12 December 2019:
Gtmhub has raised $9 million in Series A round of funding. The funding round was led by CRV and backed by Berkay Mollamustafaoglu, Head of OpsGenie at Atlassian, Augusto Marietti, CEO of Kong, and previous investor Launchub Ventures.
The company will use the fresh capital to expand global operations and release substantial updates to product integration features and functionality.
This investment round will support the growth and adoption of Gtmhub’s software, the company said in a statement.
Ivan Osmak, co-founder and CEO at Gtmhub, said, “OKRs are quickly becoming the engine of the global economy, and our mission is to be the fuel for that engine. We are a solutions-oriented company competing against the failure of the BI market and providing the kinds of insights that technology promised at one point. With this funding we want to create an enterprise success system to help customers achieve maximum growth acceleration.”
Reid Christian, General Partner at CRV, said, “We surveyed all of the OKR platforms in the market and found that Gtmhub not only had the strongest, most diverse team but it’s the only product that addresses and meets the standards of small companies up through enterprises and governments. Alignment, focus, transparency, and engagement are about to become the cornerstones of organizational success thanks to Gtmhub.”
(Image – Gtmhub)