Shibumi, a Norwalk, CT-based provider of strategic portfolio management software for enterprise customers, announced that it raised $30 million in growth investment from Guidepost Growth Equity.
This partnership will further accelerate the company's global market expansion, product development, and go-to-market initiatives.
"In Guidepost, we found a true partner who shares our strategic vision to empower organizations to simplify execution, reduce risk, and reach their most strategic objectives," said Bob Nahmias, Shibumi Co-Founder and CEO. "This partnership will support our investments in expanding our global footprint, accelerating our product development, and continuing to deliver exceptional customer value."
Shibumi helps organizations optimize their strategic investments and deliver continuous enterprise-scale transformation by ensuring firmwide strategy-to-execution alignment, monitoring dependencies, providing real-time visibility into projects and benefit realization, and enabling adaptive scenario analysis and resource allocation.
Shibumi's flexible SaaS platform recently received recognition in Gartner's Magic Quadrant for the second consecutive year and integrates with top technology vendors (Salesforce, Atlassian, ServiceNow, Automation Anywhere, etc.) to bring crucial data into view.
More than 50,000 strategic initiatives and over $100 billion of the business value it currently managed within the Shibumi platform.
Company: Shibumi.com, Inc.
Round: Growth Equity
Funding Month: October 2022
Lead Investors: Guidepost Growth Equity
Company Website: https://shibumi.com/
Software Category: Strategic Program & Portfolio Management Software
About the Company: Shibumi, a strategic portfolio management platform founded in 2012, was created to meet the demands of CIOs, CFOs, EPMOs, and operations executives in complex organizations. The platform is the single source of truth to optimize decision-making and align the execution of program initiatives at every level of the company in corporate business strategy, unlocking billions of dollars in value. The largest companies in the world, including more than 70 of the Fortune 1000, and eminent advisory firms, such as PWC, EY, IBM, Accenture, and LEK, among others, can now manage and prioritize a portfolio of initiatives across various programs using Shibumi's leading strategic portfolio management SaaS platform. These include digital, business, and cost transformations, continuous improvement, innovation management, M&A integration management, enterprise program management (EPMO), and investment governance.