Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
Briefing

Montreal’s Wrk announces $55M in funding

Clients use the company’s platform, which relies on both bots and human workers, to automate processes like software-testing, telemarketing and invoicing. The financing includes a Series A round led by OMERS Ventures and White Star Capital, seed funding from Desjardins Capital and Real Ventures, and debt from Silicon Valley Bank. (The Logic)

Briefing

Montreal’s Wrk announces $55M in funding

By Murad Hemmadi
Feb 2, 2022
A A
A Small A Medium A Large
Share

Share

Clients use the company’s platform, which relies on both bots and human workers, to automate processes like software-testing, telemarketing and invoicing. The financing includes a Series A round led by OMERS Ventures and White Star Capital, seed funding from Desjardins Capital and Real Ventures, and debt from Silicon Valley Bank. (The Logic)

Talking point: Wrk CEO Mohannad El-Barachi previously started customer-analytics platform SweetIQ and sold it to the U.S. media conglomerate Gannett. Demand for the robotic process automation it offers rose during the pandemic, with providers bringing in US$1.58 billion in revenue in 2020, according to research firm Gartner. But Forrester projected that new entrants could end up fighting for incumbents’ market share this year. For tasks that require human intervention, Wrk offers tasks out to freelance workers, at algorithmically priced rates; it charges them a fee per job. The firm said it plans to grow its own in-house workforce, which is now more than 50 employees.

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Most Popular This Week

A person in glasses and a blue top is sitting and typing on a laptop in an office. A desktop screen next to the laptop displays some blurred-out coding work.
News

A niche white-collar role is becoming the AI industry’s hot new job

By Anita Balakrishnan
A logo that reads AI in blue lettering against a light yellow background.
News

What happened when a VC firm let AI do almost everything

By Catherine McIntyre
News

Canada joins the movement to make AI more open source

By Murad Hemmadi
A close-up of a made-in-Canada stamp on the end of a cylindrical piece of raw aluminum.
Analysis

It turns out Trump does need something from Canada—aluminum

By Joanna Smith

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

An aerial photo of a petroleum sea terminal, in a landscape of mountains and coastal waterways, with residential homes in the right foreground. There are two tankers docked at the terminal.
News

Alberta’s new pipeline would follow Trans Mountain’s route through southern B.C.

By Meghan Potkins

Briefing

A $4.6B power project tied to a Meta-linked Alberta data centre gets the green light

By Meghan Potkins   |   Jul 2, 2026 | 4:17 PM ET

Quebec launches $1B water infrastructure housing program

By Martin Patriquin   |   Jul 2, 2026 | 4:11 PM ET

Radical Ventures backs TwelveLabs in US$100M Series B for video AI tools

By Murad Hemmadi   |   Jul 2, 2026 | 3:14 PM ET

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

Analysis

It turns out Trump does need something from Canada—aluminum

By Joanna Smith   |   Jun 25, 2026
A close-up of a made-in-Canada stamp on the end of a cylindrical piece of raw aluminum.
News

What happened when a VC firm let AI do almost everything

By Catherine McIntyre   |   Jun 29, 2026
A logo that reads AI in blue lettering against a light yellow background.
News

Alberta to free up a huge amount of power to attract Big Tech and its data centres

By Meghan Potkins   |   Jun 24, 2026
A wide landscape shot of high-tension power lines over green and golden fields in rolling countryside.
Exclusive

Ssense has laid off photo and make-up teams and says AI will do much of their work

By Catherine McIntyre   |   Jun 22, 2026
News

A niche white-collar role is becoming the AI industry’s hot new job

By Anita Balakrishnan   |   Jun 30, 2026
A person in glasses and a blue top is sitting and typing on a laptop in an office. A desktop screen next to the laptop displays some blurred-out coding work.
News

Canada joins the movement to make AI more open source

By Murad Hemmadi   |   Jun 26, 2026

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account