Total amount raised
$141.6 Millions
Latest funding date
05/01/2021
Location
WorkBoard has successfully raised significant funding to support its strategy execution platform, WorkBoardAI. The platform offers solutions for aligning teams, driving results, and fostering a high-performance culture through the use of AI and automation.
Keep reading to explore the intricacies of WorkBoard's fundraising journey and the investors backing this innovative platform.
What Is Workboard?
WorkBoard, founded in 2014, operates in the enterprise software industry, specifically focusing on SaaS (Software as a Service). The company is renowned for its platform, WorkBoardAI, which is designed to enhance strategy execution and OKRs (Objectives and Key Results).
WorkBoardAI is trusted by numerous well-known companies to align teams on strategic outcomes and drive fast, organization-wide execution. The platform offers features for leaders, teams, and HR to improve alignment, accountability, and performance through AI-driven tools and integrations with enterprise systems.
How Much Funding Has Workboard Raised?
- Seed Round
- Amount Raised: $2.8M
- Date: February 2014
- Lead Investors: Granite Ventures, Opus Capital
- Convertible Note
- Amount Raised: $1.5M
- Date: May 2015
- Lead Investors: -
- Series A
- Amount Raised: $9.3M
- Date: December 2017
- Lead Investors: Floodgate, M12 - Microsoft's Venture Fund
- Series B
- Amount Raised: $23M
- Date: March 2019
- Lead Investors: Notable Capital
- Series C
- Amount Raised: $30M
- Date: January 2020
- Lead Investors: Andreessen Horowitz
- Series D
- Amount Raised: $75M
- Date: May 2021
- Lead Investors: SoftBank Vision Fund
In total, WorkBoard has raised $141.6M.
Key Investors
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is one of the largest technology-focused investment funds in the world, managed by SoftBank Group. It aims to accelerate the AI revolution through strategic investments in innovative companies.
- Investment Focus Areas: AI, robotics, telecommunications
- Notable Investments: Uber, WeWork, Arm Holdings
- Andreessen Horowitz
- Details: Andreessen Horowitz, also known as a16z, is a private venture capital firm based in Silicon Valley. It is known for backing high-growth startups and providing extensive support to its portfolio companies.
- Investment Focus Areas: Software, fintech, healthcare
- Notable Investments: Facebook, Airbnb, Slack
- Notable Capital
- Details: Notable Capital is a venture capital firm that invests in early to growth-stage technology companies. It focuses on identifying and nurturing high-potential startups.
- Investment Focus Areas: Technology, SaaS, enterprise software
- Notable Investments: Not publicly disclosed
- Floodgate
- Details: Floodgate is a venture capital firm that specializes in early-stage investments. It is known for its hands-on approach and strong network in the tech industry.
- Investment Focus Areas: Consumer internet, enterprise IT, marketplaces
- Notable Investments: Twitter, Lyft, Okta
- M12 - Microsoft's Venture Fund
- Details: M12 is the venture capital arm of Microsoft, focusing on investments in enterprise software companies. It provides not only capital but also strategic support and access to Microsoft's ecosystem.
- Investment Focus Areas: Cloud computing, cybersecurity, AI
- Notable Investments: Asana, Livongo, Outreach
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