How Much Did ActivTrak Raise?
Funding & Key Investors

ActivTrak, a prominent player in the workforce analytics sector, has successfully secured significant capital to bolster its market position. With a total funding accumulation of $70M, the company continues to demonstrate robust growth trajectories within the enterprise software landscape. The most recent financing round, totaling $0, underscores the ongoing investor confidence in the firm's ability to deliver actionable insights into organizational productivity and operational efficiency.

This latest infusion of capital arrives as ActivTrak scales its cloud-based platform to meet the evolving demands of modern, distributed workforces. By leveraging these resources, the company is well-positioned to enhance its technological infrastructure and expand its footprint in the competitive human capital management market.

What is ActivTrak?

ActivTrak
SoftwareHuman Resources SoftwareBusiness Intelligence (BI) Software

Founded in 2009 and headquartered in Austin, Texas, ActivTrak provides a sophisticated workforce analytics cloud designed to bridge the gap between employer expectations and employee performance. The platform offers granular visibility into people, processes, and technology, enabling organizations to make data-driven decisions that optimize business outcomes. Recognized by prestigious industry accolades such as the Deloitte Technology Fast 500 and the Inc. 5000, ActivTrak has established itself as a critical tool for enterprises seeking to maximize human potential in a digital-first environment. Its core value proposition lies in its ability to transform raw activity data into meaningful insights that drive operational excellence.

How much funding has ActivTrak raised?

ActivTrak has raised a total of $70M across 2 funding rounds:

2019

Series A

$20M

2020

Series B

$50M

Series A (2019): $20M with participation from Elsewhere Partners

Series B (2020): $50M led by Sapphire Ventures and Elsewhere Partners

Key Investors in ActivTrak

Sapphire Ventures

Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies. They are based in Palo Alto, California.

Elsewhere Partners

Elsewhere Partners specializes in providing growth capital investments to B2B software and services companies that are in high-growth stages.

What's next for ActivTrak?

Looking ahead, ActivTrak is poised to leverage its recent capital injection to accelerate product innovation and deepen its market penetration. As organizations continue to navigate the complexities of hybrid work models, the demand for objective, data-backed productivity metrics is expected to rise. The company's strategic focus will likely center on enhancing its predictive analytics capabilities and expanding its integration ecosystem to support seamless enterprise workflows. With the backing of seasoned investors, ActivTrak is strategically aligned to maintain its leadership in the workforce intelligence space, focusing on sustainable growth and the continued refinement of its analytics suite to address the nuanced needs of global enterprises.

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Frequently Asked Questions Regarding ActivTrak Financial Insights

What are the most recent funding rounds that ActivTrak has completed, and what were the funding rounds?
ActivTrak has recently completed 2 funding rounds: Series B on Nov 17, 2020, Series A on Mar 28, 2019.
What is the total amount of funding ActivTrak has raised to date?
ActivTrak has raised a total of $70M in funding to date.
How many funding rounds has ActivTrak completed?
ActivTrak has completed 2 funding rounds.
How much funding did ActivTrak raise in its most recent funding round?
ActivTrak raised $50M in its most recent funding round.
Who are the lead investors in ActivTrak's latest funding round?
The lead investor in ActivTrak's latest funding round was Sapphire Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ActivTrak's history?
The largest funding round in ActivTrak's history was $50M.
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