What is productboard?
Founded in 2015 and headquartered in California, productboard develops advanced management platforms designed to offer comprehensive product strategy, design, and marketing solutions for brands. The company's offerings are tailored to streamline the product development lifecycle, enabling businesses to better understand customer needs and prioritize features effectively. productboard's platform serves as a central hub for product teams, facilitating collaboration and data-driven decision-making to drive product success in a competitive market.
How much funding has productboard raised?
productboard has raised a total of $253.3M across 5 funding rounds:
Angel/Seed
$1.3M
Series A
$10M
Series B
$45M
Series C
$72M
Series D
$125M
Angel/Seed (2016): $1.3M with participation from Spread Capital, Index Ventures, and Credo Ventures
Series A (2019): $10M led by Credo Ventures, Kleiner Perkins, Rockaway Capital, Index Ventures, and Reflex Capital
Series B (2020): $45M supported by Steamboat Ventures and Bessemer Venture Partners
Series C (2021): $72M featuring Sequoia Capital, Bessemer Venture Partners, Kleiner Perkins, Index Ventures, and Tiger Global Management
Series D (2022): $125M backed by Sequoia Capital, Tiger Global Management, Dragoneer Investment Group, and Bessemer Venture Partners
Key Investors in productboard
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world. Generational Index-backed companies include Adyen, Datadog, Discord, Figma, Robinhood, and Roblox.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm. The firm has offices in San Francisco, Redwood City, New York City, Boston, Israel, and India. It was established in 1911 as Bessemer Securities. It's headquarters is at Menlo Park, California, US.
Kleiner Perkins
Kleiner Perkins is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
What's next for productboard?
With the recent infusion of major strategic investment, productboard is poised for accelerated growth and market expansion. This capital will likely be deployed to enhance its platform capabilities, scale its sales and marketing operations, and potentially explore new market segments. The company's focus on providing robust product management tools positions it to capitalize on the increasing demand for data-informed product development strategies. Future developments may include deeper integrations with other business systems and advanced AI-driven insights to further empower product teams.
See full productboard company page
