Founded in 2013, Betterworks is a continuous performance management platform that makes it easy for workers to set objectives apart from giving ongoing feedback. The company is situated in Redwood City, California. It has additional offices in New York City. The user interface connects various aspects of the employee performance process.
BetterWorks System is also a system that develops and offers an enterprise collaboration platform particularly for managing collaborative goals as well as performance conversations. The software gives BetterWorks a platform in which employees, managers, as well as companies conversations are facilitated for better performance. The platform has Glance, which is a software solution that facilitates the alignment of tasks at work. Goal Science is a goal setting software for businesses. The organization’s platform offers check-ins, peer feedback, and performance review services.
Betterworks recently announced that it has secured $27 million through a Series B investment. Emergence Capital and Kleiner Perkins led the round. Other participants were seed investors. The funding will be utilized in maintaining product innovation as well as capitalizing on accelerated sales in enterprise organizations. Regarding the new contract, CEO Doug Dennerline stated that customers rely on the continuous performance system to fuel essential business outcomes.
The management has maintained its innovativeness over the years. The platform has registered a 100 percent increase in its sales activities and performance management. It has also increased its ability to create viable goals and improve performance conversations. Consumers have witnessed the corresponding improvement in the company’s ability to retain talent.