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Ally secured $8 million led by Accel Ventures

Ally, a goal setting and execution management software startup has now secured $8 Million, which is led by the Accel, with the collaboration from the Founders Co-op, Lee Fixel, and Vulcan Capital.

Ally’s product is based on the Key Results and Objectives framework. The company even address the challenges that businesses face in adopting some of the OKR’s by offering an intuitive interface with the embedded OKR best templates and practices.

“We’re nearly doubling revenue every quarter and will continue to innovate and enable every business to operate better and deliver stronger results,” said Vetri Vellore, Founder, and CEO.

The company as of now has a plan to use the funds to build its team in India and Seattle, as well as to accelerate sales. Ally previously secured $3 million in the seed funding round in the month of January 2019, which brings its total funding to $11 million.

“We see more and more businesses focusing on increasing productivity by driving alignment, transparency, and visibility across the organization and Ally helps achieve that,” said Abhinav Chaturvedi, Partner at Accel.



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