Workiz's $5 million financing tops recent funding news in San Diego

Workiz's $5 million financing tops recent funding news in San DiegoPhoto: Unsplash
Published on November 04, 2019

San Diego-based CRM company Workiz has secured $5 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Oct. 30.

Per the customer relationship management company's Crunchbase profile, "Workiz lets you manage any small to big field-service businesses using a streamlined and simple workflow. You can leave your paper work, invoices and complex spreadsheets behind and start managing your field crew from any device. Workiz brings big business organization to small business and small-business simplicity to big business."

The four-year-old startup has raised three previous funding rounds, including a $2.2 million seed round in 2018.

This brings total funding raised by San Diego companies in professional services over the past 90 days to $9 million. The local professional services industry has seen eight funding rounds over the past year, capturing a total of $10 million in venture funding.

In other local funding news, bio-pharma company Viracta Therapeutics announced a Series D funding round on Oct. 28, financed by Taiwania Capital.

According to Crunchbase, "Viracta is focused on advancing a proprietary viral gene-activation therapy to address cancers associated with the Epstein-Barr virus, and will pursue opportunities to address other serious virus-associated diseases."

Founded in 2016, the company has raised six previous rounds, including a $10 million corporate round in 2018.

This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.