WorkFusion
Edit

WorkFusion

http://www.workfusion.com
Last activity: 12.09.2024
Active
Categories: ServiceTechnologyHumanLearnPlatformAutomationBusinessDataFinTechRobotics
The world's most innovative enterprises use WorkFusion to transform and digitize their operations. Our platform helps global banks, insurance, information services and healthcare businesses automate complex, high volume business processes by combining process orchestration, robotic automation, and machine-learning powered cognitive automation into one business user platform.

TECHNOLOGY:

WorkFusion uses the best techniques of robotics (rules-based) automation and machine learning to automate digital tasks by simply watching how human workers perform them.

The platform lets users configure business processes and provides a library of pre-built robotic tasks and human process templates.

WorkFusion divides these processes into microtasks, which makes the work easier to perform for human workers and easier for algorithms to learn. The platform then automatically orchestrates human workforces (FTE, outsourced, or crowdsourced) to perform the tasks while ensuring quality.

APPLICATION:

WorkFusion serves large financial services, eCommerce, and retail businesses who use the platform a wide variety of knowledge processes, ranging from simple data gathering, categorization, and translation to complex record and content creation.

HISTORY:

The idea behind WorkFusion was conceived in 2010 by CEO Max Yankelevich and CTO Andrew Volkov following research at MIT's Computer Science & Artificial Intelligence Lab (CSAIL) wherein crowd workers were engaged through machine learning to detect fraud in online financial transactions. Recognizing the opportunity to apply this capability to enterprise business, Max and Andrew swiftly founded WorkFusion and dedicated the company to transforming knowledge work in the same way that Amazon Web Services transformed computing.
Likes
996
Followers
3.7K
Followers
23.7K
Website visits
47.7K /mo.
Mentions
62
Persons
1
Location: Belarus, Minsk
Employees: 201-500
Total raised: $334M
Founded date: 2010
Founders name: Max Yankelevich
Founders Related Locations: United States, New York, New York

Investors 8

Funding Rounds 5

DateSeriesAmountInvestors
09.03.2021Series F$220M-
03.06.2018Series E$50M-
31.01.2017Series D$35M-
21.12.2015Series C$14M-
29.04.2014Series B$15M-

Persons 1

DateFirst NameLast NameTitleLinkedIn
-MaxYankelevic...Founder an...linkedin.c...

Mentions in press and media 62

DateTitleDescription
12.09.2024WorkFusion and Advanced Financial Solutions, Part of the MDS SI Group, Partner to Drive AI Digital Worker Growth in the Middle EastPartnership leverages local expertise to expand financial crime fighting AI to banking and financial institutions in the region NEW YORK and DUBAI, UAE, Sept. 12, 2024 /PRNewswire/ -- WorkFusion, a regtech company specializing in AI agents ...
17.04.2024WorkFusion Named a Leader in Everest Group's PEAK Matrix® for IDP for Sixth Consecutive YearWorkFusion's recognition as a Leader in IDP once again plus its Leader position in the new Banking-specific IDP Products PEAK Matrix Assessment highlight the company's ability to effectively automate complex document processing with its AI ...
12.03.2024The Top Robotic Process Automation Software According to the FeaturedCustomers Winter 2024 Customer Success ReportFeaturedCustomers releases the Winter 2024 Robotic Process Automation Software Customer Success Report. SUNRISE, FL, USA, March 12, 2024 /EINPresswire.com/ -- Today FeaturedCustomers published the Winter 2024 Robotic Process Automation Soft...
25.10.2023The Latest Research From Workfusion and Celent Reveals AI Is Aiding, Not Replacing AML Compliance JobsReport shows that rather than AI taking jobs from AML professionals, organizations are using automation to increase efficiency and productivity, freeing up capacity to support risk and the business. AI is becoming essential for Financial Cr...
18.10.2023Mphasis, WorkFusion Partner to Transform Financial Crimes for EnterprisesBeing a prominent leader in risk and compliance operations, Mphasis will harness the power of WorkFusion’s AI solutions to enhance and evolve its services in transforming Financial Crimes operations for its enterprise clients Mphasis an Inf...
25.05.2023It’s Time To Lean Into AI, Not Take A PauseAdam Famularo is CEO of WorkFusion, a leader in intelligent automation for enterprises.
16.02.2023WorkFusion Taps Anti-Financial Crime Veteran as Vice President of Financial CrimeArthur Mueller brings more than 20 years of experience across a number of financial institutions and deepens the AI digital workforce company’s bench of FinCrime experts WorkFusion, a leading provider of AI digital workforce solutions for b...
19.10.2022WorkFusion Expands Global Footprint with New European Headquarters in DublinPlans to hire 100 software engineers, data scientists, and more for its AI-enabled digital workforce solutions WorkFusion, a leader in Intelligent Automation and developer of AI-powered Digital Workers, announced plans for its new European ...
29.09.2021WorkFusion Appoints Adam Famularo as CEOWorkFusion, a top provider of industry-specialized Intelligent Automation software, announced Adam Famularo has been named the company’s chief executive officer. With deep experience building successful organizations and driving growth with...
10.05.2021Breaking The Vicious Cycle Of Compliance Debt In Financial ServicesCEO and President of WorkFusion, leader in Intelligent Automation for the enterprise.
Show more

Reviews 0

Sign up to leave a review

Sign up Log In