WalkMe

AI-powered Digital Adoption Platform for Enterprises

Business Software
Acquired by SAP on Jun, 2024
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Company Overview

Snapshot

Founded in October 2011 by Dan Adika, Yuval Shalom Ozanna, Eyal Cohen, and Rephael Sweary, WalkMe operates with over 1,000 employees. The company has raised $593.5M across 10 funding rounds from 10 investors. In June 2024, WalkMe was acquired by SAP.

Business overview

WalkMe develops an enterprise guidance and engagement platform that provides interactive on-screen guidance sequences to assist users in completing complex tasks. The company's core technology focuses on web platforms and interfaces, enabling businesses to optimize training, enhance customer service, and improve conversion rates. WalkMe serves enterprise and professional services markets, operating within the Business Software sector, with applications in IT, R&D, Data Solutions, Sales, and Marketing Solutions.

Strategic signal

In November 2023, WalkMe enhanced customer access by making its platform available on AWS Marketplace. This move signals a strategic expansion of its distribution channels, aiming to reach a broader enterprise customer base and capitalize on the growing demand for digital adoption technology within the cloud ecosystem.

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Company Intelligence Q&A

What was a significant recent corporate development for WalkMe?
In June 2024, WalkMe was acquired by SAP, marking a major exit for the company.
When did WalkMe go public?
WalkMe completed an Initial Public Offering in June 2021, listing on NASDAQ under the ticker WKME.
What was WalkMe's latest strategic partnership or platform integration?
In November 2023, WalkMe enhanced customer access by making its platform available on AWS Marketplace.
What was a key leadership appointment at WalkMe in late 2023?
In November 2023, WalkMe announced a key leadership appointment to meet continued accelerated digital adoption demand in EMEA.
What was WalkMe's most recent acquisition?
In November 2021, WalkMe acquired Simpo, a startup focused on enhancing its digital adoption capabilities.
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