Digital Platform Conductor Company ReadyWorks Raises $8 Million

By Annie Baker ● Jan 14, 2022
  • ReadyWorks recently announced it raised $8 million. These are the details.

ReadyWorks — a digital platform conductor (DPC) that leverages AI and intelligent automation to reduce the risk and costs of IT infrastructure transformation — recently announced that it has closed $8 million in Series A financing led by Credit Suisse Asset Management’s NEXT Investors.

With this funding round, ReadyWorks will expand its technology platform to help enterprises accelerate their digital transformation efforts in response to pandemic-driven disruptions that continue to create global workforce challenges amid increasingly distributed operations. And a pioneer in the DPC space, ReadyWorks will accelerate its go-to-market strategy to enable businesses to drive IT infrastructure transformation while managing risk and maintaining business continuity.

The ReadyWorks platform was created by a team of engineers and project managers that have been delivering IT transformation programs to enterprises over the last 20 years. And the company’s DPC technology was born in the IT trenches, where siloed systems and manual processes are often the gating factors to innovation and create security and data governance risks.

KEY QUOTES:

“Enterprise IT environments have become increasingly complex as businesses have realized that legacy systems are not capable of helping them get to where they need to be. The tools and manual processes that businesses often use introduce risk, increase costs, and delay the execution of critical transformation programs. We are focused on leveraging AI and intelligent automation to help businesses redefine how IT transformation programs are managed so that they can accelerate adoption of technology innovations without breaking access to critical business systems.”

— Andrew Sweeney, Co-Founder of ReadyWorks

“We are excited to be working with the team at ReadyWorks. ReadyWorks takes a differentiated approach towards digital transformation efforts, which is a critical issue facing enterprises today.”    

— Greg Grimaldi, Co-Head and Portfolio Manager of NEXT Investors at Credit Suisse Asset Management