Betterworks, Inc.

Overview
News
Remote Work Infrastructure?
Product stageSegments
Expansion
?
Integrated Performance and Engagement Platforms
?

Betterworks is an enterprise-grade objectives and key results (OKR) and performance management platform. The platform’s products include customizable templates for one-on-ones, goal setting and alignment, and insights into workforce development through its new features “Calibration” and “Feedback and Summary” launched in January 2020. In March 2023, Betterworks introduced “Betterworks 1:1s” to facilitate one-on-one meetings with their managers and peers. 

In February 2020, Betterworks acquired “Hyphen”, an employee engagement platform that is complementary to its offering. This acquisition further established the company’s product by combining Hyphen’s knowledge of employee surveys and feedback insights. 

Key customers and partnerships

The platform’s clients include Air Canada, Freddie Mac, LendingTree,  Best Western, ExxonMobil, FedEx, Hulu, and Sony Pictures. The platform integrates with popular third-party enterprise tools such as G Suite, Asana, Jira, and Salesforce.

Funding and financials

In May 2021, the company announced that it raised USD 61 million in fresh funding from existing investors. Its existing backers include Kleiner Perkins, Correlation Ventures, Emergence, and Pear VC. The new proceeds will be funneled toward product development in areas such as AI and analytics, product integrations, and partnerships.

HQ location:
101 Jefferson Drive, 1st floor Menlo Park, CA 94025 Menlo Park CA USA
Founded year:
2011
Employees:
101-250
IPO status:
Private
Total funding:
USD 129.5 mn
Last Funding:
USD 61.0 mn (Series C; May 2021)
Last valuation:
-
Key competitors
Filter by the segments to which the disruptor belongs
All segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Funding data powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.