BetterWorks Overview

  • Founded
  • 2010

Founded
  • Status
  • Private

  • Employees
  • 198

Employees
  • Latest Deal Type
  • Series B2

  • Latest Deal Amount
  • $30M

  • Investors
  • 24

BetterWorks General Information

Description

Developer of human resource software designed to align and activate the workforce for business growth. The company's software offers continuous performance management programs that help in goal alignment, feedback, coaching, check-ins, employee engagement, recognition, and development conversations necessary to inspire and motivate the entire workforce, enabling businesses of all sizes to easily set and measure goals.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Human Capital Services
Primary Office
  • 101 Jefferson Drive
  • 1st Floor
  • Menlo Park, CA 94025
  • United States
+1 (844) 000-0000

BetterWorks Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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BetterWorks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series B2) 19-May-2021 $30M 00000 00000 Completed Generating Revenue/Not Profitable
6. Later Stage VC (Series B2) 19-Feb-2019 0000 000.00 0000 Completed Generating Revenue/Not Profitable
5. Later Stage VC (Series B1) 19-Jun-2018 000.00 000.00 000.00 Completed Generating Revenue/Not Profitable
4. Later Stage VC (Series B) 23-Mar-2016 0000 000.00 0000 Completed Generating Revenue/Not Profitable
3. Early Stage VC (Series A) 23-Sep-2014 000.00 000.00 000.00 Completed Startup
2. Seed Round 16-Dec-2013 $2.5M $12.4M 0000 Completed Startup
1. Seed Round 03-Oct-2011 $9.9M $9.9M Completed Startup
To view BetterWorks’s complete valuation and funding history, request access »

BetterWorks Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B-2 000,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.00
Series B-1 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Series B 00,000,000 00.000000 00.00 00.0 00.0 00 00.0 0.000
Series A 11,461,618 $0.000001 $0.09 $1.1 $1.1 1x $1.1 2.07%
Seed 5,000,000 $0.000001 $0.04 $0.5 $0.5 1x $0.5 0.9%
To view BetterWorks’s complete cap table history, request access »

BetterWorks Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of human resource software designed to align and activate the workforce for business growth. The company's sof
Business/Productivity Software
Menlo Park, CA
198 As of 2022
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000000000000000000000 00000000
Redwood City, CA
000 As of 0000
00000
0000 0000-00-00
00000000000 00000

000000

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000000000000000000000 00000000
Bristol, United Kingdom
00 As of 0000
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BetterWorks Competitors (67)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
WorkBoard Venture Capital-Backed Redwood City, CA 000 00000 00000000000 00000
0000000000 Accelerator/Incubator Backed Bristol, United Kingdom 00 000000000
0000000000 Corporation Orem, UT
00000000 Private Equity-Backed Exton, PA 000 0000 00000000000 0000
000000000 Formerly VC-backed Seattle, WA 00 00.00 000000&0 00.00
You’re viewing 5 of 67 competitors. Get the full list »

BetterWorks Patents

BetterWorks Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20170193427-A1 Project-based team environment Abandoned 04-Jan-2016 0000000000000 0
US-20160260047-A1 Monitoring individual and aggregate progress of multiple team members Abandoned 03-Mar-2015 0000000000000 0
US-10896390-B1 Multidirectional cascading goals Active 14-Jul-2014 000000000000 0
US-20120239478-A1 Systems and methods for employee rewards Abandoned 18-Feb-2011 G06Q10/06398 00

BetterWorks Executive Team (19)

Name Title Board Seat Contact Info
Douglas Dennerline Chief Executive Officer & Chairman
Andrea Lagan Chief Customer and People Officer & Chief Operating Officer
John Schneider Chief Marketing Officer
Shep Maher Chief Revenue Officer
Arnaud Grunwald Chief Product Officer
You’re viewing 5 of 19 executive team members. Get the full list »

BetterWorks Board Members (11)

Name Representing Role Since
Amy Cappellanti-Wolf Self Board Member 000 0000
Bruce Felt Jr. Self Board Member 000 0000
Douglas Dennerline BetterWorks Chief Executive Officer & Chairman 000 0000
Jason Green Emergence Capital Partners Board Member 000 0000
John Doerr III Kleiner Perkins Board Member 000 0000
You’re viewing 5 of 11 board members. Get the full list »

BetterWorks Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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BetterWorks Investors (24)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
8VC Venture Capital Minority 000 0000 000000 0
Aaron Levie Angel (individual) Minority 000 0000 000000 0
Correlation Ventures Venture Capital Minority 000 0000 000000 0
Emergence Capital Partners Venture Capital Minority 000 0000 000000 0
North Coast Technology Investors Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 24 investors. Get the full list »

BetterWorks Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 (00000 20-Feb-2020 0000000000 Human Capital Services 0000000 0
To view BetterWorks’s complete acquisitions history, request access »