What is Pingboard?
Pingboard offers a dynamic software solution designed to create and manage real-time organizational charts. Its core functionality includes automatic synchronization with HRMS software, eliminating the manual effort typically associated with org chart creation. The platform allows for granular sharing controls, enabling privacy or company-wide access through a dedicated mobile application. Employee data can be efficiently updated by administrators or directly by employees, ensuring organizational clarity and up-to-date information flow.
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 Jonathan Siegel, Active Capital, Auren Hoffman, Pat Matthews, Jason Cohen, Silverton Partners, Bill Boebel, Joshua Baer, Pat Condon, Capital Factory companies, and Rony Kahan
Debt (2020): $350K led by PPP
Key Investors in Pingboard
Active Capital
Active Capital is a venture firm designed to lead seed rounds for B2B SaaS companies outside of Silicon Valley. The firm is founded and run by former B2B SaaS founders with hands-on experience starting, building, and scaling high growth businesses in underdog cities across America.
Silverton Partners
Silverton Partners is a leading early-stage venture capital firm based in Austin, Texas, specializing in investing in companies that leverage technology to create significant barriers to entry. With over 75 portfolio companies, 30+ acquisitions, and 4 IPOs, they are recognized as the most active venture capital firm in Texas.
Capital Factory companies
Capital Factory serves as a hub for entrepreneurs, programmers, and designers, providing resources, networks, and support to help startups thrive. With locations in major Texas cities and Washington, DC, it connects innovators with investors, employees, and customers.
What's next for Pingboard?
The recent major strategic investment in Pingboard, following its enterprise-level funding context, suggests a phase of significant scaling and market penetration. This backing is likely to fuel product development, enhance sales and marketing efforts, and potentially explore new integrations or enterprise solutions. The company's focus on automating and simplifying organizational charting positions it well to capitalize on the growing demand for efficient HR technology and internal communication tools.
See full Pingboard company page
