What is Process Street?
Process Street offers a cloud-based business process management (BPM) solution designed to empower organizations in creating comprehensive process documents and checklists for their recurring projects. Founded in 2014 and headquartered in San Francisco, California, the company addresses the need for standardized operational workflows in a dynamic business environment. Their platform facilitates the digitization and management of business processes, aiming to improve efficiency and consistency across teams.
How much funding has Process Street raised?
Process Street has raised a total of $13.4M across 3 funding rounds:
Other Financing Round
$58K
Other Financing Round
$1.3M
Series A
$12M
Other Financing Round (2015): $58K with participation from AngelPad companies
Other Financing Round (2017): $1.3M led by AirTree Ventures
Series A (2020): $12M supported by Accell Group N.V., Salesforce.Com Inc, and Atlassian Corporation Plc
Key Investors in Process Street
AirTree Ventures
AirTree Ventures is an early-stage venture capital firm focused on supporting Australian and New Zealand technology founders. They are known for their commitment to nurturing the startup ecosystem and providing resources to help emerging companies grow.
Salesforce.Com Inc
Salesforce.com Inc. is a global leader in cloud-based software, providing customer relationship management (CRM) services and enterprise solutions. Their investment suggests a strategic alignment with Process Street's business process management capabilities.
AngelPad companies
AngelPad is a highly selective seed-stage accelerator program that assists early-stage companies in achieving product-market fit and preparing for fundraising. Their involvement highlights Process Street's strong foundation and potential for rapid growth.
What's next for Process Street?
The recent major strategic investment indicates a pivotal growth phase for Process Street, likely aimed at scaling operations, expanding market reach, and further developing its BPM platform. This infusion of capital suggests a strong investor confidence in the company's trajectory and its potential to capture a larger share of the business process management market. Future initiatives may include enhancing AI capabilities within its workflow automation, deepening integrations with other enterprise software, and expanding its customer base globally. The company's focus on recurring projects and checklists positions it well for industries requiring rigorous process adherence.
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