Los Angeles, CA — 14 June 2018 — ADVFN Crypto NewsWire — WorkDone Inc., a provider of machine learning-based workforce automation services, announced today that it has launched an equity crowdfund offering on truCrowd, Inc.
Using their patent-pending Expertise Capture technology, the company’s WorkDone Monitor enables organizations to seamlessly automate business processes between major SaaS platforms (Salesforce, Sage Intacct, NetSuite, etc.) with no user training or programming required. The AI assistants generated by WorkDone — known as Agents — can be used internally or rented to the general public on the WorkDone Marketplace.
“Machine learning, blockchain and cloud BPM technologies have reached a point where much of the dullest, most repetitive work tasks can be automated with minimal human effort,” says Joe Rogers, the CEO of WorkDone who has 30 years of experience in enterprise content management. “It’s time for SaaS-based backoffice work to see the productivity gains that automation has already brought to other sectors of the economy.”
The minimum investment for the offering is set at US$250, with the terms of the SAFE (Simple Agreement for Future Equity) set at a valuation cap of $8.5 million, and the REV (Revenue Participation) set at a revenue split of 12.5% up to a 3X return on investment. WorkDone estimates a target market of $187 million in year one (2018) with growth at over a 100% year on year compound annual growth rate (CAGR) for the next three years with a 2021 available market size of $721 million.
WorkDone is AI with a conscience. WorkDone’s goal is not to replace people, but rather, to replace the countless hours of low-value busywork that prevent people from excelling to the financial detriment of both themselves and their employer. With WorkDone’s AI agents, labor costs can be drastically reduced and people are finally freed up to do higher value work which presents greater opportunity for future long-term employment.
To learn more about the terms (and risks) of this investment opportunity, and to invest, please visit our offering page.