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Shibumi has raised $4.0M across 2 funding rounds.
Shibumi has raised $4.0M in total across 2 funding rounds.
Shibumi has raised $4.0M in total across 2 funding rounds.
Shibumi's investors include Divergent Capital, Indicator Ventures.
Shibumi is a SaaS company providing strategic program and portfolio management (SPM) software that helps enterprises manage complex transformations, AI investments, and strategic initiatives with real-time visibility and value tracking.[1][2][4] Its platform serves business leaders, enterprise portfolio management offices (ePMOs), and IT executives by integrating with existing tools to deliver a single source of truth for initiative lifecycles—from ideation and planning to execution and benefits realization—solving the problem of fragmented tracking via spreadsheets or rigid tools that overlook business outcomes like revenue and market share.[1][3][4] With around 90-147 employees, $18.9 million in annual revenue, and $37.3 million in funding, Shibumi demonstrates steady growth, evidenced by recent expansions like its 2023 AI Value Accelerator for responsible AI governance.[3][5]
Shibumi was founded in 2011 (with some sources noting 2012) in Norwalk, Connecticut, by a team of technology executives including Bob Nahmias (CEO), Jason Bobby (CFO), Ken Pellegrino (Chief Strategy Officer), and Mark DiGirolamo (Chief Customer Officer), who identified a critical gap in tools for managing enterprise-scale strategic programs.[2][3][4][5] Frustrated by reliance on spreadsheets that buried priorities in complexity and traditional project tools focused narrowly on milestones without flexibility for goals like revenue or working capital, the founders built a platform to simplify execution and maximize results.[4] Early traction came from advisory firms and organizations adopting it for benefits realization, with integrations to automation platforms like UiPath boosting visibility; the company has since grown to offices in San Francisco, Detroit, London, and Sydney.[3][4]
Shibumi stands out in the SPM market through these key strengths:
Shibumi rides the wave of enterprise digital transformation and AI adoption, where organizations juggle massive initiatives amid economic pressures to prove ROI quickly.[1][3] Its timing aligns with the explosion of AI investments needing governance—beyond hype to measurable value—amid market forces like cost optimization and regulatory scrutiny on responsible AI.[3] By enabling real-time portfolio adjustments, Shibumi influences the ecosystem by empowering ePMOs to align IT with business goals, reducing failure rates in transformations (often 70% per industry stats), and fostering agility in sectors like consulting and Fortune 500s.[1][4] Competitors like DevStride or HYPE Innovation lag in value tracking depth, making Shibumi a key enabler for lean, outcome-focused execution in a post-pandemic world of hybrid work and cloud-native strategies.[2]
Shibumi is poised for acceleration as AI governance becomes mandatory and transformations scale, potentially doubling revenue through expanded AI modules and global offices.[3][5] Trends like agentic AI and multi-cloud integrations will shape its path, demanding deeper automation; success hinges on sustaining integrations and patent-driven innovation amid competition. Its influence could evolve from niche SPM leader to essential platform for C-suite orchestration, closing the longstanding gap between strategy and execution that sparked its founding—delivering true shibumi: effortless perfection in complex pursuits.[4]
Shibumi has raised $4.0M across 2 funding rounds. Most recently, it raised $3.0M Series A in June 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2016 | $3.0M Series A | Divergent Capital, Indicator Ventures | |
| Mar 1, 2014 | $1.0M Seed | Divergent Capital, Indicator Ventures |
