09 December 2019:
Digital Adoption Platform WalkMe has raised $90 million in fresh funding. The funding round was led by Vitruvian Partners.
Insight Partners also participated in the funding round. With this funding round, the company has raised over $300 million.
The company will use the fresh funds to continue to scale operations and its expand its business reach. The company is planning to double down on its global growth, with a particular focus on Latin America.
Rafael Sweary Co-Founder and President, WalkMe, said, “This latest round of funding speaks to our success and to the untapped potential of digital adoption. WalkMe transforms how organizations gain visibility into their end-to-end business processes, driving workforce productivity, increasing customer satisfaction, and achieving higher operational efficiencies.”
Mike Risman, Managing Partner of Vitruvian Partners, said, “In a few short years, WalkMe has emerged as the category-defining market leader in the fast-growing Digital Adoption Solutions space. We are excited to partner with WalkMe as an investor during this pivotal time of accelerated growth and global expansion as the company capitalizes on its market leadership.”
Mike Risman, added, “WalkMe helps the world’s most forward-looking enterprises deliver on their digital transformation strategy. The company’s platform delights employees with more efficient software interactions, empowers business process owners to steer and re-engineer workflows and provides analytics to help CIOs manage the complexity of the digital transformation proactively.”
WalkeMe was founded in 2011. It creates tools that enable software makers to build user-focused help functionality into their products.
(Image – WalkMe)