. Series C$43.2M2019-10-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
Intelligence
2020 ~Q1
Modeled next raise · ~6mo cadence
$43.2M
Modeled next size est.range $43.2M$69.1M
0.9×
Last step-up
$31.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Ryan Hinkle19 other2016-06
Peter Sobiloff12 other2016-06
Betsy Atkins9 other2016-06
Ross Devor5 other2016-06
James Huang4 other2016-06
Michael Morini4 other2016-06
Peter Jackson3 other2016-06
Isaac Kim2 other2019-10
Bob Feller1 other2016-06
Christopher Herter1 other2016-06
Christopher McCleary1 other2019-10
DAVID VONK1 other2016-06
Jeffrey Moses1 other2019-10
Jesse Cohn1 other2019-10
Ken Olsen1 other2016-06
Kevin Choksi1 other2016-06
Leslie Tarnacki1 other2016-06
Mark Kurowski1 other2016-06
Mike Jepsen1 other2016-06
Alan Winegar2016-06
Andrew Lloyd2016-06
Balaji Yelamanchili2019-10
Bill Shaheen2019-10
Brandon Van Buren2019-10
Registry & provenance

WorkForce Software Holdings, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1677149
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
WorkForce Software, LLCOtherSeries B$30.8M$303.2Mnetwork12 shared operators
Eagle Parent Holdings, LLCOther TechnologyGrowth/Late$543.6M$305.4Mnetwork5 shared operators
Humand Holdings LtdHR / WorktechSeries C$77.5M$465.3Msame sector · same stage
InhabitIQ Parent, LLCOtherSeries C$88.4M$1.3Bnetwork1 shared operator · same stage
Kony, Inc.Other TechnologySeries B$66.2M$152.3Mnetwork2 shared operators
Aquant, Inc.Other TechnologySeries C$128.8M$1.9Bnetwork1 shared operator · same stage
Smartsheet IncOther TechnologySeries C$148.3M$915.0Mnetwork1 shared operator · same stage
Tulip Interfaces, Inc.Other TechnologySeries C$150.1M$2.3Bnetwork1 shared operator · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Visual Workforce, IncHR / WorktechPre-Seed$1.3M84%
Workforce Hope, Inc.HR / WorktechPre-Seed$4.1M84%
Definity Workforce Solutions, Inc.HR / WorktechSeries A$41.4M84%
Headway Workforce Solutions, IncBusiness ServicesSeed$34.5M81%
Work.software, Inc.Software / TechPre-Seed$10.9M80%
Human Capital Holdings LLCOtherSeries B$355.0M79%
We Technologies Holdings, LLCSoftware / TechSeed$50.8M79%
Helios Holdings, LLC
Create your AI workforce
HR / WorktechSeed$16.1M79%
Frequently asked
How much funding has WorkForce Software Holdings, LLC raised?
WorkForce Software Holdings, LLC has raised approximately $104.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is WorkForce Software Holdings, LLC's estimated valuation?
Provath's modeled valuation for WorkForce Software Holdings, LLC is approximately $1.6B (modeled range $255.9M–$4.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is WorkForce Software Holdings, LLC at?
WorkForce Software Holdings, LLC's latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Oct 01.
What does WorkForce Software Holdings, LLC do and where is it based?
WorkForce Software Holdings, LLC operates in the HR / Worktech sector, based in LIVONIA.
Explore related

See where WorkForce Software Holdings, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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