What is Workboard?
Workboard is at the forefront of AI-driven strategy execution, offering a robust Objectives and Key Results (OKR) software platform tailored for large enterprises. Founded in 2014, the company empowers leadership teams to translate strategic visions into actionable plans, ensuring alignment across all organizational levels. By serving as a central "System of Record" for strategy, Workboard enables businesses to navigate complex market dynamics with enhanced clarity and focus. Its client roster includes major global corporations such as Cisco, Microsoft, Capital One, 3M, and Renault, highlighting the platform's effectiveness in driving business outcomes and fostering agility in fast-changing environments.
How much funding has Workboard raised?
Workboard has raised a total of $130.8M across 4 funding rounds:
Series A
$2.8M
Series B
$23M
Series C
$30M
Series D
$75M
Series A (2014): $2.8M with participation from Crosslink Capital, Opus Capital, Granite Ventures, and Shea Ventures
Series B (2019): $23M led by M12, Floodgate, GGV Capital, Workday Ventures, and Opus Capital
Series C (2020): $30M supported by M12, GGV Capital, Workday Ventures, and Andreessen Horowitz
Series D (2021): $75M featuring GGV Capital, Andreessen Horowitz, M12, Venture One Capital, SVB Capital, Workday Ventures, and SoftBank Vision Fund 2
Key Investors in Workboard
GGV Capital
GGV Capital is a global venture firm that invests in seed-to-growth stage companies across Social/Internet, Enterprise Tech, and Smart Tech sectors. They have a strong track record of backing innovative companies worldwide.
M12
M12, Microsoft's Venture Fund, focuses on enterprise software companies, particularly those in applied AI, business applications, and infrastructure, providing strategic go-to-market resources.
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm that invests in both early-stage startups and established growth companies, known for its deep expertise in technology.
What's next for Workboard?
With the recent infusion of $75M in a major strategic investment, Workboard is poised for accelerated expansion and product development. This capital injection, part of its $130.8M in total funding, will likely fuel advancements in its AI capabilities and further solidify its position in the competitive enterprise software market. The company's focus on strategy execution and OKR management addresses a critical need for organizations aiming to improve performance and adapt to evolving business landscapes. Future growth is expected to involve deeper integration with enterprise systems and enhanced analytics to provide even greater strategic insights, reinforcing Workboard's role as a key enabler of business success.
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