About WalkMe
WalkMe is a company based in San Francisco (United States) founded in 2011 by Yuval Shalom Ozanna, Rafi Sweary, and Dan Adika was acquired by SAP in June 2024.. WalkMe has raised $307.5 million across 9 funding rounds from investors including SAP, Greenspring Associates and Vitruvian Partners. WalkMe has completed 5 acquisitions, including Abbi, DeepUI and Deepui. WalkMe offers products and services including In-app Guidance, Workflow Automation, and Application Usage Analytics. WalkMe operates in a competitive market with competitors including Freshworks, Whatfix, Thryv, AppLearn and Bonitasoft, among others.
- Headquarter San Francisco, United States
- Founders Yuval Shalom Ozanna, Rafi Sweary, Dan Adika
- 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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Annual Revenue
$10.51 M (USD)49as on Dec 31, 2022
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Net Profit
$-1.3 M (USD)-178as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$307.5 M (USD)
in 9 rounds
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Latest Funding Round
$90 M (USD), Series G
Dec 09, 2019
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Investors
SAP
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
Abbi
& 4 more
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Acquired by
SAP
(Jun 05, 2024)
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Products & Services of WalkMe
WalkMe offers a comprehensive portfolio of products and services, including In-app Guidance, Workflow Automation, and Application Usage Analytics. 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.
Provides personalized step-by-step help within applications.
Automates tasks to enhance efficiency and reduce errors.
Monitors software usage for insights and optimization.
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Sales and Marketing
56 people
Leadership Team
49 people
Software Development Team
25 people
Human Resources and Administration
15 people
Finance and Accounting
7 people
Senior Team
6 people
Creative and Marketing Team
4 people
Business Team
3 people
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Funding Insights of WalkMe
WalkMe has successfully raised a total of $307.5M across 9 strategic funding rounds. The most recent funding activity was a Series G round of $90 million completed in December 2019. 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 9
- Last Round Series G — $90.0M
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First Round
First Round
(12 Apr 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series G - WalkMe | Valuation | Vitruvian Partners | |
| Nov, 2018 | Amount | Series F - WalkMe | Valuation | EDBI |
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| Sep, 2018 | Amount | Series F - WalkMe | Valuation | Insight Partners |
| 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 WalkMe
WalkMe has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include SAP, Greenspring Associates and Vitruvian Partners. 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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Growth equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward tech 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 WalkMe
WalkMe has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Abbi, DeepUI and Deepui. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Software design, development, and machine learning services are offered.
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2017 | ||||
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Content marketing solutions are delivered via a cloud-based platform.
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2016 | ||||
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AI based in-app engagement and analysis platform
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - WalkMe
| 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 |
Walkme Comparisons
Competitors of WalkMe
WalkMe 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 Freshworks, Whatfix, Thryv, AppLearn and Bonitasoft, 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 |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
SaaS platform enables digital adoption and customer self-service.
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| domain | founded_year | HQ Location |
SaaS-driven solutions for fitness business management are offered.
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| domain | founded_year | HQ Location |
Digital adoption platform is offered for employee software training.
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| domain | founded_year | HQ Location |
Open-source business process management software is provided for enterprises.
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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 Walkme
Frequently Asked Questions about WalkMe
When was WalkMe founded?
WalkMe was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is WalkMe located?
WalkMe is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of WalkMe?
Dan Adika is the current CEO of WalkMe. They have also founded this company.
Is WalkMe a funded company?
WalkMe is a funded company, having raised a total of $307.5M across 9 funding rounds to date. The company's 1st funding round was a Series F of $40M, raised on Apr 12, 2012.
What is the annual revenue of WalkMe?
Annual revenue of WalkMe is $10.51M as on Dec 31, 2022.
What does WalkMe do?
WalkMe was founded in 2011 and is headquartered in San Francisco, United States, within the software industry. A digital adoption platform is offered to support user navigation and optimization of applications through personalized guidance and automation. Key features include digital analytics, screenshot settings, custom variables, user identifiers, adaptive element recognition, and API integrations. Operations focus on enhancing software usability across various sectors.
Who are the top competitors of WalkMe?
WalkMe's top competitors include Freshworks, Whatfix and Thryv.
What products or services does WalkMe offer?
WalkMe offers In-app Guidance, Workflow Automation, and Application Usage Analytics.
How many acquisitions has WalkMe made?
Who are WalkMe's investors?
WalkMe has 10 investors. Key investors include SAP, Greenspring Associates, Vitruvian Partners, Insight Partners, and Mangrove Capital Partners.
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