Gtmhub bags €8.1M funding to drive OKRs for enterprise success

Gtmhub is one of the world’s most powerful objectives and key results (OKRs) and a business success platform. Founded in 2015 by Ivan Osmak and Radoslav Georgiev, OKRs are quickly becoming the engine of the global economy, and we cannot live up to the mission.

Secures €8.1 million funding

It has revealed it has secured a $9 million (€8.1 million) Series A funding in a round led by CRV and backed by Berkay Mollamustafaoglu, Head of OpsGenie at Atlassian, Augusto Marietti, CEO of Kong, and previous investor Launchub Ventures. The company will use this investment with support from Gtmhub’s software, which helps enterprises bridge the gap between strategy and operational execution, and enables companies to achieve better goals using integrated enterprise success systems.

What Gtmhub intend to do?

With this financing, Denver-based Gtmhub plans to expand global operations and release substantial updates to product integration features and functionality. It will,

• Expand current operations in its global offices such as London, Berlin, Sofia, and Denver. This will include strategic hires to expand the Product team and scale the global go-to-market and growth activities.
• 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, MS Teams and other key intelligence tools.
• Launch an internal marketplace where 3rd parties can list templated Objectives, Key Results or Insights for immediate ‘plug-and-play’ use by Gtmhub customers.
• Expand the fully-integrated success solution for enterprise customers.

Comes up with goal-setting management

Gtmhub pioneered 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. Nearly 300 enterprises, not-for-profits, and governments rely on Gtmhub to align and focus their organisations for accelerated growth. With four global offices in London, Berlin, Sofia, and Denver, the funding allows Gtmhub to grow its position as a leader in the global market for business transformation technologies.

Main image picture credits: Gtmhub

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