Vergo has launched a financial platform built for managing the business finances of designers, builders and architects and is now operating out of WorkSocial’s Jersey City headquarters at 111 Town Square Place, 12th Floor.
Vergo was founded by Richard Kane and Einar Hohenstein in August 2021 for streamlining designers’ accounting and project management needs. The company’s software offers a banking tool that helps industry professionals with estimates, invoicing and every step in between through industry-specific banking features.
In June, Vergo announced that it had secured a $4.1 million seed funding round led by CRV and notable investors like industry-known interior designer Kelly Wearstler in its latest seed funding round. The company plans to grow its 15-person team significantly and will enhance its product offerings through partnerships with industry-oriented retailers. More than 5,000 architects, interior designers and contractors are on the waitlist to join the platform.
“We couldn’t be happier to launch Vergo at WorkSocial’s headquarters,” said Kane. “Jersey City has a strong network of designers, contractors and architects and provides easy access to New York City and surrounding metro areas. We love that we can be in the heart of where our clients are and offer them a financial solution that helps them focus less on banking needs and more on what they do best–creating unique and beautiful spaces.”
WorkSocial’s New Jersey and New York-based coworking spaces offer a hub for entrepreneurs and growing businesses. Recently, the minority and woman-owned coworking company announced the expansion of its Jersey City headquarters to 14,000 sq. ft. from 8,400 ft, increasing its offerings of private offices, day offices, coworking spaces, virtual offices, and conference rooms–with premium amenities including virtual reception service, secure server access, shipping and mailing, onsite notary and complimentary high-speed Wifi, printing, hot breakfast, lunch, beverages and snacks.
“I am proud to welcome Vergo to the WorkSocial community, serving as its home base and expanding network of professional team members and clients,” said Natasha Mohan, CEO and Founder of WorkSocial. “We look to serve businesses across a variety of industries and champion their growth and long-term success. Vergo offers a groundbreaking solution that was desperately needed in the industry, and we look forward to its continued success.”
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