Gtmhub’s New Funding to Drive Product Innovation and Enhanced Capabilities
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Gtmhub’s New Funding to Drive Product Innovation and Enhanced Capabilities

By CIOReview | Monday, January 10, 2022

With this latest round of funding, Gtmhub will focus on platform innovation, including prescriptive and predictive capabilities, cementing its position as an industry leader in terms of capabilities, vision, and value.

Fremont, CA: Internal silos are common in businesses, and employees are often unaware of how their job contributes to the organization's long-term success and scaling of operations. Gtmhub, the top provider of OKRs (Objectives and Key Results) software, recently secured a $120 million fundraising round, the industry's largest to date. The round will be utilized to scale operations, increase market penetration, and extend product offerings, including predictive and prescriptive capabilities, led by Index Ventures with participation from Visionaries Club and returning investors, Insight Partners, Singular, and CRV.

Gtmhub's current round of fundraising comes just over a year after it raised $30 million in a Series B round in January 2021. Gtmhub has raised more money than any other company in the $42 billion OKRs software market, with a total of $161 million. This quick increase indicates Gtmhub's dominance in the market and confirms the growing demand for corporate OKRs solutions to help companies execute their strategies successfully.

"Gtmhub is the mission control of some of the world's fastest-growing companies,” states Martin Mignot, Partner at Index Ventures. “We've seen the productivity and velocity of their customers teams skyrocket time after time, and we're convinced it will become a must-have for every company that wants to remain competitive. They are taking the OKRs space by storm with a sophisticated product that integrates with hundreds of SaaS tools and can automate tons of manual tasks, and we're excited to support them as they scale globally."