Dragonboat Raises $12M Series A. Brings Product Portfolio Management To Every Company
Dragonboat Raises $12M Series A.

Dragonboat Closes $12M Series A To Bring Responsive Product Portfolio Management to Every Company

Dragonboat Closes $12M A Round

Today we are thrilled to announce a key milestone at Dragonboat – we raised a $12 Million Series A led by Insight Partners with participation of existing investors Act One, Roble Ventures and Gingerbread Capital.

This is incredible news on several fronts. 

Insight Partners is an amazing investor. We are both excited and humbled to join their portfolio. Over the last few months, we’ve had the pleasure of working with the Insight Onsite team to share best practices for leading effective product portfolios for scaleups and enterprises. In every interaction, we were continuously impressed with their team, network, and dedication to helping the industry move forward. We couldn’t be more excited to be both a recipient of their rich resources, and be a provider contributing to the community.

From a company perspective, we’ve experienced rapid growth especially since the onset of the pandemic. The overnight remote work has accelerated digitalization across all industries, creating tremendous demand for adopting product portfolio management practices that deliver both customer needs and business outcomes.

Product management acumen enables companies to understand customer needs and build products to fulfill them. Portfolio management techniques enable companies to juggle competing needs with limited time and resources to best achieve customer and portfolio outcomes. The combination of the two – product portfolio management – is what sets best-in-class companies apart.

Imagine this – every product manager handles millions of dollars of product investments (in the form of resources) and every decision they make has a fundamental impact on the outcome of the company. This requires a dedicated and integrated platform for product teams and all teams involved in evaluating, planning, delivering, launching, and supporting products. Dragonboat is purpose-built just for that.

From a team perspective, I’m more than thrilled to join a movement where a female immigrant founder can lead and grow a venture-backed company like Dragonboat. I set out to build a diverse team and now more than 50% of leaders are women and we have diversity in all functions.

So what’s ahead of us? 

The world is facing a tidal shift where nearly all companies will become digital. Competition for access to both customers and talent is increasingly global. This demands faster, better product decisions in a way that connects agile development and empowered teams with clear strategic alignment and collaboration across all organizational levels and functions. Effective, efficient, and responsive product, resourcing, and delivery are essential to staying ahead. 

At Dragonboat, we practice what we believe and use our product to lead an aligned, empowered and outcome driven product company. 

Want to join our mission to help product teams and product-centric companies do their best work and achieve the best possible outcomes?

Join our remote native team across Europe and the US. We are hiring in all functions – Product, Design, Marketing, Customer Success, Sales, Business Development, Operations, HR and more.  

Check out our careers page to learn more and apply today.

Ready to deliver customer delight and drive business outcomes? Sign up for a demo of Dragonboat’s Product Portfolio Management Platform.

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