Dragonboat, a Santa Clara, CA-based fastest-growing product portfolio management platform, announced it raised a $12 million Series A round to Bring Responsive Product Portfolio Management to Every Company.

The round was led by New York-based global private equity and venture capital Insight Partners, with participation from existing investors, Act One Ventures, Roble Ventures, and GingerBread Capital. The round quickly follows the company's $3M seed announcement in July and 500% growth since January.

With the $12M cash infusion, Dragonboat is hiring on all fronts to accelerate growth, product development, and its mission of helping all teams best achieve product portfolio outcomes.

Company: Dragonboat Inc. 

Raised: $12.0M

Round: Series A

Funding Month: December 2021

Lead Investors: Insight Partners

Additional Investors: Act One Ventures, Roble Ventures, and GingerBread Capital

Company Website: https://dragonboat.io/

Software Category: Product portfolio platform

About the Company: Dragonboat is the fastest growing product portfolio platform for outcome-focused teams to strategize, prioritize, plan and deliver products that drive business results. Dragonboat is the only platform that enables product teams with top-down alignment, bottom-up innovation, and cross-functional collaboration. With Dragonboat, product teams can connect OKRs, customer insights, and product initiatives in one source of truth PPM platform.

Source: https://www.prnewswire.com/news-releases/dragonboat-raises-12m-series-a-led-by-insight-partners-301438808.html