About Betterworks
Betterworks is a Technology company based in San Francisco (United States) founded in 2015, and was acquired by BetterWorks in February 2020. Employee feedback is gathered through mobile surveys and recognition tools. It operates on a SaaS (Software-as-a-Service) model. Betterworks has raised $2.84 million across 2 funding rounds from investors including BetterWorks and 500 Global. Betterworks offers products and services including Betterworks Engage, Performance Management Platform, and OKRs & Goals. Its focus areas include HR Technology and Employee Engagement Software. Its legal entity is Betterworks Systems Inc. Its competitors include Vantage Circle, Reward Gateway and Energage; 2 of its 3 listed competitors have raised funding.
Company details
Betterworks is dedicated to providing software solutions for employee engagement and performance management. The company operates in the HR technology sector, offering tools like Betterworks Engage for continuous feedback through surveys and analytics, alongside platforms for goal setting and performance coaching. Solutions are designed to align workforce priorities, improve transparency, and deliver actionable insights for business and employee performance. Services cater to enterprises seeking scalable and secure systems to achieve organizational goals.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website gethyphen.com
- Social LinkedIn Instagram YouTube
- Acquired by BetterWorks (Feb 2020)
- Legal Name Betterworks Systems Inc.
- Total Equity Funding$2.84M (USD)
in 2 rounds
- Latest Funding Round$2.84M (USD), Seed
Aug 2018
- InvestorsBetterWorks
& 1 more
- Acquired byBetterWorks
(Feb 2020)
Products & Services of Betterworks
Betterworks offers a comprehensive portfolio of products and services, including Betterworks Engage, Performance Management Platform, and OKRs & Goals.
Employee feedback is gathered through surveys and analytics.
Performance is enhanced via coaching and goal alignment.
Workforce alignment is achieved through strategic priority focus.
Apps and channels of Betterworks
its YouTube channel Betterworks has 2.18K subscribers and 30 videos.
Videos from Betterworks
The most watched videos on Betterworks's YouTube channel, Betterworks (2.18K subscribers). Click a video to play it here.
More on Betterworks.
Funding Insights of Betterworks
Betterworks has successfully raised a total of $2.84M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.84 million completed in August 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 $2.84M
- Total Rounds 2
- Last Round Seed — $2.84M
- Investors Count 1
All 2 funding rounds of Betterworks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2018 | $2.84M | Seed | – | – | – |
| Feb 2017 | Seed | – | 500 Global | – |
2 investors in total: 2 institutional.
Investors in Betterworks
Betterworks has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include BetterWorks and 500 Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
Online goal setting, tracking and management | 2010 | betterworks.com | Palo Alto, United States |
Investor details for Betterworks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Betterworks
38 people are tracked at Betterworks (10 in leadership, 5 in board & advisors, 23 in team).
| Name | Role | Group |
|---|---|---|
Doug Dennerline | CEO & Chairman | Leadership |
Rob Budzinski | Vice President Of Professional Services | Leadership |
John Schneider | Chief Marketing Officer | Leadership |
Andrea Lagan | Chief Operating Officer | Leadership |
Jamie Aitken | VP, HR Transformation | Leadership |
Stefanie White | Director Of Facilities And Special Projects | Leadership |
Nova Maria Devasia | Director - People, Culture & Facilities, India | Leadership |
C S Sriram | Vice President Of Engineering | Leadership |
Jason Bilyeu | Director Of Software Engineering | Leadership |
Maher Hanafi | Vice President Of Engineering | Leadership |
Bing Gordon | Board Member | Board & advisors |
Josh Bersin | Board Member | Board & advisors |
John Doerr | Director | Board & advisors |
Bruce Felt | Director | Board & advisors |
Jason Green | Director | Board & advisors |
Talia Salvi | Manager, West/apac CSM | Team |
Jason Sites | Principal Engineer | Team |
Logan Graba | Principal Software Engineer | Team |
Holly Jacobs | Senior Customer Success Manager | Team |
Naina Kumari | Lead Engineer | Team |
18 more people are available in the full profile.
Complete people profiles for Betterworks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Betterworks
4 dated milestones of Betterworks across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Betterworks is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $2.8M.
- Exit Acquired by BetterWorks.
Competitors of Betterworks
Betterworks has 3 listed competitors in our database, 2 of them funded. They include Vantage Circle, Reward Gateway and Energage.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vantagecircle.com | 2011 | Plano, United States | $349,751 | 262 | Employee benefits and engagement are delivered via a cloud-based platform. | |
| rewardgateway.com | 2006 | Rochester, United States | 324 | Employee engagement software is provided for performance management and recognition. | ||
| energage.com | 2006 | Exton, United States | $15M | 218 | Employee Engagement Platform |
Detailed competitors of Betterworks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Betterworks (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Betterworks
Complete news archive for Betterworks
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Frequently Asked Questions about Betterworks
Betterworks was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Betterworks is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Betterworks is a funded company, having raised a total of $2.84M across 2 funding rounds to date.
Betterworks is dedicated to providing software solutions for employee engagement and performance management. The company operates in the HR technology sector, offering tools like Betterworks Engage for continuous feedback through surveys and analytics, alongside platforms for goal setting and performance coaching. Solutions are designed to align workforce priorities, improve transparency, and deliver actionable insights for business and employee performance. Services cater to enterprises seeking scalable and secure systems to achieve organizational goals.
Betterworks's top competitors include Vantage Circle, Reward Gateway and Energage.
Betterworks offers Betterworks Engage, Performance Management Platform, and OKRs & Goals.
Betterworks has 2 investors. Key investors include BetterWorks, and 500 Global.
Betterworks operates through Betterworks Systems Inc..
Yes. Betterworks was acquired by BetterWorks in February 2020.