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Company Overview
Betterworks is an enterprise performance management company founded in 2013 that pioneered the application of OKR (Objectives and Key Results) methodology to large enterprises, having raised over $120M. The platform enables organizations to cascade goals from the executive level through teams and individuals, track progress with regular check-ins, and align work to company strategy at scale. Betterworks differentiates from HR suites by focusing deeply on performance intelligence, using AI to analyze goal achievement patterns, identify at-risk employees, and surface insights that inform talent decisions. The platform integrates with HRIS systems including Workday and SAP SuccessFactors to embed performance data into existing HR workflows. Betterworks serves large enterprises with thousands of employees where aligning a dispersed workforce to strategic priorities is a significant operational challenge. The company competes with SAP SuccessFactors, Oracle HCM, and standalone OKR tools like Lattice in the performance management market while focusing on the enterprise segment. As organizations have adopted OKRs following the success of Google and Intel, Betterworks has positioned itself as the enterprise-grade platform for continuous performance management beyond simple goal tracking.
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