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Workec

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Newdo Technology is a Chinese company engaged in the development of enterprise online service platforms

ChinaFounded 2008Marketing
Valuation $50–100M Last recorded · 2019
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Workec and the history behind them.

About Workec

Workec, also known as EC, operates as a growth-oriented Social CRM (SCRM) system, a strategic tool designed for sales processes in the Chinese market. The company behind the product is Shenzhen Yiku Network Technology Co., Ltd. which was founded in 2017.

The firm has secured strategic investments from prominent entities, including Tencent and Chinasoft International, which underscores its position in the market. EC offers a ready-to-use CRM system that integrates with a variety of social communication platforms such as WhatsApp, Facebook, Instagram, SMS, and other instant messaging services. This integration allows businesses to manage customer interactions from multiple channels in a single, unified inbox. The platform is built to enhance the efficiency of marketing, sales, and customer support departments, fostering a collaborative, customer-centric approach. Currently, EC serves over 30,000 enterprises across various sectors including enterprise services, investment promotion, education, and manufacturing.

The platform's business model is subscription-based, with different pricing tiers like Basic, Standard, and Enterprise editions. Revenue is generated by providing these tailored solutions that help businesses manage the entire customer lifecycle, from lead acquisition to conversion and retention. The system is particularly aimed at improving sales efficiency and increasing repurchase rates by unifying customer resources from platforms like WeChat, QQ, and email. Key features of the EC CRM include a marketing cloud for lead acquisition, a sales cloud for managing the sales process, and a customer service cloud for omnichannel customer interaction. It also offers an application platform for customization and integration. By centralizing customer data, the system turns scattered information into actionable sales pipelines, allowing for lead categorization through tagging and prioritization of high-potential prospects. The system holds several international security and privacy certifications, including ISO 27001 and ISO 27701, ensuring data protection for its clients.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
China
Employees
69
Open positions
None listed
Dealroom signal
23.7/100
Industry
Marketing, Enterprise Software
Sub-industry
CRM & Sales
Sector
Marketing, Information Technology, Telecommunications, Collaboration, Social, Messaging
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Jul 2019 $12M $46M SAIF Partners · Mangrove Capital Partners —
SERIES CEquity / VC Jun 2016 $23M $94M Mindata —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Workec website traffic

Latest recorded traffic for Workec is 2.6K monthly website visits, down 95.2% over the last three months. Workec's team grew 0% over the past year.

Latest monthly visits2.6K 3-month web change-95.2% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

Employees 69 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China89.5%
🇭🇰 Hong Kong10.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Workec on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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