Ally.io, a Seattle, WA-based technology company specializing in goal-setting and business execution software, raised $50M in Series C funding.
The round was led by Greenoaks Capital, with participation from Tiger Global, and Madrona Venture Group, as well as previous investors Accel, Addition Ventures, Founders’ Co-Op, and Vulcan Capital.
The company, which has raised a total of $76M to date, intends to use the funds to continue to expand operations and its business reach globally, bolster its strategic service offering, grow its partner ecosystem with consultants around the world, as well as to launch a business execution platform that closes the gaps between goals, day-to-day work, team engagement and productivity, meetings and reviews, and strategy development.
Led by Vetri Vellore, CEO and founder, Ally.io provides a goal management and business execution platform that aligns the work an entire company is doing to the outcomes that are critical to its success. It connects each individual employee’s projects and key results to the company’s most important objectives. This allows teams to identify risks quickly and opportunities proactively, maintaining an orchestrated focus on their biggest priorities. The company’s professional services offer continuous support, dedicated training, and coaching to ensure best-practices for implementation and successful change management. Ally.io has been adopted by hundreds of leading organizations like BambooHR, Remitly, Ticketmaster, TripAdvisor and more.
In 2020, Ally.io also expanded its global team to 130+ people.