Moveworks

Moveworks

AI platform for automating business processes

About

Moveworks provides an AI-powered platform that automates and streamlines various business processes for companies, particularly those with a global workforce. The platform integrates with enterprise chat systems, allowing employees to automate tasks such as booking time off, understanding payroll policies, and managing engineering tasks. It is designed to be user-friendly, encouraging regular use among employees. Moveworks differentiates itself from competitors by offering multilingual support for over 100 languages and utilizing generative AI to fill knowledge gaps and send automatic notifications. The goal of Moveworks is to help businesses increase efficiency, reduce time spent on routine tasks, and improve communication, ultimately leading to significant cost savings.

Company Stage

Series C

Employees

501-1,000

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$296.7M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • Recognition as a finalist in the 2024 Microsoft Partner of the Year Awards and inclusion in Fast Company's list of the World's Most Innovative Companies of 2024 highlight Moveworks' industry leadership and innovation.
  • The launch of the next-generation Moveworks Copilot with advanced generative AI capabilities positions the company at the forefront of AI-driven business process automation.
  • Expansion of regional data centers in Australia, Europe, and Canada demonstrates Moveworks' commitment to data privacy and residency, appealing to global clients with stringent data requirements.

What critics are saying

  • The rapid pace of AI advancements could lead to increased competition, potentially eroding Moveworks' market share.
  • Dependence on strategic partnerships, such as with Microsoft Azure, may pose risks if these alliances face disruptions or strategic misalignments.

What makes Moveworks unique

  • Moveworks leverages generative AI to provide a conversational interface that integrates seamlessly with enterprise chat systems, setting it apart from traditional business process automation tools.
  • The platform's multilingual support for over 100 languages makes it uniquely suited for global enterprises, unlike many competitors with limited language capabilities.
  • Moveworks' strategic collaboration with Microsoft Azure enhances its platform's scalability, security, and compliance, providing a competitive edge in delivering AI solutions at scale.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

8%

2 year growth

8%

Benefits

Fully paid comprehensive medical, dental, and vision coverage with no premiums

Fully paid short-term disability, long-term disability, and life insurance

Employee Assistance Program

Free daily meals

Discounts on select gym memberships

Unlimited PTO

Unlimited paid sick days

Up to 16 weeks of 100% paid parental leave

Generous paid holidays, tailored to your location

Medical, Family Care, and Military leave programs

Competitive salary

401(k) with matching

Equity and stock options

Commuter and parking benefits

Manager mentorship program

Buddy program for new hires

Paid industry certifications

Continuing Education stipend

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