Goal-setting startup Ally raises $15 mn in Tiger Global-led funding round

Ally's product is based on the objectives and key results framework, an operating model for running agile businesses

Ally, a goal-setting and execution management software provider, said it had raised $15 million in a Series-B funding round led by Tiger Global Management, LLC, a New York investment firm. Previous investors Accel, Vulcan Capital, and Founders Co-op, also participated in this round.

The funding would help the company scale global sales, marketing, and professional services while making significant investments to expand the product offering.

“We are thrilled to be in the company of other category-defining portfolio companies in Tiger Global’s portfolio and are thankful for the strong support of our existing investors,” said Vetri Vellore, founder and chief executive, Ally. “Tiger