Gtmhub, a Denver, Colorado-based leading provider of OKRs (Objectives and Key Results) software, closed a $120 million in Series C funding round, the largest round in the OKRs software industry to date.
The round was led by Index Ventures, with participation from Visionaries Club and returning investors, Insight Partners, Singular and CRV,
The round will be used for scaling operations, increasing market penetration, and expanding product offerings, including predictive and prescriptive capabilities.
Gtmhub's latest funding round comes less than 12 months after it raised a $30 million Series B in January 2021. With $161 million in total funding, Gtmhub has raised more than any other organization in the $42 billion OKRs software space.
Company: Gtmhub Ltd.
Round: Series C
Funding Month: December 2021
Lead Investors: Index Ventures
Additional Investors: Visionaries Club, Insight Partners, Singular and CRV
Company Website: https://gtmhub.com/
Software Category: OKRs (Objectives and Key Results) software
About the Company: Gtmhub is the world's leading OKRs and Strategy-Execution management software with offices in Denver, Sofia, Berlin, Paris, and London. Their purpose is to enable organizations to improve internal alignment and maintain focus through their world-class OKRs platform. Gtmhub strives to help their 1,000+ clients — including enterprises, not-for-profits, startups, and governments —achieve their goals with OKRs along their journey of accelerated growth and transformational change. Gtmhub's clients include companies like Adobe, TomTom, Red Hat, and Experian, and its 500,000+ users span more than 75 countries. The company employs 240 people but is on track to double its headcount and triple its revenue in the coming year.
Source: https://www.prnewswire.com/news-releases/gtmhub-raises-120-million-series-c-largest-funding-round-in-the-okrs-software-space-301445842.html https://gtmhub.com/blog/gtmhub-raises-120-million-series-c-largest-funding-round-in-the-okrs-software-space