{"id":7225,"date":"2019-12-04T15:08:08","date_gmt":"2019-12-04T15:08:08","guid":{"rendered":"https:\/\/www.walkme.com\/blog\/?p=7225"},"modified":"2019-12-04T15:08:08","modified_gmt":"2019-12-04T15:08:08","slug":"funding-round","status":"publish","type":"post","link":"https:\/\/www.walkme.com\/blog\/funding-round\/","title":{"rendered":"WalkMe Raises $90 Million in Latest Funding Round"},"content":{"rendered":"\n<p>It\u2019s been an incredible year of growth and progress here at WalkMe.<\/p>\n\n\n\n<p>We are grateful and proud to announce that we closed our latest funding round with $90M led by <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.vitruvianpartners.com\/\" target=\"_blank\">Vitruvian Partners<\/a>, with participation from existing investor <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.insightpartners.com\/\" target=\"_blank\">Insight Partners<\/a>.<\/p>\n\n\n\n<p>The news was celebrated throughout all of our WalkMe offices worldwide, in San Francisco, New York, Raleigh, London, Paris, Berlin, Tel Aviv, Singapore, Sydney, and Tokyo.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/in\/rafis\/\"><em>Rafael Sweary<\/em><\/a>, <strong>WalkMe<\/strong> Co-founder and President shared what this investment means to us:&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>\u201cThis 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.\u201d<\/strong><br><\/p><\/blockquote>\n\n\n\n<figure class=\"wp-block-image size-large\"><img height=\"683\" width=\"1024\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2019\/12\/IMG_2414.jpg?w=1024&#038;h=683&#038;crop=1\" alt=\"\" class=\"wp-image-7231\" srcset=\"https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2019\/12\/IMG_2414.jpg 1600w, https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2019\/12\/IMG_2414.jpg?resize=300,200 300w, https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2019\/12\/IMG_2414.jpg?resize=1024,683 1024w, https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2019\/12\/IMG_2414.jpg?resize=1536,1024 1536w, https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2019\/12\/IMG_2414.jpg?resize=600,400 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\">WalkMe Co-founders, Dan Adika and Rafael Sweary<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Marking the year\u2019s milestones<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<p>In the last year, WalkMe has seen our:<\/p>\n<\/div>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Valuation nearly double<\/strong><\/li><li><strong>ARR cross over $100M<\/strong><\/li><li><strong>New users increase by 50% totaling 750M end-users worldwide<\/strong><\/li><li><strong>Employee growth increase by 26% totaling a workforce of over 800 people<\/strong><\/li><\/ul>\n<\/div>\n\n\n\n<p>Throughout the digital transformation journey, organizations lacking a digital adoption strategy face a costly and often losing battle. <a href=\"https:\/\/www.walkme.com\/digital-adoption-platform\/?camp=walkme-blog&amp;para1=latest-round-blog\" target=\"_blank\" rel=\"noreferrer noopener\">WalkMe\u2019s DAP<\/a> makes it effortless to use any software, website or app \u2013 analyzing and automating processes so users can complete tasks faster and easier, while executives can glean valuable insights from the plethora of data.<\/p>\n\n\n\n<p>\u201cIn a few short years, WalkMe has emerged as the category-defining market leader in the fast-growing Digital Adoption Solutions space,&#8221; said <a href=\"https:\/\/www.linkedin.com\/in\/michael-risman-90413b16\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\"><em>Mike Risman<\/em><\/a>, Managing Partner of <strong>Vitruvian Partners<\/strong>. &#8220;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\u2019s most forward-looking enterprises deliver on their digital transformation strategy. The company\u2019s platform delights employees with more efficient software interactions, empowers business process owners to steer and re-engineer workflows and provides analytics to <a href=\"https:\/\/www.walkme.com\/blog\/goals-for-cios-in-2020\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">help CIOs<\/a> manage the complexity of the digital transformation proactively.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Where we are and where we\u2019re going<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.walkme.com\/blog\/walkme-customers-changing-user-onboarding\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Executives of global organizations<\/a> rely on WalkMe\u2019s Digital Adoption Platform (DAP) to boost the ROI on costly enterprise software investments by ensuring that all users and executives get the <a href=\"https:\/\/www.walkme.com\/blog\/software-productivity-roi\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">maximum value out of their tools<\/a>. WalkMe\u2019s automation feature, for example, has given our customers an 81% higher success rate for completing certain business processes, allowing them to complete three times as many tasks in the same amount of time.<\/p>\n\n\n\n<p>WalkMe will use the investment to drive expansion into new markets, including Latin America, and will continue to invest in and rapidly scale its Digital Adoption Platform to meet growing customer demand.&nbsp;<\/p>\n\n\n\n<p><strong>Most of all, we will continue to realize our digital adoption vision, by bridging the digital gap between humans and technology.<\/strong><\/p>\n\n\n\n<p>We can\u2019t wait to see what 2020 has in store for WalkMe and digital transformation worldwide.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img height=\"536\" width=\"1024\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2021\/07\/Promote-Workplace-Digital-Fluency-1.png?w=1024&#038;h=536&#038;crop=1\" alt=\"\" class=\"wp-image-12117\" srcset=\"https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2021\/07\/Promote-Workplace-Digital-Fluency-1.png 1200w, https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2021\/07\/Promote-Workplace-Digital-Fluency-1.png?resize=300,157 300w, https:\/\/www.walkme.com\/blog\/wp-content\/uploads\/sites\/2\/2021\/07\/Promote-Workplace-Digital-Fluency-1.png?resize=1024,536 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"It\u2019s been an incredible year of growth and progress here at WalkMe. We are grateful and proud to announce that<span class=\"moretag\">&#8230;<\/span>","protected":false},"author":246,"featured_media":7227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"mobile_image_id":0,"tablet_image_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,89,9],"tags":[388,389,368,387,176],"class_list":["post-7225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-digital-transformation","category-walkme-company-news","tag-ceo","tag-cio","tag-digital-adoption-strategy","tag-team-lead","tag-wmb-news"],"acf":{"__coauthors":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WalkMe Raises $90 Million in Latest Funding Round<\/title>\n<meta name=\"description\" content=\"WalkMe&#039;s valuation has nearly doubled since last year. 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