TLDR:
- DataOp made a significant investment in Wrky, an enterprise solution for employee Attraction, Retention and Reward (ARR)
- The investment in Wrky brings DataOp’s investments in Irish FinTechs to around €20m
DataOp, the venture capital firm founded by former Waystone Management Team members Derek Delaney, Paul Cahill, and Glen Magee, has recently made a new investment in Wrky. This investment follows DataOp’s launch and previous investment in FundRecs. According to Glen Magee, Wrky stood out to them due to its strong team, including CEO Brian and CTO Barry Gordon. They were impressed by the simplicity and intuitiveness of Wrky’s data optimization solutions, which provide actionable insights to users. DataOp is currently in talks with several other companies for potential investments and plans to complete deals with at least half of them. Additionally, ComOp, a sister company of DataOp, will announce a new funding round soon. Both DataOp and ComOp focus on leveraging technology to operate more efficiently in a world with limited resources. They invest in companies that can infer outcomes, consequences, and provide recommendations based on data analysis. Overall, DataOp’s investment in Wrky highlights their commitment to bridging the funding gap for Irish FinTechs focused on data optimization.
