# Goodwinds

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goodwinds

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.process.st
- Total disclosed funding: $13M
- Latest round: Series A (Feb 27, 2020)
- Investors on record: 7

## About

Goodwinds Inc. offers a compliance operations platform that enhances business process management through automation and optimized workflows, benefiting a diverse range of industries.Founded in 2014 in San Francisco, US, Goodwinds Inc. specializes in workflow management solutions. The company was co-founded by Cameron McKay and Vinay Patankar. In February 2020, it raised USD 12.000 mn in Series A funding led by Accel, with additional investment from Atlassian Pty. Ltd and Salesforce Ventures, raising the total amount to USD 12.000 mn.Process Street specializes in providing a compliance operations platform designed to enhance business process management through automation and workflow optimization. Their core product offerings include an intuitive workflow management system that enables organizations to automate and track various business processes, effectively reduce manual labor, and streamline operations. The platform features capabilities such as data sets to unify information across teams, customizable forms for gathering insights, and analytics tools that empower data-driven decision-making. The service is particularly beneficial for industries such as asset management, fintech, healthcare, and professional services, serving a diverse clientele that includes over a million workflow collaborators globally. These offerings are designed to address common challenges in operational efficiency, client onboarding, employee training, and compliance assurance, with a strong presence in markets across North America, Europe, and Asia.Process Street generates revenue primarily through subscription-based models tailored to businesses of varying sizes. Clients engage with the platform through different pricing tiers, which provide access to features such as workflow automation, project management, and performance analytics. The typical transaction structure involves B2B relationships where companies subscribe to the service for annual or monthly fees, allowing them to utilize the comprehensive features that Process Street offers. While specific pricing details for various plans are not disclosed, the offerings are designed to cater to both small enterprises and large organizations, thereby enhancing customer engagement and retention. The revenue model emphasizes the value derived from the efficiency gains and compliance management that clients experience by integrating Process Street’s solutions into their operations.Goodwinds Inc. plans to leverage the recent Series A funding of USD 12.000 mn to enhance its product offerings and expansion strategies. The company aims to introduce new features and improvements to its workflow management platform, targeting an expansion into the European and Asian markets by 2023. The funding will be utilized to support product development initiatives and strengthen market presence in these regions.

## Funding rounds

- Series A, Feb 27, 2020, $12M — Accel, Atlassian Pty. Ltd, Salesforce Ventures
- Seed, Jun 1, 2018 — Nelstone Ventures
- Seed, Aug 27, 2015, $1.3M — Blackbird, AirTree Ventures
- Seed, Jan 20, 2015, $0.1M — AngelPad

## Investors

- AngelPad (https://capitalatlas.ai/funds/angelpad) — Seed
- Blackbird (https://capitalatlas.ai/funds/blackbird) — Seed
- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Seed
- Nelstone Ventures (https://capitalatlas.ai/funds/nelstone-ventures) — Seed
- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Atlassian Pty. Ltd — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A