Soundcloud
Startup Strategies from a 5-Exit Founder and NYC Venture Partner

Knowledge comes with experience, and Jeff Leventhal has 25 years of experience in the tech startup world, including leading five companies from idea to exit and investing in many others. It’s an understatement to say he’s learned a few things on his entrepreneurial journey. Leventhal’s great professional passion has been using technology to facilitate the delivery of professional services. His current iteration on solving this problem is WorkRails, a SaaS solution that helps other software companies sell and deliver their products.

Tuesday, April 4, 2017

BeyondVC
Thoughts from Mulesoft and AppDynamics IPO Filings

I finally had a chance to take a quick read of the respective S1 filings for AppDynamics and Mulesoft. While the growth for each company is quite amazing, two thoughts jumped out at me. As we move to a cloud-only world with instant-on capabilities and low friction in onboarding customers, why does professional services revenue keep increasing year over year for these enterprise cloud businesses.

Tuesday, March 21, 2017

AlleyWatch
It’s The Journey, Not the Exit And Other Lessons Learned About Startup Value Creation

One thing I’ve learned from the 5 tech companies I’ve built over the last twenty years is that building a business is a lot like an experiment. You’re mixing together different ingredients, which together could create something amazing. You go into that experiment knowing what the pieces are, but you do not yet know exactly how they will combine or what they will create.

Monday, March 13, 2017

WorkRails: Faster Time to Revenue for SaaS Companies, Professional Services Firms

Call it the great divide: Businesses want to procure and activate SaaS-based applications. But they often lack the expertise to do so at scale. At the same time, SaaS companies want to generate more recurring revenues. But their applications often are too complex for end-customers to fully consume.

Tuesday, March 7, 2017

Staffing Industry Analysts
Staffing Industry Analysts Finding Consultants: A store-within-a-store concept for software applications

New York-based WorkRails is the “coffee shop” within the grocery store that enables users to hire professional service consultants directly from inside an application.

WorkRails, founded in 2016, connects professional services consultants, specifically ones with enterprise software expertise, to software users needing to hire such consultants. What is unique is how the service is sold and delivered.

Wednesday, February 22, 2017

WorkRails CEO Jeff Leventhal discusses how startups and entrepreneurs can raise money more successfully

The year started with bang, and more entrepreneurs than ever are looking at strategic funding and budgets to help push their startup to the next level. But Jeff Leventhal, Co-Founder and CEO of WorkRails and partner at VC firm BoldStart, believes entrepreneurs could be doing a much better job of raising money.

Tuesday, January 31, 2017

Innovate LI
Innovate LI Names 2017 Innovators Of The Year

Software’s $700 billion Professional Services (PS) market, which includes everything from systems integration to software deployment to network consulting, is in the midst of a rapid spending and value shift driven by the industry’s continued migration to the cloud and subscription-based models.

Thursday, January 19, 2017

Newsday
WorkRails highlighted for raising funds despite declining market

Angel and venture capital funding for Long Island startups fell 40 percent to $40.95 million in 2016, but remained above the four-year average of $37.78 million since 2013, according to newly released data. Angel investors use their own funds, as opposed to venture capitalists, who use pooled money. Angel funding sometimes precedes larger venture capital investments.

Friday, January 13, 2017

NY Business Journal
WorkRails CEO: N.Y.C. entrepreneurs survive with tenacity and creativity

“The inspiration for Work Rails came when I was founder and CEO Work Market,” says Work Rails Founder Jeff Leventhal. “At that time we were using applications like Netsuite, Sugar, Marketo and New Relic. Often we needed to hire a consultant to help us integrate the product, set it up, do something post implementation and it became an eight-week process comprised of trying to find a consultant, negotiate a lengthy legal contract, discuss an SOW, budget and availability.

Tuesday, january 17, 2017

Tech Crunch
Boldstart Ventures locks down $47 million for fund three

Boldstart Ventures started off with $1 million in 2010 as a kind of experiment. Could a New York-based outfit find enough seed-stage, enterprise-focused, East Coast opportunities to rationalize a bigger fund?

Wednesday, November 16, 2016

Spend Matters
What WorkRails’ Latest Funding Round Means for Procurement Practitioners

WorkRails, founded in late 2015, announced that it has raised $2.3M in a seed round led by Boldstart Ventures and including Lerer Hippeau Ventures, BoxGroup, and Lattice Ventures. The Long Island-based company, co-founded by Work Market and OnForce co-founder Jeff Leventhal, brings a unique play to the growing and rapidly evolving digital work intermediation platform space. While that realm tends to be thought of in terms of categories like freelancer marketplaces, crowdsourcing, and FMS, it is actually highly heterogeneous and continuously spawning innovative models.

Monday, October 10, 2016

FINSMES
WorkRails Raises $2.3 Million To Embed Access To Professional Services In Enterprise Software Products

WorkRails, a Huntington, NY-based software platform to make professional services accessible from within enterprise cloud applications, raised $2.3m in seed funding. The round was led by Boldstart Ventures with participation from Lerer Hippeau Ventures, BoxGroup, and Lattice Ventures. In conjunction with the funding, Eliot Durbin from Boldstart will be joining the Board of Directors.

Monday, October 10, 2016

PRWEB
WorkRails Raises $2.3 Million To Embed Access To Professional Services In Enterprise Software Products

WorkRails, the first software platform to make professional services accessible from within enterprise cloud applications, announces today that the company has raised $2.3 million. WorkRails uniquely allows software companies to embed consulting access as an application feature, making it easy, scalable and profitable to offer professional services.

Monday, October 10, 2016

WorkMarket Co-Founder Returns With New Startup WorkRails

WorkRails Inc., aims to embed a consultant button into a variety of cloud software applications. Its idea is to allow companies to connect to consultatnts who would help them use software they purchase.

Friday, October 7, 2016

Work-bench
WorkBench Company Of The Week

Founded by Jeff Leventhal (Cofounder of Work Market), WorkRails is a professional services platform embedded directly within applications and software that enables users to book consulting help from vetted professionals quickly and easily.

Friday, October 7, 2016

Sand Hill
Cloud Migration’s Impact on Professional Services and the Opportunity It Presents

Software’s $700 billion Professional Services (PS) market, which includes everything from systems integration to software deployment to network consulting, is in the midst of a rapid spending and value shift driven by the industry’s continued migration to the cloud and subscription-based models.

News (Sandhill.com)