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Sapphire Ventures led a $50m Series B round in ActivTrak.

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Minority

Venture Capital

Software

Private Equity

workforce analytics

Friendly

Single Bidder

Completed

software development

Acquisition

Domestic

Synopsis

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Sapphire Ventures, a venture capital firm, led a $50m Series B round in ActivTrak, a workforce analytics and productivity management software provider, with Elsewhere Partners participating. "Our goal is to bring context to digital work data, providing productivity insights that help companies identify work patterns, set benchmarks, and optimize and sustain outcomes for ongoing success. Sapphire Ventures has a deep track record of investing in next-generation technology companies that leverage the power of analytics to change how people live and work. I’m thrilled to join their portfolio of companies as we continue to grow and capitalize on opportunities in this space," Rita Selvaggi, ActivTrak CEO.

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