AUSTIN, Texas, Sept. 9, 2021 /PRNewswire/ — RealWork Labs, a pioneer in encouraging Residence Assistance companies improve their world-wide-web existence and crank out hyperlocal sales opportunities by means of their software program resolution, announces, that it has shut $2.5 million in funding led by LiveOak Venture Associates as perfectly as extra Krishna Srinivasan (co-founder of LiveOak Enterprise Associates) and John Berkowitz (EY Entrepreneur of the Year, Founder and CEO of OJO Labs, and Co-Founder of Yodle) to the board of administrators. The cash will be applied to accelerate product or service development in get to additional greatly enhance consumer price and manifest the firm’s vision for the Residence Service marketplace.
RealWork Labs was started in Tumble 2020 in Austin, Texas by former Yodle/Electronic Pharmacist alumni: Pierce Birkhold, and Rusty Fincke. Their in depth qualifications in the SMB house has performed a sizeable function in the firm’s meteoric development for the duration of their initial yr in business enterprise. The early addition of Krishna Srinivasan and John Berkowitz to the Board will help lay the basis for prolonged expression customer retention and sustainability as the firm carries on to develop.
“We have recognised the founders both equally by status and by operating with them earlier, as remaining only extraordinary in making and scaling application alternatives that concentrate on SMBs. The outstanding traction the corporation has had in these types of a limited period of time is both equally a testament to the founders’ qualities in this area and the magnitude of the market opportunity,” said Krishna Srinivasan, board member and Founding Lover at LiveOak Enterprise Associates.
Common on line marketing will get organizations observed regionally, relative to their business office spot. This solution might work for restaurants or regulation corporations- where shoppers drive to the business enterprise- but it has by no means built feeling for Home Companies as they travel to their shoppers. RealWork Labs fixes this by enabling clientele to not only get uncovered on location, but also social evidence their top quality do the job to neighbors nearby, delivering extremely relevant messaging without the need of any intrusive monitoring. RealWork reimagines phrase of mouth advertising and how to get and change much more shoppers for industry companies, and set entrepreneurs and their teams back in command of their net presence.
“I am delighted to join the board of directors for RealWork Labs, and assist remarkable fellow Austin entrepreneurs transform the assistance company house. As an entrepreneur myself, I know initially-hand how beneficial the support and wisdom of fellow leaders can be. I’m thrilled at the opportunity to pay back it forward, and assist a further ahead-seeking Austin startup continue to make an impression,” said John Berkowitz.
So much in its to start with calendar year, RealWork Labs has grown explosively to nearly 500 Home Support buyers like HVAC, Roofers, and Plumbers. They have 30 entire time personnel, together with the recent addition of seasoned item and engineering executive, Morten Moeller as Chief Products Officer to further build and deliver on the firm’s eyesight.
“What we are building isn’t just yet another ‘platform’ or dashboard that prospects glance at once in a while. We are disrupting how shoppers, specialists and organization owners develop trust and interact with a single another- it truly is social engineering as a result of technology.” reported Pierce Birkhold. “You have by no means observed anything at all like this.”
“The prospect for Pierce, Warren and I to function with each other again, together with LiveOak is a enormous edge for RealWork Labs,” stated Rusty Fincke. “By concentrating on customer retention and developing a individuals initially tradition, we are creating a potent foundation for continued advancement.”
RealWork Labs is 100% based mostly in the US and headquartered in Austin, TX. We comply with 1st Principle Thinking which seeks to challenge what we consider we know, throw out assumptions, and start off with just about every issue from the floor up to establish true remedies. Immediately after 17 several years of smartphones, there’s nonetheless to be a significant transformation for House Expert services having technologies in their technicians and shoppers fingers. With widespread sense, simple to use programs, RealWork Labs democratizes content material internet marketing and social proofing to your staff members, and decentralizes your enterprise from your place of work handle to out in the industry, where by your buyers live. By showcasing online video testimonies, testimonials, images of your quality do the job and reputation to neighbors close by all-around just about every career, your crew replaces the expensive Search engine optimization products and services and lead companies that are likely to cost additional than they’re truly worth. The ‘Labs’ in RealWork is a dedication to investigation and innovation for House Support Enterprises that drives value in strategies no 1 has considered to do. You have under no circumstances noticed just about anything like this.
About LiveOak Venture Partners
LiveOak Undertaking Associates is a venture money fund based mostly in Austin, Texas. With above 20 several years of effective undertaking investing in Texas, the founders of LiveOak have aided build just about $5 billion of enterprise price. Although virtually all of LiveOak’s investments begin at the Seed and Series A stages, LiveOak is a comprehensive life cycle trader focused on supporting develop class top technological innovation and technological know-how-enabled services providers headquartered in Texas. LiveOak Undertaking Companions has been the direct investor in over 40 enjoyable significant-expansion Texas-dependent companies in the very last eight decades which includes kinds such as CS Disco, Electronic Pharmacist, OJO Labs, Opcity and TrustRadius.