# Targetprocess

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

- Industry: Software
- Headquarters: Amherst, US
- Website: www.targetprocess.com
- Total disclosed funding: $5M
- Latest round: Series A (Apr 27, 2018)
- Investors on record: 2

## About

Targetprocess Inc., based in the US, specializes in agile project management software solutions, enabling organizations to visualize, manage, and optimize their workflows effectively across various sectors.Founded in 2004 and headquartered in Amherst, US, Targetprocess Inc. focuses on providing visual project management tools that enhance agile workflows. The company was acquired by Apptio, Inc. in February 2021, enhancing Apptio’s capabilities in IT financial management. Andrey Mihailenko serves as the CEO of Targetprocess, bringing a background in software development and management.Targetprocess Inc. offers robust software solutions that facilitate agile project management and enable organizations to connect strategy to execution. The core offerings include visualization tools that support methodologies such as Agile and waterfall. These solutions promote real-time enterprise visibility, scenario planning, and customizable dashboards, catering primarily to large enterprises in North America, Europe, and the Asia-Pacific region.Targetprocess generates revenue through subscription-based licensing for its software products. The pricing structure is designed to cater to organizations of various sizes, allowing clients to choose service tiers based on their needs. This model supports continuous product innovation and customer engagement through regular updates and enhancements.Targetprocess aims to leverage its recent acquisition by Apptio to expand its product offerings and enhance its market presence. The acquisition, finalized in February 2021, is expected to bolster Apptio’s platform, providing a holistic view of technology investments. Future initiatives may include the development of new features and tools tailored for diverse industries to facilitate seamless integration of financial management with agile practices.

## Funding rounds

- Series A, Apr 27, 2018, $5M — Zubr Capital, EBRD

## Investors

- Zubr Capital (https://capitalatlas.ai/funds/zubr-capital) — Series A
- EBRD (https://capitalatlas.ai/funds/ebrd) — Series A