BetterWorks

BetterWorks
Private company
Industry Information Technology and Services
Founded 2013
Headquarters Redwood City, California
Key people
 Kris Duggan
Products Enterprise Goal Software
Website www.betterworks.com

BetterWorks is an enterprise software company based in Redwood City, California. BetterWorks customers include GoPro,[1] Schneider Electric,[2] AOL,[3] American Family Insurance,[4] Edmunds.com,[5] UpWind Solutions, Bluenose Analytics, Lookout, Lumeris, Paperless Post, Viacom, Grupo El Angel, the United States Department of Health and Human Services, and Zynga.[6]

BetterWorks provides enterprise software for companies to manage strategic plans, collaborative goals and ongoing performance conversations.[7] Its Business Operating System is built on Goal Science insights and operational research to help companies execute more effectively.

The BetterWorks enterprise goals platform debuted in September 2014 with a public announcement about the solution’s capabilities and a $15.5 million Series A round from venture firms.[8][9] In March 2016, the company announced that it had raised another $20 million in Series B funding.[10]

BetterWorks is part of the Salesforce Analytics Cloud Ecosystem, which provides instant access to enterprise goals data.[11] BetterWorks has also designed its enterprise app to be one of the first for Apple Watch.[12] VentureBeat named BetterWorks one of 19 startups "ready to blast off in 2015"[13] and Inc. wrote that BetterWorks was one of six “incredibly thought-provoking tech innovations” at the 2015 South by Southwest Conference.[14]

Background

BetterWorks is headquartered in Redwood City, California, with an office in New York City. It is privately held and backed by venture capital firms Kleiner Perkins Caufield & Byers and Formation 8.

The company was co-founded by Kris Duggan, former CEO and founder of Badgeville, along with BetterWorks engineering lead Di Wu. Prior to Badgeville, Duggan held leadership roles at a variety of SaaS companies, including WebEx. Previously, Wu was at Palantir Technologies.[15]

Investors and Advisors

The company’s board of directors and advisors includes John Doerr and Bing Gordon, partners at Kleiner Perkins Caufield & Byers, Joe Lonsdale, founder and general partner of Formation 8, Google Emeritus Shona Brown, former VP of Adobe and CEO of EchoSign, Jason Lemkin, Deep Nishar formerly SVP, Products and User Experience at LinkedIn, and Laszlo Bock, senior vice president of People Operations at Google.[16]

Technology

The BetterWorks platform is a SaaS-based solution. BetterWorks is designed with modern goal setting methodologies (like Google’s Objectives & Key Results method) in mind.[17]

References

  1. ↑ "BetterWorks' Goal is to Bring Goal Setting to Every Organization". TechCrunch.
  2. ↑ https://www.betterworks.com/customers/. Missing or empty |title= (help)
  3. ↑ https://www.betterworks.com/customers/. Missing or empty |title= (help)
  4. ↑ https://www.betterworks.com/customers/. Missing or empty |title= (help)
  5. ↑ "Human Resources Software Helps Link Personal, Team Goals". WSJ.
  6. ↑ "Traction Watch: BetterWorks Is ramping up to get your ducks in a row". CIO. 10 March 2015.
  7. ↑ https://www.betterworks.com/. Missing or empty |title= (help)
  8. ↑ "BetterWorks’ Goal-Setting Software Taps Famed Silicon Valley Techniques". WSJ.
  9. ↑ "BetterWorks Raises $15.5 Million To Bring Google-Style Management To Small Companies". Forbes. 23 September 2014.
  10. ↑ "BetterWorks raises another $20M to build a ‘business operating system’ for enterprises". TechCrunch.
  11. ↑ "BetterWorks Joins New Salesforce Analytics Cloud Ecosystem to Provide Instant Access to Enterprise Goals Data". Reuters.
  12. ↑ "What Your Favorite Apps Look Like On Apple Watch (Plus New Ones!)". TechCrunch. AOL.
  13. ↑ "19 startups ready to blast off in 2015 by Tom Cheredar & Dylan Tweney". venturebeat.com.
  14. ↑ "6 incredibly thought provoking tech innovations from SXSW 2015". inc.com.
  15. ↑ "Enterprise goal management tool BetterWorks raises Kleiner’s largest Series A since Google". PandoDaily.
  16. ↑ "Business Goals Platform BetterWorks Leaves Stealth With $15.5M Led By KPCB". TechCrunch. AOL.
  17. ↑ "Goal setting software for the Enterprise". BetterWorks.
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