RealWork Labs lands strategic expenditure from LiveOak Undertaking Associates to even more fuel expansion and progress progress across digital solutions
AUSTIN, Texas, Sept. 9, 2021 /PRNewswire/ — RealWork Labs, a pioneer in supporting Residence Services businesses enhance their world-wide-web presence and create hyperlocal prospects by means of their software package remedy, announces, that it has shut $2.5 million in funding led by LiveOak Enterprise Partners as very well as included Krishna Srinivasan (co-founder of LiveOak Venture Partners) and John Berkowitz (EY Entrepreneur of the 12 months, Founder and CEO of OJO Labs, and Co-Founder of Yodle) to the board of administrators. The money will be utilised to speed up product growth in buy to more greatly enhance client value and manifest the firm’s vision for the Household Company industry.
RealWork Labs was launched in Fall 2020 in Austin, Texas by former Yodle/Electronic Pharmacist alumni: Pierce Birkhold, and Rusty Fincke. Their in depth history in the SMB space has played a important role in the company’s meteoric expansion through their very first 12 months in enterprise. The early addition of Krishna Srinivasan and John Berkowitz to the Board will support lay the basis for prolonged expression shopper retention and sustainability as the business carries on to increase.
“We have known the founders both by name and by operating with them earlier, as becoming basically exceptional in creating and scaling software program answers that focus on SMBs. The incredible traction the corporation has experienced in these types of a shorter period of time is the two a testament to the founders’ talents in this spot and the magnitude of the marketplace chance,” said Krishna Srinivasan, board member and Founding Partner at LiveOak Undertaking Partners.
Traditional on the internet marketing and advertising gets firms discovered regionally, relative to their office spot. This approach may operate for dining establishments or legislation companies- the place shoppers push to the business- but it has hardly ever created feeling for Household Companies as they generate to their consumers. RealWork Labs fixes this by making it possible for customers to not only get observed on area, but also social proof their quality do the job to neighbors nearby, providing extremely related messaging with no any intrusive monitoring. RealWork reimagines term of mouth marketing and how to get and transform much more consumers for subject firms, and put entrepreneurs and their groups back again in control of their world-wide-web existence.
“I am delighted to sign up for the board of directors for RealWork Labs, and assist incredible fellow Austin entrepreneurs change the assistance enterprise house. As an entrepreneur myself, I know 1st-hand how precious the aid and knowledge of fellow leaders can be. I’m thrilled at the possibility to shell out it ahead, and assist another forward-searching Austin startup continue to make an impression,” said John Berkowitz.
So significantly in its initially year, RealWork Labs has grown explosively to approximately 500 Residence Company customers like HVAC, Roofers, and Plumbers. They have 30 comprehensive time staff members, together with the recent addition of knowledgeable product or service and technological innovation government, Morten Moeller as Main Product Officer to additional construct and deliver on the firm’s vision.
“What we are constructing isn’t really just an additional ‘platform’ or dashboard that buyers glimpse at when in a while. We are disrupting how consumers, professionals and business entrepreneurs develop have confidence in and interact with just one a different- it truly is social engineering through engineering.” stated Pierce Birkhold. “You’ve never ever witnessed everything like this.”
“The opportunity for Pierce, Warren and I to work jointly once more, together with LiveOak is a substantial gain for RealWork Labs,” reported Rusty Fincke. “By focusing on client retention and making a folks initially culture, we are developing a strong foundation for ongoing expansion.”
About RealWork Labs
RealWork Labs is 100% based in the US and headquartered in Austin, TX. We abide by Initially Basic principle Imagining which seeks to problem what we feel we know, throw out assumptions, and begin with every single difficulty from the ground up to construct genuine alternatives. Right after 17 many years of smartphones, you will find nonetheless to be a meaningful transformation for Dwelling Companies owning know-how in their professionals and clients hands. With popular feeling, uncomplicated to use methods, RealWork Labs democratizes material advertising and marketing and social proofing to your employees, and decentralizes your enterprise from your business office handle to out in the subject, the place your customers are living. By showcasing video clip testimonials, testimonials, photos of your high-quality perform and track record to neighbors close by around each career, your group replaces the pricey Search engine optimisation companies and guide organizations that are likely to expense far more than they are worth. The ‘Labs’ in RealWork is a determination to exploration and innovation for Home Service Companies that drives worth in means no a person has imagined to do. You’ve never ever found just about anything like this.
About LiveOak Enterprise Partners
LiveOak Venture Companions is a enterprise cash fund centered in Austin, Texas. With above 20 yrs of effective undertaking investing in Texas, the founders of LiveOak have assisted develop nearly $5 billion of organization value. Even though almost all of LiveOak’s investments begin at the Seed and Collection A stages, LiveOak is a total daily life cycle investor focused on supporting make category top engineering and technological know-how-enabled services providers headquartered in Texas. LiveOak Undertaking Companions has been the direct trader in above 40 interesting significant-expansion Texas-based mostly firms in the past 8 yrs together with kinds these kinds of as CS Disco, Electronic Pharmacist, OJO Labs, Opcity and TrustRadius.
Source RealWork Labs
