SoftBank Vision Fund led a $75m round valuing OKR platform developer WorkBoard at $800m while therapist network provider Headway hit a $750m valuation.

Funding

Telecommunications and internet group SoftBank’s Vision Fund 2 led a $75m series D round yesterday for WorkBoard, a US-based provider of objectives and key results (OKR) management software. The round included Workday Ventures, Capital One Ventures and M12 – on behalf of enterprise software producer Workday, financial services firm Capital One and software producer M12 – as well as Andreessen Horowitz, GGV Capital and SVB Capital. It valued WorkBoard at $800m post-money according to TechCrunch, and it took the company’s total funding to $140m, following a $30m series C round in January 2020.

GV, a subsidiary of internet and technology conglomerate Alphabet, took part in a $70m series B round for US-based therapist network operator Headway yesterday. Venture capital firm Andreessen Horowitz led the round, which included Thrive Capital and Accel and which valued the company at $750m according to TechCrunch. Headway had raised a total of $32m…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.