What is Koan?
Founded in 2016 and headquartered in Portland, Oregon, Koan provides a comprehensive SaaS solution to streamline the management of goals and Objectives and Key Results (OKRs) across organizations. The platform aims to enhance alignment, transparency, and accountability within teams, enabling businesses to effectively track progress towards strategic objectives. Koan's focus on goal management positions it within the competitive landscape of business productivity and performance management software.
How much funding has Koan raised?
Koan has raised a total of $5.2M across 2 funding rounds:
Angel/Seed
$5M
Debt
$150K
Angel/Seed (2019): $5M with participation from Crosslink and Uncork Capital
Debt (2020): $150K led by PPP
Key Investors in Koan
Crosslink
Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies. With a focus on seed and Series A investments ranging from $1M to $9M, the firm has a diverse portfolio across North America, boasting over 50 exits including 17 IPOs.
Uncork Capital
Uncork Capital is a seed-stage venture firm that commits early to startups and remains involved to provide critical support. The firm focuses on assisting companies through the challenges of early growth, aiming to build lasting partnerships.
PPP
Public-Private Partnership
What's next for Koan?
With its recent major strategic investment, Koan is poised for accelerated growth and product development. The company is likely to leverage this capital to expand its market reach, enhance its platform's capabilities, and potentially scale its operations to meet increasing enterprise demand. This funding round suggests a strong investor confidence in Koan's business model and its ability to capture a significant share of the OKR and goal-management market.
See full Koan company page
