
Work-Bench
Description
Work-Bench is a prominent Seed-stage venture capital firm strategically located in New York City, specializing in enterprise technology. Founded in 2013, the firm has established itself as a key player in the B2B SaaS, infrastructure, and artificial intelligence sectors. Led by General Partners Jonathan Lehr and Jessica Lin, Work-Bench is known for its deep industry expertise and hands-on approach to supporting early-stage companies. Their focus is on identifying and nurturing startups that are poised to disrupt large enterprise markets, leveraging their extensive network within the Fortune 500.
The firm typically writes first checks ranging from $1 million to $3 million, targeting companies that demonstrate strong product-market fit and a clear path to enterprise adoption. Beyond capital, Work-Bench distinguishes itself through its robust go-to-market platform, which provides portfolio companies with invaluable access to corporate customers, strategic partners, and talent. This unique support system is designed to accelerate growth and facilitate successful partnerships with large enterprises, helping startups navigate the complexities of selling into established organizations.
With over a decade of experience in the enterprise tech landscape, Work-Bench has built a diverse portfolio of more than 70 companies, many of which have gone on to achieve significant milestones or successful exits. Notable acquisitions of their portfolio companies include those by industry giants like Snowflake, Palo Alto Networks, and Datadog, underscoring their ability to pick winning ventures. The firm continues to demonstrate its commitment to the enterprise ecosystem, having recently announced their fourth fund, Work-Bench IV, which closed at $50 million in 2023, further solidifying their capacity to invest in the next generation of enterprise innovation.
Investor Profile
Work-Bench has backed more than 76 startups, with 7 new investments in the last 12 months alone. The firm has led 17 rounds, about 22% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Israel, Australia.
- Strong thematic focus on Software, Artificial Intelligence (AI), Analytics.
- Led 3 rounds in the past year.
- Typical check size: $1M – $3M.
Stage Focus
- Seed (38%)
- Series A (22%)
- Series B (18%)
- Series Unknown (7%)
- Series C (5%)
- Series D (3%)
- Series E (1%)
- Debt Financing (1%)
- Undisclosed (1%)
- Series F (1%)
Country Focus
- United States (96%)
- Israel (1%)
- Australia (1%)
- Canada (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Analytics
- Information Technology
- Machine Learning
- Saas
- Cyber Security
- Enterprise Software
- Predictive Analytics
- Developer Tools
Frequently Asked Questions
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