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Deidre Paknad

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How WorkBoard Reached 50 Enterprise Customers at $125K ACV with 140% Net Revenue Retention (Interview with CEO and Co-Founder Deidre Paknad)

Deidre Paknad (CEO and Co-Founder of WorkBoard) spoke to Nathan Latka on September 18, 2018.

WorkBoard figures from the interview

Enterprise Customers (2018)
50
Avg Contract Value (2018)
$125K
Net Revenue Retention (2018)
140%
Total Funding Raised
$12M
“WorkBoard is a software company that helps other organizations align, measure and achieve their strategic priorities more quickly, more effectively.”
“We have about 50 enterprise customers, which I think of it at that kind of scale we just talked about. And we're growing revenue three three and a half x a year, we're really on a kind of a good roll.”
“It probably comes out somewhere like one forty.”

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Bio

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/

Company

WorkBoard

Redwood City, United States · Founded 2013

Revenue
$88.9M
Funding
$140.1M
Team size
109
Customers
50

Company profile →CEO interview →

Also at WorkBoard