Having just raised a total of $137M in its Series D, a San Francisco-based productboard has plans to expand to New York and San Francisco. This is in addition to the $72M raised in its Series C, which was led by Tiger Global.
Productboard raises $72M Series C led by Tiger Global
Using the Productboard platform, companies can surface the most relevant user feedback in one easy to digest and share dashboard. The product can also be integrated with existing workflows on other platforms. In short, the product is a product improvement wand that allows teams to better manage their software deployments. The company has over 4,000 customers and employs about 200 people.
Productboard was founded by Hubert Palan and Daniel Hejl. The company boasts the aforementioned product as well as a suite of products including the AfterShip platform which allows online sellers to manage their wares across carriers. The company’s most recent funding round was a series C led by Tiger Global Management, a savvy move if ever there was one. AfterShip commenced operations in 2012, and has since built a robust suite of products. The company also nabbed a $25 million Series B from Valor Equity. In the meantime, the company is preparing for its next phase of growth.
Productboard raises $137M+ in Series D led by Tiger Global
Having a slew of investors to choose from is a plus for the Silicon Valley startup. Not only did Productboard raise a whopping $137M+ in Series D led by Tiger Global Ventures, but the company also raised a whopping $25M Series B from Valor Equity. Moreover, the company has been around for a year now and has already raised a number of VC rounds.
The company has also managed to build a suite of products to support its ad-based commerce model. For example, the company has developed an app that lets online sellers track packages across carriers. This is in addition to the company’s recently launched consumer loyalty app, Fetch Rewards.
The company also has a number of other noteworthy achievements including its recent acquisition of Productboard, a software company that helps product managers to prioritize their work and build products faster. As with most startups, Productboard’s biggest challenge is to scale. To that end, the company has already expanded its staff to about a dozen people.
Productboard to open new offices in New York
Founded by Hubert Palan and Daniel Hejl in 2014, Productboard is one of the most prominent digital startups in the industry. Having acquired more than 6,000 customers, the product management software helps companies build products that matter. With its cutting-edge features, Productboard improves the productivity and collaboration of product management teams.
Productboard’s customer-centric product management platform provides a centralized hub for product prioritization, customer feedback, and product management. The platform also enhances existing customer data, allowing product teams to better understand what customers need, and what features they would like to see next. It is the leading product management tool in the market, allowing companies to make the right product choices at the right time. It is also backed by some of the most renowned Silicon Valley VC firms. It integrates with popular tools such as Google Spreadsheets, Airtable, and Asana.
Productboard’s team is headquartered in San Francisco and Prague, with remote offices in Vancouver and Europe. It currently has more than five hundred employees, and plans to add 100 more by 2021.
Productboard to open office in San Francisco
Founded by Hubert Palan and Daniel Hejl, Productboard is a customer-centric product management platform that helps companies build great products and get them to market faster. The platform provides a cloud-based product development environment that helps teams prioritize and align around their roadmaps. It also helps companies understand the needs of their customers and turn their data into development roadmaps.
Productboard serves over 5,500 companies worldwide. It has offices in Prague, London, San Francisco, Dublin and Vancouver. The company has raised a total of $262 million to date. It has a current valuation of $1.725 billion.
Productboard is backed by Bessemer Venture Partners, Index Ventures and Tiger Global Management. The company was named one of America’s best startup employers by Forbes for 2022.
Conclusion
Productboard recently announced that it had closed a $125 million Series D funding round, led by Dragoneer Investment Group. This funding will help the company accelerate its growth and position it as a leader in the product management software space.
