Dragonboat, a Santa Clara, Calif.-based Product Portfolio Management platform, raised $3M in seed funding.
The round was by Act One Ventures, Roble Ventures and GingerBread Capital with participation from strategic angels including Tom Bogan, former CEO of Adaptive Insights; Rob Hull, Co-founder of Adaptive Insights; Eddie Machaalani, Co-Founder of Bigcommerce; and Nuno Sebastiao, Co-Founder of Feedzai.
The company intends to use the funds to continue to grow the team across all functions and accelerate the adoption of its Product Portfolio Management platform for outcome focused teams.
Led by Becky Flint, founder and CEO, Dragonboat helps product leaders and their teams strategize, prioritize, plan and deliver products that drive business results. With Dragonboat, product teams can connect OKRs with initiatives, plan data-driven roadmaps, and automate portfolio reporting.
Customers include Chime, F5 Networks, Rapyd, Miro and Nium. To support growth, the company added Bhaji Illuminati, a seasoned startup marketing executive, as Chief Marketing Officer; and promoted Rui Chicória, founding engineer, to Chief Technology Officer.