WorkEQ
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
WorkEQ was a Dallas, Texas startup founded in 2020 that built a contact-tracing and health-monitoring platform for employers: it tracked when employee symptoms started to determine infectious periods and which co-workers might have been exposed, aiming to help organizations respond quickly to prevent viral outbreaks. It raised $3.3 million in total, including a $3.25 million seed round in December 2020, and had 20 employees as of 2023.
02 / WorkEQ FAILURE REASONS
Failure reasons
WorkEQ was a pandemic-era solution whose demand vanished with the pandemic. As COVID receded and employer contact-tracing mandates disappeared, its market evaporated. PitchBook records the company as Out of Business as of May 27, 2024, with no public shutdown announcement.
03 / EVENT HISTORY
Events in the structured record
- Founded and funded
WorkEQ is founded in Dallas, Texas to build employer contact-tracing and health-monitoring software; it raises a $3.25 million seed round in December 2020.
- Out of business
PitchBook records WorkEQ as Out of Business as of May 27, 2024, with no public shutdown announcement.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
In 2020, WorkEQ was founded in Dallas, Texas, building employer contact-tracing and health-monitoring software and raising a $3.25 million seed round.
- 02
As COVID receded, employer contact-tracing demand disappeared.
- 03
In May 2024, PitchBook records WorkEQ as Out of Business; no public shutdown announcement was made.