Roadmunk, an enterprise SaaS platform that allows organizations to visualize their strategic roadmap, has closed a $1.5 million seed funding round.
The raise was led by Golden Venture Partners, Felicis Ventures, and Garage Capital.
“We developed Roadmunk in response to a problem we personally experienced while working as product managers: it was extremely difficult to visualize, understand and align on strategies across our whole organization,” says cofounder and CEO Latif Nanji. “We recognize how difficult it can be for organizations of all sizes to make strategies visible and clear to every team and department. It’s our goal to unify organizations in the simplest way possible.”
Roadmunk is a roadmap visualization platform that promotes organizational transparency in a shared, cloud-based environment. Clients include Amazon, Slack, and Coca-Cola.
“Roadmunk has established itself as one of the early leaders in product management automation,” says Ameet Shah, Partner at Golden Ventures Partners, “They’ve tapped into an essential problem at any organization: clearly communicating plans and objectives across all levels.”
Roadmunk will launch Master Roadmapping, a major upgrade to their platform, this year. This new release will enable teams to get a bird’s eye view of their entire organization at a glance.
Founded in 2012 by Nanji and CTO Tomas Benda, Roadmunk has offices in Toronto, Waterloo and London, England.