WalkMe raises a further $90m in round led by Vitruvian Partners
10th December 2019
Level39 member and international enterprise insights firm, WalkMe, have announced a latest funding round of $90M led by Vitruvian Partners, with participation from existing investor Insight Partners.
Rafael Sweary, WalkMe Co-founder and President shared his views on the investment:
“This latest round of funding speaks to our success and to the untapped potential of digital adoption. WalkMe transforms how organizations gain visibility into their end-to-end business processes, driving workforce productivity, increasing customer satisfaction, and achieving higher operational efficiencies.”
In the last year, WalkMe has seen its valuation nearly double, new users increase by 50% and employee growth increase by 26% totalling more than 800 staff.
Throughout the digital transformation journey, organizations lacking a digital adoption strategy face a costly and often losing battle. WalkMe’s DAP makes it effortless to use any software, website or app – analyzing and automating processes so users can complete tasks faster and easier, while executives can glean valuable insights from the plethora of data.
“In a few short years, WalkMe has emerged as the category-defining market leader in the fast-growing Digital Adoption Solutions space,” said Mike Risman, Managing Partner of Vitruvian Partners. “We are excited to partner with WalkMe as an investor during this pivotal time of accelerated growth and global expansion as the company capitalizes on its market leadership. WalkMe helps the world’s most forward-looking enterprises deliver on their digital transformation strategy. The company’s platform delights employees with more efficient software interactions, empowers business process owners to steer and re-engineer workflows and provides analytics to help CIOs manage the complexity of the digital transformation proactively.”