Betterworks Raises $61M in Funding


Betterworks, a NYC-based provider of strategy execution software for enterprise companies, raised an additional $61m from current investors.

The company, which has raised a total of $126m to date, intends to use the funds to further product development in areas such as AI and analytics, additional key integrations, and invest in strategic partnerships as well as expand the go to market capabilities.

Led by CEO Doug Dennerline, Betterworks provides a performance management software platform that has facilitated the accomplishment of over 10 million goals, and more than 3 million performance conversations for customers worldwide including Air Canada, Colgate-Palmolive, Best Western, ExxonMobil, FedEx, Hulu, Kroger, Intuit, University of Phoenix, Freddie Mac, LendingTree, and Sony Pictures, among many others.