A smart work collaboration tool fitted exactly to the needs of startups, lawyers and tax advisors combined with ease of use, real time data room functionality and dashboard analytics – that is what Worklean wants to provide.
LTB: What does Worklean do?
Waldburg: Worklean www.worklean.com is a work collaboration platform in the cloud. You can store and share documents and collaborate effectively on multiple projects. Worklean can be used from the very first day of a company to structure and share all business documents internally as well as with external advisors such as tax advisors, lawyers or investors. Worklean offers also smart templates, e.g. a Due Diligence checklist.
LTB: What stage is your business currently at?
Waldburg: We have developed Worklean for the past 12 months talking to many potential customers. Currently we are in the late beta and will go live within the next two months.
LTB: Who are the founders and key-team-members of Worklean? How do you plan to scale the team in the next 12 months?
Waldburg: I am the founder together with an serial entrepreneur and I currently have a team of five developers and three students. We are looking for more senior developers anda head of marketing. We are planning a first financing round in the next six months.
LTB: What is the story behind Worklean?
Waldburg: The idea of Worklean was born at the time when I was a partner at Allen & Overy. I suffered from e-mail communication, losing too much time on searching for the right documents and the communication around those documents. Communication on platforms is much more efficient. I faced this problem everyday and it’s not only me, but all the advisors out there, but also the young startup companies or SMBs. Advising some early-stage startups I realized that e.g. their due diligence process, especially the Q&A process was totally a mess because they were not willing to pay the high prices for the data rooms and there was no affordable, user-friendly platform that they could use long-term.
Waldburg: Worklean is a smart work collaboration platform for your entire business: document management, workflow management, effective communication with your team, but also with your external advisors. Relevant and smart templates are available at no extra cost and users can save their own templates, e.g. investors can save their standard due diligence checklists or tax advisors can save their standard accounting templates to share them with new customers within seconds. It will also be able to integrate your e-mail communication. Worklean is very user-friendly and intuitive. Costs are absolutely affordable, even for startups withless than 1 Euro per day. For advisors such as lawyers or tax advisors who are facing the challenges of digital transformation Worklean is the tool of choice to win new customers. Please visit Worklean at www.worklean.com and join the platform for free.
LTB: What gives Worklean a competitive advantage?
Waldburg: Worklean offers a smart high tech platform with e-mail integration, intelligent templates and workflow tools at a fraction of the cost of established platform providers which actually have started greying.
LTB: What is the pricing model?
Waldburg: Worklean will have a special offer for startups, i.e. companies which are not older than 2 years since they have been founded. The cost will be less than a euro per day. It will be a fair monthly rate based on the number of users.
LTB: What have you learned from early versions of Worklean?
Waldburg: We have learned that building a communication platform requires intensive and reiterative testing and needs a lot of development before the platform works properly. Initially it was my vision based on my experience as a lawyer. Today the product is based so much on the valuable feedback of our beta users.
LTB: What do you see are the principal risks to the business?
Waldburg: The pace at which innovation takes place is very intense. The compliance challenges of businesses become higher and higher and certainly the area of business communication is a delicate area and high efforts are necessary to provide a communication platform which meets these requirements.
Please visit Worklean at www.worklean.com and join the platform for free.