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§ Private Profile · San Francisco, CA, USA
WalkMe is a company.
WalkMe has raised $484.0M across 12 funding rounds.
Key people at WalkMe.
WalkMe has raised $484.0M in total across 12 funding rounds.
WalkMe develops a Digital Adoption Platform (DAP) that overlays on enterprise applications to simplify user experience and drive digital proficiency. The platform leverages DeepUI technology to analyze user behavior, identify workflow inefficiencies, and provide contextual, personalized guidance and automation directly within applications. It offers capabilities such as application usage analytics, workflow insights, in-app guidance, and conversational interfaces, all designed to enhance user engagement and system adoption.
The company was co-founded in 2011 by Dan Adika, among others, stemming from the insight that navigating complex digital environments often leads to user frustration and underutilized software. The founders aimed to bridge the gap between users and technology by creating a layer that makes digital experiences intuitive and effortless, reducing friction in digital workflows across various business functions.
WalkMe serves a broad range of enterprise clients across departments like IT, sales, human resources, and customer service, enabling them to maximize value from their software investments in platforms such as SAP, Salesforce, and Workday. Its long-term vision is to establish a world where every user interaction with technology is seamless and intuitive, ultimately transforming how individuals engage with digital tools and accelerate digital transformation for organizations globally.
WalkMe has raised $484.0M across 12 funding rounds. Most recently, it raised $90.0M Other Equity in December 2019.
Key people at WalkMe.
WalkMe is a SaaS company providing a digital adoption platform (DAP) that overlays visual cues, personalized guidance, and analytics on enterprise software to simplify user experiences and boost productivity.[1][2][7] It serves large enterprises undergoing digital transformation, targeting employees and customers in areas like HR, sales, IT, and customer care, solving the problem of low software adoption, workflow friction, errors, and unrealized ROI from tech stacks.[3][4][6][8] Recognized as a market leader by Everest Group, WalkMe went public in 2021 at a $2.56 billion valuation before its 2024 acquisition by SAP for $1.5 billion, demonstrating strong growth momentum through strategic expansions and integrations.[2]
WalkMe was founded in 2011 in Israel by Dan Adika, Rafael Sweary, Eyal Cohen, and Yuval Shalom Ozanna as a guidance and navigation tool to address the growing need for digital learning amid complex enterprise software.[2][5] The idea emerged from recognizing that enterprises invested heavily in technology but struggled with user adoption; the team launched the product in April 2012 after raising $1 million in Series A funding led by Mangrove Capital Partners.[2] Early traction built quickly with subsequent rounds—$5.5 million Series B in 2012, $11 million Series C in 2014, $25 million Series D in 2015, and $125 million Series E by 2017—culminating in a 2021 IPO and SAP acquisition, fueled by acquisitions like Abbi (2017), Jaco (2017), DeepUI.ai (2018), and Zest (2021).[2]
WalkMe stands out in the DAP market through these key strengths:
WalkMe rides the digital transformation wave, where enterprises face exploding tech stacks but persistent adoption gaps—buying software is easy, but maximizing ROI through effective use is the bottleneck.[3] Its timing aligns with remote/hybrid work, AI proliferation, and regulatory demands, bridging human error in mission-critical systems with in-context support for remote productivity.[6][9] Market forces like rapid SaaS growth and employee experience priorities favor WalkMe, as it complements (not replaces) HCM, CRM, and IT tools, influencing the ecosystem by setting DAP standards—evident in its Everest Group leadership and SAP acquisition, which accelerates enterprise-wide adoption strategies.[2][3]
Post-SAP acquisition, WalkMe will likely deepen integrations within SAP's ecosystem, expanding its DAP to more mission-critical workflows and leveraging AI for predictive guidance.[2][3] Trends like agentic AI, zero-touch automation, and hyper-personalized employee experiences will shape its path, potentially evolving from adoption enabler to full workflow orchestrator. As digital friction persists amid tech sprawl, WalkMe's ROI focus positions it to drive broader enterprise productivity gains, tying back to its core mission of simplifying adoption for lasting impact.[1][3]
WalkMe has raised $484.0M in total across 12 funding rounds.
WalkMe's investors include Vitruvian Partners, Insight Partners, Atomico, Dawn Capital, Goat Capital, Point Nine Capital, Andreas Ehn, Jason Lemkin, Mangrove Capital Partners, Swee Yeok CHU, PBM, Jeff Horing, AllegisCyber Capital.
