WalkMe, a San Francisco, CA-based digital adoption platform, closed a $90M round of funding.
The round, which brought total funding raised to date to over $307m, was led by Vitruvian Partners with participation from Insight Partners.
The company intends to use the funds to continue to scale operations and its expand its business reach into new markets, including Latin America.
Led by Rafael Sweary, Co-founder and President, WalkMe provides a digital adoption platform that simplifies the user experience and drives action using insights, engagement, guidance and automation capabilities. Using artificial intelligence/machine learning, analytics and automation, the company’s context-intelligent platform anticipates users’ needs and provides help exactly when and where they need it. It is used by over 2,000 companies globally, including more than 30 percent of Fortune 500 companies.
In Q2 of 2019, WalkMe crossed $100 Million in ARR, and in Q3 of 2019 WalkMe’s new business bookings grew 100% compared to Q3 of 2018.