Startup profile for WorkBoard: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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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 snapshot

Latest 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

Investors in latest funding

Lead: SoftBank Vision Fund 2

Other: Andreessen Horowitz , GGV Capital

Sources: latest funding Last verified: 2026-07-25

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

Source: https://www.workboard.com/blog/series-d

Series C

2020-01 $30M

Source: https://techcrunch.com/2020/01/workboard-series-c

Investors in our directory

Funds linked from WorkBoard's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz GGV Capital

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.

  • Quantive (formerly Gtmhub) direct

    OKR platform competitor; similar enterprise outcomes positioning.

  • Lattice adjacent

    HR performance management with goals module; WorkBoard deeper on OKR-specific workflows.

  • 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

Enterprise SaaS

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.

WorkBoard is enterprise software for OKRs, business reviews, and strategic alignment — outcomes management for large organizations.
a16z (/fund/andreessen-horowitz) led Series C ($30M, 2020). SoftBank led Series D ($75M, 2021) with a16z and GGV (/fund/ggv-capital).
Asana manages tasks and projects. WorkBoard manages objectives, key results, and executive review cadences.
Objectives and Key Results — a goal-setting framework (popularized by Intel/Google) WorkBoard productizes for enterprises.
May 2021, $75M.
Yes — WorkBoard runs OKR coach certification programs per company materials.
Redwood City, California.
Growth stage post-Series D (2021).
No public profitability disclosure.
Fortune 500 and large enterprises running OKR programs — customer logos on workboard.com.
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By Venture Capital Tracker

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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.