DENVER, December 16, 2021 / PRNewswire / – Gtmhub, the leading provider of OKR (Key Objectives and Results) software, closed a $ 120 million funding cycle, the largest cycle in the OKR software industry to date. Directed by Index companies with the participation of Visionaries Club and loyal investors, Insight Partners, Singular and CRV, the cycle will be used to scale operations, increase market penetration and expand product offerings, including predictive and prescriptive capabilities.
Gtmhub’s last funding round comes less than 12 months after raising a $ 30 million B series in January 2021. With $ 161 million in total funding, Gtmhub has raised more than any other organization in the $ 42 billion OKR software area. This rapid growth demonstrates Gtmhub’s position as a dominant player in the market and validates the growing demand for enterprise OKR solutions to enable successful strategy execution.
“Gtmhub is the mission control of some of the fastest growing companies in the world,” said Martin Mignot, partner at Index Ventures. “We have seen the productivity and speed of their client teams soar time and time again, and we are confident this will become a must for any business that wants to stay competitive. They’re taking the OKR space by storm with a sophisticated product that integrates with hundreds of SaaS tools and can automate tons of manual tasks, and we’re excited to support them as they scale up. worldwide.”
Companies often have internal silos and employees do not understand how their work contributes to the long-term success of the organization. Gtmhub’s OKR platform helps companies stay focused on goals while maintaining transparency and visibility across the organization. With this most recent funding, Gtmhub will double the innovation of the platform, including prescriptive and predictive capabilities, further strengthening its superiority over other industry players in terms of capabilities, vision and value.
“Putting together the biggest round in the industry to date is just validation that our model works and proof that other players just can’t keep up,” said Ivan Osmak, CEO of Gtmhub. “We help people and businesses achieve their goals and deliver results while continuing to innovate and increase business value. Although our growth is rapid and our goals ambitious, we have no intention of slowing down. “
Gtmhub’s customers include companies like Adobe, TomTom, Red Hat, and Experian, and its 500,000+ users span over 75 countries. The company employs 240 people but is set to double its workforce and triple its turnover in the coming year.
To learn more about Gtmhub and its offerings, visit: gtmhub.com
Gtmhub is the global leader in OKR management and strategy execution software with offices in Denver, Sofia, Berlin, Paris and London. Their goal is to empower organizations to improve internal alignment and maintain focus through their world-class OKR platform. Gtmhub strives to help its 1,000 clients, including businesses, nonprofits, startups and governments, achieve their goals with OKRs throughout their journey of accelerated growth and transformational change. .
About Index Ventures
Index companies is a venture capital firm based in London, San Francisco and Geneva, helping entrepreneurs turn bold ideas into transformative international businesses. Since 1996, they have partnered with exceptional entrepreneurs in Europe, the United States and Israel, who use technology to reshape the world around us. The companies they have created include Adyen, Deliveroo, Dropbox, Farfetch, King, Slack, and Supercell. The index covers all stages of investment, from the first seed to explosive growth. They believe that opportunity is a state of mind and look for people who spot something that others haven’t seen; something they foresee can change the world and are committed to making it happen. More than anything, they are passionate about building lasting relationships with the entrepreneurs they work with, which is why entrepreneurs are their best reference.
BLASTmedia for Gtmhub