About Betterworks
Betterworks is a company based in San Francisco (United States) founded in 2015 was acquired by BetterWorks in February 2020. It operates as a SaaS (Software-as-a-Service). 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. Betterworks operates in a competitive market with competitors including Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Betterworks Systems Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.84 M (USD)
in 2 rounds
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Latest Funding Round
$2.84 M (USD), Seed
Aug 23, 2018
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Investors
BetterWorks
& 1 more
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Employee Count
Employee Count
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Acquired by
BetterWorks
(Feb 20, 2020)
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Products & Services of Betterworks
Betterworks offers a comprehensive portfolio of products and services, including Betterworks Engage, Performance Management Platform, and OKRs & Goals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Employee feedback is gathered through surveys and analytics.
Performance is enhanced via coaching and goal alignment.
Workforce alignment is achieved through strategic priority focus.
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $2.8M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Seed - Betterworks | Valuation |
investors |
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| Feb, 2017 | Amount | Seed - Betterworks | Valuation | 500 Global |
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| 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 Betterworks
Betterworks has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include BetterWorks and 500 Global. 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Online goal setting, tracking and management
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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 Betterworks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Betterworks
| 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 |
Betterworks Comparisons
Competitors of Betterworks
Betterworks 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 Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage, 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 |
Employee experience management platform
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| domain | founded_year | HQ Location |
Employee engagement is supported through interactive assessments and polls.
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| domain | founded_year | HQ Location |
Employee benefits and engagement are delivered via a cloud-based platform.
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| domain | founded_year | HQ Location |
Employee engagement software is provided for performance management and recognition.
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| domain | founded_year | HQ Location |
Employee Engagement Platform
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| domain | founded_year | HQ Location |
Digital engagement and no-code application development platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Betterworks
Frequently Asked Questions about Betterworks
When was Betterworks founded?
Betterworks was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Betterworks located?
Betterworks is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Betterworks a funded company?
Betterworks is a funded company, having raised a total of $2.84M across 2 funding rounds to date.
What does Betterworks do?
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.
Who are the top competitors of Betterworks?
Betterworks's top competitors include Culture Amp, Vantage Circle and Reward Gateway.
What products or services does Betterworks offer?
Betterworks offers Betterworks Engage, Performance Management Platform, and OKRs & Goals.
Who are Betterworks's investors?
Betterworks has 2 investors. Key investors include BetterWorks, and 500 Global.
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