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

When was WalkMe acquired?
WalkMe was acquired by SAP in June 2024.
What was WalkMe's last disclosed funding round?
WalkMe's last disclosed funding round was in December 2019, with participation from Vitruvian Partners and Insight Partners.
What was a key strategic partnership for WalkMe in 2022?
In May 2022, WalkMe collaborated with Celonis to optimize business performance for customers.
What was a significant product development announced by WalkMe in 2023?
In May 2023, WalkMe unveiled WalkMe Discovery, representing the latest evolution in its digital adoption technology.
What was WalkMe's status in the Digital Adoption Platform market in September 2023?
In September 2023, WalkMe was named a Leader and a Star Performer in the Everest Group Digital Adoption Platform PEAK Matrix® Assessment for the fourth consecutive year.
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