# Roadmunk

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

- Industry: Software
- Headquarters: Kitchener, Canada
- Website: www.roadmunk.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Feb 22, 2018)
- Investors on record: 7

## About

Roadmunk, Inc. is a product roadmap software company that empowers high-performing teams to strategically plan and execute product strategies through effective communication and visualization tools.Founded in 2013, Roadmunk, Inc. specializes in product roadmap solutions to enhance strategic planning. The company is headquartered in Kitchener, Canada. Latif Nanji, the founder, has previously engaged in entrepreneurial ventures. Roadmunk raised a total of USD 1.5 mn across several funding rounds, with the latest round being a Seed round in November 2021, led by Golden Ventures and supported by investors such as Felicis Ventures and Garage Technology Ventures. On November 23, 2021, Roadmunk was acquired by TEMPO Software ehf, a subsidiary of Diversis Capital.Roadmunk offers a product roadmap software designed to streamline strategic planning and execution for teams. It allows users to capture customer feedback, prioritize product ideas, and create visually appealing roadmaps, integrating seamlessly with tools like Jira and Azure DevOps. Roadmunk addresses challenges in aligning strategies with daily operations, enabling product managers to respond effectively to customer needs through a dedicated Feedback Inbox. Its clientele includes product teams across North America, Europe, and Asia-Pacific regions.Roadmunk generates its revenue through a subscription-based model with multiple pricing tiers catering to both small teams and larger enterprises. Clients engage in direct-to-business agreements that grant access to a full suite of features, including roadmap templates and integration capabilities, thus facilitating enhanced product strategy and planning processes.Following the acquisition in November 2021, Roadmunk aims to combine its offerings with TEMPO Software to better support modern product-led organizations. Future growth initiatives will focus on expanding into new markets and enhancing product offerings without specified release dates. The recent funding will be utilized to blend product capabilities and enhance service delivery to clients.

## Funding rounds

- Seed, Feb 22, 2018 — Radical Ventures
- Seed, Feb 22, 2017, $1.5M — Garage Technology Ventures, Felicis Ventures, Golden Ventures
- Seed, Jul 16, 2014 — Ontario Centre of Innovation
- Seed, Dec 5, 2013, $0.1M — BDC Capital, DMZ Ventures

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- DMZ Ventures (https://capitalatlas.ai/funds/dmz-ventures) — Seed
- Ontario Centre of Innovation (https://capitalatlas.ai/funds/ontario-centre-of-innovation) — Seed
- Garage Technology Ventures (https://capitalatlas.ai/funds/garage-technology-ventures) — Seed
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed
- Radical Ventures (https://capitalatlas.ai/funds/radical-ventures) — Seed