Productboard was founded in 2014 by Daniel Hejl and Hubert Palan. The company has not publicly endorsed plans to participate in an IPO.
Productboard is a product management platform that allows businesses and teams to collaborate and plan while tracking a product across its entire lifecycle. The company's solutions have been adopted by thousands of companies, including Zoom, Zendesk, JPMorgan Chase & Co, and Avast. Productboard has raised more than $260 million in venture capital funding from investors including Dragoneer, Tiger Global, Bessemer Venture Partners, Sequoia Capital, Kleiner Perkins, Index Ventures, and Credo Ventures. The company announced a valuation of $1.7 billion after a $125 million funding round in 2022.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/02/2022 | Series D | $125MM | $xx.xx | $1.72B | Dragoneer Investment Group, Tiger Global, Bessemer Venture Partners, Sequoia Capital, Kleiner Perkins, Index Ventures, Credo Ventures | |
Price per Share
$xx.xx
Shares Outstanding
17,663,250
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Dragoneer Investment Group, Tiger Global, Bessemer Venture Partners, Sequoia Capital, Kleiner Perkins, Index Ventures, Credo Ventures
|
||||||
04/22/2021 | Series C | $71MM | $xx.xx | $776.93MM | Index Ventures, Kleiner Perkins, Sequoia Capital, Bessemer Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
20,272,860
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Index Ventures, Kleiner Perkins, Sequoia Capital, Bessemer Venture Partners
|
||||||
01/15/2020 | Series B | $43.96MM | $xx.xx | $306.4MM | Sequoia Capital, Bessemer Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
28,728,640
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Bessemer Venture Partners
|
||||||
02/04/2019 | Series A-1 | $10MM | $xx.xx | $90.01MM | Index Ventures, Kleiner Perkins, Credo Ventures, Rockaway Capital, Reflex Capital | |
Price per Share
$xx.xx
Shares Outstanding
18,090,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Index Ventures, Kleiner Perkins, Credo Ventures, Rockaway Capital, Reflex Capital
|
||||||
07/12/2018 | Series A | $8MM | $xx.xx | $31.31MM | Kleiner Perkins, Index Ventures, Credo Ventures, Reflex Capital, Rockaway Capital, Eoghan McCabe, Des Traynor, Clark Valberg, Larry Gadea | |
Price per Share
$xx.xx
Shares Outstanding
40,448,940
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kleiner Perkins, Index Ventures, Credo Ventures, Reflex Capital, Rockaway Capital, Eoghan McCabe, Des Traynor, Clark Valberg, Larry Gadea
|
||||||
10/19/2016 | Series Seed | $1.68MM | $xx.xx | $4.79MM | Index Ventures, Credo Ventures, Spread Capital | |
Price per Share
$xx.xx
Shares Outstanding
22,873,010
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Index Ventures, Credo Ventures, Spread Capital
|