Workist
Category: AI Agents
An AI-powered platform that automates B2B document processing by extracting unstructured data from orders and invoices and integrating it directly into ERP systems. Workist was founded in 2019. The company is led by Tim Wegner. Based in Berlin, Germany. Team size: 50-100. Total funding raised: $13.2M. Latest round: Series A, $9.5M, 2022-05, led by Earlybird Venture Capital. Key investors include Earlybird Venture Capital, 468 Capital, LEA Partners, another.vc.
- Founded
- 2019
- Headquarters
- Berlin, Germany
- Team size
- 50-100
- Total funding
- $13.2M
Value proposition
Reduces manual administrative effort by up to 90% and eliminates data entry errors by converting unstructured emails and PDFs into structured ERP data without requiring EDI or templates.
Products and solutions
Worki (AI Document Assistant), Automated Order Processing, Automated Invoice Verification, Master Data Matching Engine, ERP Integration Connectors (SAP, Microsoft Dynamics, Oracle)
Unique value
Utilizes 'Administrative Intelligence' to process unstructured B2B documents contextually, removing the need for rigid templates or expensive EDI (Electronic Data Interchange) setups.
Target customer
Mid-to-large manufacturing, logistics, and wholesale enterprises with high volumes of manual document processing.
Industries served
Manufacturing, Logistics & Supply Chain, Wholesale & Distribution, Food & Beverage, Automotive
Technology advantage
Proprietary deep learning models specifically trained for complex B2B table extraction and line-item matching, combined with a 'human-in-the-loop' interface that enables continuous machine learning from user corrections.
How they differentiate
Focuses on 'Administrative Intelligence' specifically for B2B order-to-cash cycles, offering template-free extraction that handles complex line items and deep ERP integration (SAP, Microsoft Dynamics) without requiring EDI.
Main competitors
Rossum, Hyperscience, Vic.ai
Key partnerships
SAP (Silver Partner), Microsoft (Azure/Dynamics integration), K-Startup Grand Challenge (South Korean Government), Earlybird Venture Capital, 468 Capital
Notable customers
Hager Group, Zollner Elektronik AG, Klöckner & Co, Deutsche Bahn
Major milestones
Raised €3.3M Seed round in September 2020, Secured €9M Series A led by Earlybird in May 2022, Winner of the NextRise Innovator Prize 2025 in Seoul, Selected for the K-Startup Grand Challenge 2025 to spearhead Asian expansion
Growth metrics
Estimated ARR between $5M - $10M; Team size expanded to 50-100 employees; SAP Silver Partner status.
Market positioning
European AI specialist targeting mid-to-large manufacturing and logistics enterprises.
Geographic focus
Primary focus on the DACH region (Germany, Austria, Switzerland) and Europe, with active expansion into South Korea and the broader Asian market.
Patents and IP
Proprietary AI document processing engine (Worki); no specific public patent filings disclosed as of latest update.
About Tim Wegner
Serial entrepreneur and physicist. Previously Founder & CEO of Minodes (acquired by Telefónica), Senior Consultant at McKinsey & Company, and an alumnus of MIT and Imperial College London.
Official website: https://workist.com