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| Company type | Private |
|---|---|
| Industry | Human resources software |
| Founded | 2013 |
| Founder | Kris Duggan |
Key people | Doug Dennerline (CEO & Executive Chairman) |
| Products | Continuous performance management software |
| Website | betterworks.com |
Betterworks is an American software company that provides cloud-based performance management tools for enterprises. The platform focuses on continuous goal-setting, real-time feedback, and performance analytics, replacing traditional annual performance reviews with an ongoing process designed to improve employee engagement and organizational alignment.[1]
History
editBetterworks was founded in 2013 by Kris Duggan in Menlo Park, California, to modernize performance management through continuous feedback and goal alignment.[1] In 2018, Doug Dennerline, former President of SuccessFactors and an executive at Cisco, was appointed Chief Executive Officer.[2] The company’s board of directors includes venture capitalist John Doerr, chairman of Kleiner Perkins.[3]
Products
editThe Betterworks platform provides:
- Continuous goal setting and alignment
- Real-time feedback and structured performance conversations
- Performance analytics powered by artificial intelligence
- Employee engagement tools, such as recognition and surveys
- Integrations with workplace systems including Slack, Microsoft Teams, email, and HRIS platforms[4]
The platform is designed for mid-sized and global enterprises to improve transparency, accountability, and decision-making using real-time performance data.[5]
Funding
editBetterworks has raised more than US$140 million in venture capital from investors including Kleiner Perkins and Sequoia Capital.[6]
Awards and recognition
editBetterworks has received multiple industry awards:
- Top HR Tech Products of the Year 2024 – Human Resource Executive and HR Technology Conference, for its Talent Profiles feature.[5]
- Best Comprehensive Solution – Talent Management (2024 & 2025) – Lighthouse Research & Advisory.[8]
- Overall Performance Management Company of the Year 2025 – RemoteTech Breakthrough Awards.[9]
- Newsweek AI Impact Award 2025 – Best Outcomes in HR: Honored for its measurable, human‑centric use of AI to drive employee performance and manager effectiveness.[10]
Analyst and media coverage
editBetterworks has been cited in Deloitte’s Human Capital Trends research on performance management.[11] The company has also been featured in Forbes for insights on hybrid work and talent management.[12]
See also
editExternal links
editReferences
edit- ^ a b "Ready, Social, Smartwatch: The Quantified-Work App". Wired. 2015-03-04. Retrieved 2025-07-25.
- ^ "BetterWorks Names Doug Dennerline as CEO". Business Insider. 2018-03-07. Retrieved 2025-07-25.
- ^ a b "Betterworks Raises $15.5M to Improve Goal-Setting for Enterprises". TechCrunch. 2014-06-17. Retrieved 2025-07-25.
- ^ "Betterworks: How This Company Drives Higher Employee Engagement and Greater Manager Effectiveness". Pulse 2.0. 2024-05-28. Retrieved 2025-07-25.
- ^ a b "2024 Top HR Tech Products of the Year: Betterworks Talent Profiles". Human Resource Executive. 2024-08-27. Retrieved 2025-07-25.
- ^ a b "Betterworks raises $51M to expand performance management platform". TechCrunch. 2019-09-26. Retrieved 2025-07-25.
- ^ "Betterworks raises $20 million to streamline performance management". VentureBeat. 2016-02-17. Retrieved 2025-07-25.
- ^ "Betterworks Earns Lighthouse Research & Advisory Award for Best Comprehensive Solution in Talent Management". Business Wire. 2024-05-01. Retrieved 2025-07-25.
- ^ "World's Top Remote Technology Innovators Honored in RemoteTech Breakthrough Awards". GlobeNewswire. 2025-06-18. Retrieved 2025-07-25.
- ^ "Betterworks Wins Newsweek's AI Impact Award for "Best Outcomes in HR"". Betterworks blog (Newsweek‑coordinated). 2025-06-18. Retrieved 2025-07-25.
- ^ "Employee performance management optimization: An effective strategy". Deloitte Insights. Retrieved 2025-07-25.
- ^ "5 Reasons Hybrid Hierarchies Benefit Top Talent". Forbes. 2025-02-05. Retrieved 2025-07-25.