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Goal-setting co Ally.io raises $50 mn from Greenoaks, Tiger Global, others

At a time when the pandemic has accelerated the adoption of technology among enterprises, Ally.io grew revenues by 3.3x.

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Illustration: Ajay Mohanty

Peerzada AbrarYuvraj Malik Bengaluru | New Delhi
Ally.io, a firm that specializes in goal-setting and business execution software, has raised $50 million in Series C funding round led by Greenoaks Capital. Tiger Global, which led the company’s Series B round, and Madrona Venture Group also joined the round. Other previous investors Accel, Addition Ventures, Founders’ Co-Op, and Vulcan Capital also participated.

With this funding, Ally.io, which has offices in Seattle and Chennai, has raised a total of $76 million. This makes the three-year-old SaaS (software-as-a-service) company the leading player in the OKR (objectives and key results) space and primed to transform how companies integrate goals with every business