# Ally Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ally-technologies

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.ally.io
- Total disclosed funding: $71M
- Latest round: Series C (Feb 17, 2021)
- Investors on record: 7

## About

Ally Technologies, Inc. is a US-based company that delivers innovative employee experience solutions designed to enhance productivity and engagement through integrated applications.Founded in 2017 and headquartered in Bellevue, US, Ally Technologies, Inc. focuses on optimizing employee experiences. The company has successfully conducted 5 deals to date, with its most recent funding round being a Series C in October 2021, where it raised USD 45.25 mn led by Greenoaks Capital. Ally Technologies has raised a total of USD 45.25 mn in funding, achieving a current valuation of USD 312.72 mn.Ally Technologies specializes in providing a suite of employee experience solutions tailored for workplace productivity and engagement. Their offerings include integrated applications focusing on various aspects such as communication, community engagement, learning, analytics, and performance management. These solutions cater to a wide range of sectors including technology, finance, healthcare, and education, with a strong presence in North America, Europe, and Asia-Pacific markets.Ally Technologies utilizes a subscription-based revenue model for its product suite, allowing organizations to select specific applications according to their needs. This model is designed to serve both small businesses and large enterprises, facilitating tailored engagement through direct contracts with Ally Technologies or authorized partners. Their flagship services significantly contribute to the firm's overall revenue stream through ongoing subscription fees.Ally Technologies is actively working on expanding its product offerings and market reach. Plans are in place to introduce new applications aimed at enhancing various aspects of employee engagement by late 2023. Additionally, the company is targeting an expansion into new geographic markets, particularly in Europe and Asia, within the next two years. The recent Series C funding round will support these initiatives by providing the necessary capital for product development and market entry efforts.

## Funding rounds

- Series C, Feb 17, 2021, $45M — Accel, Madrona Venture Group, Tiger Global Management, Vulcan, Greenoaks Capital, Founders' Co-op, Addition
- Series B, Oct 24, 2019, $15M — Accel, Tiger Global Management, Vulcan, Founders' Co-op
- Series A, Aug 1, 2019, $8M — Accel, Vulcan, Founders' Co-op
- Seed, Jan 1, 2019, $3M — Vulcan, Founders' Co-op

## Investors

- Vulcan (https://capitalatlas.ai/funds/vulcan) — Seed, Series A, Series B, Series C
- Founders' Co-op (https://capitalatlas.ai/funds/founders-co-op) — Seed, Series A, Series B, Series C
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series C
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series C
- Addition (https://capitalatlas.ai/funds/addition) — Series C