# Okay Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/okay-software

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.okayhq.com
- Total disclosed funding: $2.2M
- Latest round: Seed (Dec 2, 2020)
- Investors on record: 2

## About

Based in the US, Okay Software Inc is a software company focused on delivering innovative analytics and reporting solutions for software engineering teams, enhancing their data visualization and analysis capabilities.Okay Software Inc, founded in 2019 and headquartered in San Francisco, US, specializes in analytics solutions tailored for engineering teams. The company was co-founded by Antoine Boulanger and Tomas Barreto. In May 2023, the company was acquired by Stripe, Inc. from investors Kleiner Perkins, Sequoia Capital, and Y Combinator. The company has raised a total of USD 4.40 mn through its recent funding rounds, with the latest round led by Kleiner Perkins.Okay specializes in providing flexible analytics and reporting solutions specifically designed for software engineering teams. Their primary product is an all-in-one platform that integrates data ingestion, modeling, and exploration, allowing teams to effectively visualize and analyze their engineering data. Key features include pre-made dashboards that focus on DORA metrics—such as lead time, deploy frequency, Mean Time to Recovery (MTTR), and change failure rate—as well as customizable queries through a Query Builder. By connecting various data sources, including version control systems and HR platforms, Okay aims to address common bottlenecks that hinder engineering productivity and optimize developer experience. The platform primarily serves clients in North America and Europe, including technology firms and Silicon Valley unicorns, which benefit from enhanced engineering effectiveness to attract and retain top talent.The revenue model for Okay centers around subscription-based access to its analytics platform, catering to businesses seeking to enhance their engineering efficiency. Clients typically enter into annual or monthly subscriptions, allowing them to utilize the full suite of tools and features available on the platform. The subscription structure is designed to accommodate organizations of various sizes, from startups to large enterprises, providing tiered pricing based on the number of users or the extent of features utilized. This model enables Okay to maintain a steady stream of revenue while offering significant value to its clients through data-driven insights that improve software development processes and overall team productivity. The flagship offerings, including the pre-made dashboards and Query Builder, are integral to this revenue structure, delivering measurable improvements in performance and efficiency for engineering teams.Following its acquisition by Stripe, Inc. in May 2023, Okay Software Inc will leverage its capabilities to enhance engineering offerings. The acquisition is expected to facilitate the development of new products aimed at improving engineering effectiveness. The funding from this deal will support the expansion of Okay's platform features and user acquisition strategies. Specific plans for geographic expansion are not detailed; however, there is a clear intent to enhance product offerings in existing markets.

## Funding rounds

- Seed, Dec 2, 2020, $2.2M — Hong Shan, Y Combinator

## Investors

- Hong Shan — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed