Pingboard
Latest round
- Seed
Last raised
- May 2018
Total raised
- $6.3M
Investors
- 3
About Pingboard
Pingboard, Inc.Founded in 2013 in San Antonio, US, Pingboard, Inc. provides a digital solution that helps organizations manage their employee structure effectively. The company has undergone a recent acquisition by Workleap Platform Inc. in December 2023, which aims to broaden its product offerings in employee engagement software. The founders of the company, Bill Boebel and Robert Eanes, have been instrumental in its development, with Boebel currently serving as CEO.Pingboard's primary offering is a comprehensive organizational chart and employee directory solution designed to enhance workplace connectivity and collaboration. This platform provides a visually intuitive interface that allows users to explore the structure of their workforce, identify reporting lines, and gain insights into human capital management. The end-use cases it addresses include improving employee engagement, facilitating communication in hybrid and remote work environments, and supporting strategic resource planning for organizations experiencing growth. The solution caters to a diverse client base, including over 900,000 employees from various sectors, and is used by HR teams, managers, and executives to streamline operational efficiency.Pingboard generates revenue primarily through subscription-based models tailored to businesses of various sizes. Clients can opt for different pricing plans that encompass a range of features and access levels, allowing organizations to select packages that align with their specific needs. The transactions typically involve annual or monthly subscriptions, with clients paying fees based on the number of users or the features included in their chosen plan. This structured approach to pricing facilitates predictable revenue streams for the company while offering scalability for clients as they expand their teams.Following the acquisition by Workleap Platform Inc. on December 6, 2023, which involved a transaction valued between CAD 30-60 mn, Pingboard is well-positioned for growth. The new partnership is expected to enhance the product suite of Workleap by integrating Pingboard's employee engagement solutions. Future strategies include the development of new products aimed at improving employee engagement further and expanding into new markets, specifically targeting regions in Europe and Asia-Pacific by the end of 2024.
Who invested in Pingboard
3 investors across 2 rounds
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Questions about Pingboard
Who invested in Pingboard?
Pingboard has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pingboard raised?
Pingboard has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Pingboard last raise money?
Pingboard's most recent round on record is a Seed, in May 2018.
What does Pingboard do?
Pingboard is a software company.
Where is Pingboard headquartered?
Pingboard is headquartered in San Antonio, US.
Which VCs invest in companies like Pingboard?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Pingboard's stage. Their profiles are linked below.
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