Betterworks announced in March 2019 that they had completed a successful Series B funding round. They raised $51 million, bringing their total amount of funding to $65 million. The two major investors in this round were Kleiner Perkins and Emergence Capital. This capital was raised to continue innovation in its product and to drive sales momentum.
One result of this capital was the release of Team Edition. Betterworks’ Continuous Performance Management software package has been used by large corporations. With the release of Team Edition, smaller companies can now avail themselves of a slimmed-down version that accommodates teams of up to 100 employees.
In Team Edition, employees set goals by filling in Key Results and Objectives. They can track their progress toward these goals and share them with other employees and managers. This keeps employees on track and aligns them with the goals of the company. Team Edition facilitates conversations and ensures skill development.
Tech support for Team Edition includes self-service support, webinars, and product guides. The online knowledge database is on-demand and there is community support available. Inside Team Edition, there are coaching guides that step employees and managers through every process.
Download the Betterworks App –https://apps.apple.com/us/app/betterworks/id1232326234
Betterworks was founded on 10/14/2010 and is based in Redwood City, California. Its mission is to drive workforce and business growth. Their software motivates employees and managers to achieve their company’s top priorities. Passion and purpose drive the team at Betterworks as they see what can be accomplished by motivated people.