WorkOs is in the Dev Tools space but more importantly, it is designed to help other tools sell to enterprise companies.
This is big because enterprise customers are how businesses make most of their money. Slack is famously quoted as receiving 40% of its revenue from .1% of its client base. As cloud computing services become more popular it is going to become even more important for those services to sell to enterprise customers… if they want to become very large!
This will also help from a churn standpoint. Enterprise customers are less likely to stop using a product because of money. Small businesses have a lot higher churn.
There is little information about WorkOs revenue today. I would assume it is very little. I believe most of their clients today are from VC introductions. This will change as the product matures.
I don’t know the CEO well but I like what I’ve seen so far.
He’s been a founder before and he is currently working on solving a problem that he has experienced.
Brianne Kimmel is one of his investors. She is one of the best in my opinion and she will be a big help in getting Michael introduced to his first clients and introducing him to the right mentors as the company grows.
Today, they have openings in Engineering and Marketing