Koan, a Portland, OR — based leadership platform, raised $5M in seed funding.
The round was led by Uncork Capital and Crosslink Capital.
The company intends to use the funds to scale its team and further extend the platform.
Led by CEO Matt Tucker, Koan provides a suite of tools to support leadership at every scale which, instead of linking goals to the performance management of individuals through HR processes, focuses on a collaborative approach to business execution for teams and departments.
The company has a customer base of more than 130 companies across the world including Carta, Iterable, and Vacasa.