About Asana
Asana is a company based in San Francisco (United States) founded in 2008.. Asana has raised $214.51 million across 5 funding rounds from investors including Al Gore, Generation Investment Management and 8VC. The company has 1,820 employees as of January 31, 2024. Asana operates in a competitive market with competitors including Notion, Smartsheet, Atlassian, monday.com and UserZoom, among others.
- Headquarter San Francisco, United States
- Employees 1820 as on 31 Jan, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Asana, Inc.
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Annual Revenue
$723.88 M10.94as on Jan 31, 2024
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Net Profit
$-255.54 M0.58as on Jan 31, 2024
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EBITDA
$-238.72 M3.11as on Jan 31, 2024
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Total Equity Funding
$214.51 M (USD)
in 5 rounds
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Latest Funding Round
$51 M (USD), Series E
Nov 29, 2018
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Investors
Al Gore
& 22 more
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Employee Count
1820
as on Jan 31, 2024
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IPO & Listings of Asana
Asana is a publicly listed company on the NYSE with ticker symbol ASAN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Product Management Team
31 people
Sales and Marketing
23 people
Operations Team
21 people
Software Development Team
21 people
Legal and Compliance
13 people
Head Team
13 people
Leadership Team
11 people
Human Resources and Administration
7 people
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Funding Insights of Asana
Asana has successfully raised a total of $214.51M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $51 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series E — $51.0M
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First Round
First Round
(24 Nov 2009)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series E - Asana | Valuation | Generation Investment Management | |
| Feb, 2018 | Amount | Series D - Asana | Valuation | Generation Investment Management | |
| Mar, 2016 | Amount | Series C - Asana | Valuation | Sam Altman |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Asana
Asana has secured backing from 23 investors, including venture fund and angel investors. Prominent investors backing the company include Al Gore, Generation Investment Management and 8VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Family wealth and investments are managed for Al Gore.
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Founded Year | Domain | Location | |
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Private equity firm focused on sustainable investments
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Asana
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Asana
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asana Comparisons
Competitors of Asana
Asana operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Notion, Smartsheet, Atlassian, monday.com and UserZoom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
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| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
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| domain | founded_year | HQ Location |
Cloud-based enterprise collaboration suites are delivered for team productivity.
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud-based platform for user experience research and testing is utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asana
Frequently Asked Questions about Asana
When was Asana founded?
Asana was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Asana located?
Asana is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Asana a funded company?
Asana is a funded company, having raised a total of $214.51M across 5 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Nov 24, 2009.
How many employees does Asana have?
As of Jan 31, 2024, the latest employee count at Asana is 1,820.
What is the annual revenue of Asana?
Annual revenue of Asana is $723.88M as on Jan 31, 2024.
What does Asana do?
Asana was founded in 2008 and is headquartered in San Francisco, United States. A cloud-based platform is provided in the software-as-a-service sector, enabling project tracking, workflow organization, task assignment, deadline setting, and team communication. Features include kanban boards, calendar integration, and support for sales and product management. Operations are supported through integrations with tools such as Slack, Google Workspace, Zoom, and Salesforce, facilitating streamlined collaboration across remote and in-office teams.
Who are the top competitors of Asana?
Asana's top competitors include Atlassian, monday.com and Coda.
Is Asana publicly traded?
Yes, Asana is publicly traded on NYSE under the ticker symbol ASAN.
Who are Asana's investors?
Asana has 23 investors. Key investors include Al Gore, Generation Investment Management, 8VC, Benchmark, and Founders Fund.
What is Asana's ticker symbol?
The ticker symbol of Asana is ASAN on NYSE.
What is Asana's valuation?
The valuation of Asana is $600M as of Mar 2016.
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