Koan raises $1M for ‘OKR’ collaboration software program platform, acquires Portland design studio

Portland, Ore.-based startup Koan raised $1 million from BMNT and bought fellow Portland firm Horrible Design Co to assist gasoline development.

Former Jive Software program exec Matt Tucker co-founded Koan in 2016. The corporate helps groups observe their progress towards goals and key outcomes (OKRs). Prospects embody SurveyMonkey, New Relic, and others. Koan has grown amid the pandemic and doubled headcount this yr. It simply joined BMNT’s H4XLabs enterprise accelerator.

Koan is just like Ally, a Seattle startup that additionally helps corporations observe OKRs and received Startup of the 12 months honors on the GeekWire Awards earlier this yr. Different opponents embody 155, BetterWorks, Khorus and Workboard.

Tucker co-founded Jive Software program, which went public in 2011 and was acquired by private equity group Aurea in 2017. Tucker’s former Jive colleague Scott Campbell is Koan’s different co-founder; Campbell departed final month and is now senior vp of gross sales at Docker.

Koan raised a separate $3 million spherical in October 2019.

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *