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Workboard revenue is $36 million

Workboard is worth $725 million valuation

Workboard team size is 130 employees


How did Latka collect this data?

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Latka collected this data by interviewing Workboard CEO Deidre Paknad on 06/01/2014

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Workboard

487-Seaport Court Redwood City, California, United States

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How Workboard hit $36M Revenue with 50 customers in 2022.

Workboard, Inc. provides SaaS solutions for Active Strategy Management software and is based in Redwood City, California.

Founded

2014

Founded

Revenue

$36M

2022 Revenue

YOY
-----

YOY

Funding

$141.6M

Funding


Workboard Revenue

In 2022, Workboard revenue run rate hit $36M in revenue.

  • 2020

    Workboard hit $36M in revenue in 2020

  • 2019

    Workboard hit $18M in revenue in 2019

  • 2018

    Workboard hit $6.2M in revenue in 2018

  • 2014

    Workboard launched in 2014 with $0 revenue

188.00% ▲100.00% ▲$6.2M$18M$36M

Workboard Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2021 Series D

    Workboard raised a Series D of $75M at a $725M valuation in May 2021

  • 2020 Series C

    Workboard raised a Series C of $30M

  • 2019 Series B

    Workboard raised a Series B of $23M

  • 2017 Series A

    Workboard raised a Series A of $9.3M

  • 2015 Convertible Note

    Workboard raised a Convertible Note of $1.5M

  • 2014 Seed Round

    Workboard raised a Seed Round of $2.8M

FUNDING DATEROUNDAMOUNTVALUATION
05/01/2021 Series D $75M $725M
12/01/2020 Series C $30M
12/01/2019 Series B $23M
06/01/2017 Series A $9.3M
06/01/2015 Convertible Note $1.5M
06/01/2014 Seed Round $2.8M

Team

Workboard has 130 total employees and 12 sales reps that carry a quota. They have 50 customers an engineering team of 20 and a marketing team of 8

20182019202040▲42▲
DISTRIBUTIONQTY
Total team size
130
Engineer
20(15%)
Sales
12(9%)
Marketing
8(6%)

CEO/Founder

Deidre Paknad

Leading the charge at WorkBoard to help companies and the people in them achieve their best results. https://www.workboard.com/ Check out my OKR podcast here: https://www.workboard.com/okr-podcast/ Stats: 3-time entrepreneur, software category creator that took at idea from 0 to 9 digit revenue, from white board to IBM acquisition. Twice inducted into the Smithsonian Institution for innovation, 17 patents granted/pending, and I believe customer relationships are forever. Committed to mentoring and helping others. My views on leadership are informed by my experience with Peter Drucker -- in the first company I founded, we had the honor of working with him to convert his life's work, correspondence and personal notes to a digital archive for Claremont. Today: Every company has strategic priorities and urgency to achieve them. Few have a systematic, data driven way to align, measure and achieve them ... but soon every company will. We help enterprises gain and sustain results velocity with our unique OKRs and Enterprise Results Management platform. As CEO and co-founder, I have the pleasure of working with large enterprise customers and fast-growth startups to operationalize strategies faster so they can realize their visions (and end the soul-sucking reporting and read outs that sap talent today). Hiring: Join us as we create a new SaaS solution category to help organizations and the people in them achieve their best results. https://www.workboard.com/careers/

Q&A

What`s your age?

40

Favorite online tool?

Workboard

Favorite book?

Hard thing about hard things

Favorite CEO?

Satya Nadella

Advice for 20 year old self

Relax


Customers

Workboard has 50 customers.

Lifetime Months

-

x

Monthly ARPU

$10.4K

=

Lifetime Dollar

-

Acquisition Cost

$18K

Average Annual Price

$125K

$0$125K2 month payback period024681012
$0$125K2 month payback period024681012

Churn

Workboard has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

40.00%

Net Revenue Retention

140.00%


About Workboard

Monthly Revenue

$3M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

100.00%

=

Rule of 40

100


Workboard Board of Directors

NamePosition

Workboard Executives

NamePosition
Deidre Paknad CEO

Workboard Employees

NamePosition
Deidre Paknad CEO

Frequently Asked Questions about Workboard

When was Workboard founded?

Workboard was founded in 2014.

How much revenue does Workboard generate?

Workboard generates $36M in revenue.

Who is the CEO of Workboard?

The CEO of Workboard is Deidre Paknad.

How much funding does Workboard have?

Workboard was raised $141.6M.

How many employees does Workboard have?

Workboard has raised 130 employees.

Where is Workboard headquarters?

Workboard headquater is at United States