Denver-Based Business Success Platform Gtmhub Raises $9 Million

By Noah Long ● Dec 11, 2019
  • Gtmhub, a Denver-based business success platform company, announced that it raised $9 million in Series A funding led by CRV

Denver-based business success platform company Gtmhub announced that it raised $9 million in Series A funding led by CRV and backed by Atlassian Head of OpsGenie Berkay Mollamustafaoglu, Kong CEO Augusto Marietti, and previous investor Launchub Ventures. 

This round of funding will be used to support the growth and adoption of Gtmhub’s software that helps enterprises bridge the gap between strategy and operational execution, and enables companies to achieve better goals using integrated enterprise success systems.

“OKRs are quickly becoming the engine of the global economy, and our mission is to be the fuel for that engine,” said Ivan Osmak, co-founder and CEO at Gtmhub. “We are a solutions-oriented company competing against the failure of the BI market and providing the kinds of insights that technology promised at one point. With this funding we want to create an enterprise success system to help customers achieve maximum growth acceleration.”

With this round of funding, 

With this round of funding, Gtmhub plans to expand global operations and release substantial updates to product integration features and functionality. For example, Gtmhub will expand current operations in its global offices including London, Berlin, Sofia, and Denver. This includes strategic hires to expand the product team and scale the global go-to-market and growth activities. 

And the funding will also be used to build upon their existing 150 data integrations and tools to improve the functionality of the platform and include more in-depth integrations with popular communications platforms like Slack, Microsoft Teams, and other key intelligence tools. 

Plus the company is going to launch an internal marketplace where third-parties can list templated Objectives, Key Results or Insights for immediate ‘plug-and-play’ use by Gtmhub customers. And it will expand the fully-integrated success solution for enterprise customers.

Launched in 2015, 

Gtmhub is known for pioneering the technological tools and software necessary to enable today’s enterprises to benefit from the widely adopted OKR methodology and process for organizational goal-setting and management. Over 300 enterprises, not-for-profits, and governments rely on Gtmhub to focus their organizations for accelerated growth. 

“We surveyed all of the OKR platforms in the market and found that Gtmhub not only had the strongest, most diverse team but it’s the only product that addresses and meets the standards of small companies up through enterprises and governments,” added Reid Christian, General Partner at CRV. “Alignment, focus, transparency, and engagement are about to become the cornerstones of organizational success thanks to Gtmhub.”