What is Pingboard?
Pingboard is a software program designed to create real-time organizational charts. It automates the process of building and updating org charts by synchronizing with HRMS software, eliminating manual efforts. The platform allows for flexible sharing of org charts, with options for privacy controls, public access for all employees, and a dedicated mobile application. Employee information can be managed by administrators or updated directly by employees themselves, ensuring accuracy and real-time relevance.
How much funding has Pingboard raised?
Pingboard has raised a total of $7.8M across 2 funding rounds:
Angel/Seed
$7.5M
Debt
$350K
Angel/Seed (2018): $7.5M with participation from Jason Cohen, Pat Condon, Rony Kahan, Jonathan Siegel, Pat Matthews, Auren Hoffman, Active Capital, Bill Boebel, Joshua Baer, Capital Factory companies, and Silverton Partners
Debt (2020): $350K led by PPP
Key Investors in Pingboard
Auren Hoffman
Auren Hoffman is an entity operating within the Software industry, based in San Francisco, California, with a revenue range of $1M-$5M and 10-19 employees, suggesting a focus on specialized software solutions.
Active Capital
Active Capital is a venture firm specializing in leading seed rounds for B2B SaaS companies outside of Silicon Valley, founded by experienced B2B SaaS entrepreneurs and headquartered in San Antonio, Texas.
Capital Factory companies
Capital Factory is a prominent hub for entrepreneurs in Texas and Washington, D.C., recognized as the most active investor in Texas since 2010, fostering startup growth through resources, networks, and investment.
What's next for Pingboard?
The substantial enterprise-level funding indicates Pingboard's strategic positioning for scaling its operations and expanding its market reach. This capital infusion is likely to fuel product development, enhance its integration capabilities with HRMS platforms, and bolster its sales and marketing efforts to capture a larger share of the organizational charting software market. The focus on strategic investment suggests a path towards sustainable growth and potential market leadership in providing dynamic workforce visualization tools.
See full Pingboard company page
