Koan, launched by a co-founder of Jive Software, has raised $3 million in seed funding
Koan, a three-year-old online platform that aims to help teams achieve their objectives and stay engaged, has raised $3 million in seed funding led by Uncork Capital and Crosslink.
Koan, co-founded and led by CEO Matt Tucker — who previously co-founded Jive Software, an outfit that made social software for businesses and went public in 2011, then sold in 2017 — is trying to set itself apart from the many other performance management tools in the world by catering less to HR departments and targeting instead the chief operating officer or chief of staff.
Though these individuals today rely heavily on emails and spreadsheets — static products that can slow down execution — Koan tries to make them more efficient by providing them with a dashboard that makes it easier to track goals, provide feedback and execute other people-management tasks.
The company is also targeting leaders of small to mid-size companies. The broader idea is to help them with goal management, and to make it easier for them to make progress against their own metrics and goals.
Koan, which integrates with a wide number of third parties, from Salesforce to Slack, employs just 10 people at this point and
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