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WorkBoard funding, valuation and investors
Enterprise OKR and results management platform for strategic alignment.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series D
$75M · May 2021
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$105M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Redwood City, California
Overview
WorkBoard provides enterprise software for Objectives and Key Results (OKRs), business reviews, and strategic alignment — helping leaders cascade goals and track outcomes across teams. The company also certifies OKR coaches and publishes benchmarks on outcomes management. WorkBoard raised a $30M Series C in January 2020 led by Andreessen Horowitz and a $75M Series D in May 2021 led by SoftBank Vision Fund 2 with a16z and GGV Capital participating.
Why WorkBoard is interesting
Category leader certifying thousands of OKR coaches — SoftBank-led Series D after a16z Series C as enterprises standardize on outcomes-based planning.
Product & use cases
WorkBoard connects company objectives to team key results, automates business review cadences, and integrates with collaboration tools — positioning as the system of record for enterprise outcomes management beyond project tracking.
- Enterprise OKR rollout with executive dashboards and team alignment
- Quarterly business reviews with automated progress rollups
- OKR coach certification and methodology for Fortune 500 transformations
Key facts
- Series D (May 2021): $75M led by SoftBank Vision Fund 2; a16z and GGV — WorkBoard press
- Series C (Jan 2020): $30M led by a16z — TechCrunch
- OKR certification program for enterprise coaches
Funding history (newest first)
Series D
2021-05 $75M- SoftBank Vision Fund 2 (lead)
- Andreessen Horowitz (participant)
- GGV Capital (participant)
Source: Read source · workboard.com
Investors in our directory
Funds linked from WorkBoard's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: WorkBoard combined software with OKR methodology brand (certified coaches, research) — harder to displace than pure task tools once embedded in executive operating rhythms.
OKR software saw peak hype 2019–21; WorkBoard survived with enterprise logos and SoftBank D-round. Competition from HR suites adding goals modules pressures standalone OKR vendors. Moat is executive workflow embedding and coach ecosystem.
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Quantive (formerly Gtmhub) direct
OKR platform competitor; similar enterprise outcomes positioning.
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Lattice adjacent
HR performance management with goals module; WorkBoard deeper on OKR-specific workflows.
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Asana / Monday adjacent
Work management; WorkBoard focuses on outcomes hierarchy not task lists.
Notable stories
- WorkBoard CEO Deidre Paknad pioneered certifying OKR coaches at scale — blending SaaS with services ecosystem uncommon in enterprise software (WorkBoard).
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover WorkBoard's financing or category context.
FAQs about WorkBoard
Practical answers founders, operators, and investors typically search for.
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