Since launching in late 2013, the company has built a client roster consisting of companies such as AOL, Shutterstock, and GoPro. Today, BetterWorks is announcing the successful close of a $20 million series B round led by Emergence Capital. The round is also backed by Kleiner Perkins, 8VC, and their investors from previous rounds. BetterWorks plans to use the capital injection to expand on their product offerings. Their current platform is focused on developing company and employee goals, and tracking ongoing performance. Through the use of dashboards, collaborative features, and increased transparency, BetterWorks adds internal visibility to progress and productivity. According to their official announcement, AOL deployed the use of BetterWorks to each of their 6,000 employees. Beyond AOL, BetterWorks has said more than 200,000 goals have been completed on their platform, which has also added new features in the past month. Their platform now supports planning, strategic execution, and people development, making it a viable agile solution. To date, the company has raised an estimated $25 million across four rounds.
