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Betterworks

Betterworks

Private
Menlo Park, CaliforniaEnterprise Softwarehttps://www.betterworks.com/

Last Round

Series C

May 18, 2021

Total Funding Raised

$123.5M

Company Overview

Betterworks is a human resources technology company that provides a continuous performance management platform to align and engage the workforce, facilitating goal setting, feedback, coaching, and employee development for business growth.

Sector

Enterprise Software

Verticals

HR, NLP & Conversational AI, Workflow Automation, Business Intelligence

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

performance managementtalent intelligenceHR techgoal alignmentmanager enablementpeople analyticsAI performance managementcontinuous feedbackemployee engagement softwaregenerative AI for HRperformance review softwareAI copilot for managersskills intelligencebusiness executionSaaS HR platform

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Caplight Momentum Score

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Betterworks Comparables

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Betterworks comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
15Five
89%
Lattice
88%
PerformYard
86%

Betterworks Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CMay 18, 2021
Series B ExtensionMar 7, 2019
Series BMar 23, 2016
Series ASep 23, 2014

Key People

Founding team and executive leadership

Doug Dennerline

Chief Executive Officer

Executive Team

Andrea Lagan

Chief Operating Officer

Executive Team

Betterworks Investors

Notable investors and investment history

Betterworks investors
InvestorRounds
Formation 8Series A
ff Venture CapitalSeries B
Pear VCSeries A, Series B
8VCSeries B
Kleiner PerkinsSeries C, Series B, Series A, Series B Extension
AME Cloud VenturesSeries A, Series B
Emergence CapitalSeries C, Series B, Series B Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 1, 2025

    Amy Cappellanti-Wolf joins the Board of Directors.

  • May 22, 2025

    Added Worldpay Group Plc as a customer.

Betterworks Filings

SEC and related filings with document metadata.

Data table
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Betterworks Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Betterworks's valuation, stock price, and market status.

Firmographic Details

HeadquartersMenlo Park, California
Employee Range221
Year Founded2013
Last FundingMay 18, 2021

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