Wrike
Latest round
- Series B
Last raised
- Apr 2015
Total raised
- $16M
Investors
- 4
About Wrike
Wrike, Inc.Wrike, Inc. was founded in 2006 in San Diego, US, as a project management platform aimed at improving organizational efficiency. The company underwent a significant shift in ownership when Vista Equity Partners acquired a majority stake from Bain Capital, DCM, and Scale Venture Partners in November 2018. The financial terms of this Trade Sale deal were not disclosed, though Scale Venture Partners, Bain Capital Ventures, and TMT Investments retained a stake in the company.Wrike is a comprehensive project management software platform designed to enhance productivity and collaboration across various industries. Its core offerings include sophisticated tools for campaign management, product lifecycle tracking, client service delivery, and project portfolio management, enabling users to plan, execute, and analyze projects seamlessly. The software features advanced functionalities such as Gantt charts, proofing, resource management, and dynamic request forms, which facilitate efficient workflow management and foster cross-functional collaboration. Wrike serves a diverse clientele, including marketing, IT, finance, healthcare, and education sectors, catering to teams of all sizes from small businesses to large enterprises.Wrike operates primarily on a subscription-based revenue model, allowing clients to access its suite of project management tools through various pricing plans tailored to their needs. The company offers multiple subscription tiers that cater to different organizational sizes and requirements, including individual plans for small teams and comprehensive solutions for larger enterprises. Revenue is generated through these subscriptions, which provide users with access to flagship products such as Wrike AI and automation features, enhancing the efficiency of their project management processes. Clients typically engage in annual or monthly contracts, and transactions are structured around B2B relationships, where organizations directly purchase licenses for their teams. The funds will support the development of innovative features and tools aimed at improving project management capabilities. Additionally, the company seeks to penetrate new geographic regions, specifically targeting markets in Europe and Asia-Pacific by 2025. This strategic expansion aligns with Wrike's goal of increasing its global footprint and servicing a wider array of clients.
Who invested in Wrike
4 investors across 2 rounds
See all investors in Wrike
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Wrike
Who invested in Wrike?
Wrike has 4 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 Wrike raised?
Wrike has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Wrike last raise money?
Wrike's most recent round on record is a Series B, in Apr 2015.
What does Wrike do?
Wrike is a software company.
Where is Wrike headquartered?
Wrike is headquartered in San Diego, US.
Which VCs invest in companies like Wrike?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Wrike's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like Wrike? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.