Wowworks

Wowworks is a Russian service for searching for service personnel, founded in 2015 by Sergey Dyadichenko and Alexander Shipilov. The digital platform is engaged in the selection of specialists to service offices and points of sale, they carry out minor repairs for their customers, are engaged in cleaning premises, repair and configure office equipment, etc. (a total of 300 types of services). The service, according to Dyadichenko, allows companies to save up to 40% on operating costs. Wowworks works without subscription fees, money - only for the work of specialists.

Performance indicators

2020: Revenue growth 10 times, up to $7 million

Wowworks revenue (total customer payments) in 2020 increased 10 times compared to 2019 - to $7 million. At the same time, the performers themselves received 67% of this amount.

History

2021: Raising $3.6 million

July 9, 2021 it became known about the attraction by Wowworks of investments in the amount of $3.6 million. DV Capital funds (created by former top managers of the National Media Group Olga Paskina and Alexei Yanchishin) and LVL1 co-founder of VKontakte Lev Leviev, as well as the Addventure fund, invested in the startup.

They write about investing in Wowworks Sheets"" with reference to a joint statement by DV Capital and LVL. Wowworks co-founder Sergei Dyadichenko said that according to the results of the transaction, investors received a minority stake in the service. But which one, he did not name.

Olga Paskina's fund DV Capital invested in Wowworks service search service

Addventure managing partner Maxim Medvedev linked the investment decision to the fact that the platform could become the largest player in the office service market. In the future, the service plans to enter the markets of India and Southeast Asia. According to Medvedev, now mostly small players with outdated technologies work in this segment, while Wowworks sees great prospects for development.

By July 2021, about 40 thousand artists were registered on the Wowworks platform. The company has more than 200 corporate clients, including Sber, Svyaznoy, L'Etoile, DNS, Zolla, Modis, Rigla pharmacy chains and 36.6^[1]

Notes