Making Remote Work Simpler & More Reliable for People Everywhere

Digital Employee Experience (DEX)JVPK1 Investment Management

ControlUp raises $100M to give people the flexibility and freedom to work from anywhere. 

Today, I am delighted to announce that ControlUp, co-led by K1 Investment Management and JVP, has raised $100 million, so we can continue creating smart, easy-to-use solutions that enable people to get their jobs done without hassles. 

Around the world, people are demanding remote work options because working this way is just better. When people have the freedom to work the way they want, managers and team members alike see increased productivity, improved work satisfaction, and meaningful reductions in attrition rates. 

But working remotely doesn’t always work. Laptops freeze, video calls stall, apps don’t work the way they should, Wi-Fi goes out. And calling IT for help can often feel like wasted time—time on hold, explaining and re-explaining problems, troubleshooting (and hoping IT has an answer), and on and on. It can be frustrating; we get it.

ControlUp makes solutions that people can count on.

Bringing together the largest and most diverse set of real-time metrics across mission critical SaaS applications, ControlUp gives IT teams a 360-degree view of their entire digital employee experience. Taking less than 10 minutes to deploy, IT teams can get up and running fast, and can proactively monitor and improve the health of their systems, gain architectural-level insights, and ensure employees have the freedom and flexibility to work from anywhere.

This new investment will accelerate our ability to help more enterprises open the door to the limitless possibilities of a simpler, more reliable work-from-anywhere experience. All this translates to fewer headaches, lower costs, higher productivity, and happier people.

“For a long time, working from home was a nice perk at some companies, but all that has changed,” said Roy Liao, Senior Vice President at K1 Investment Management. “Today, work-from-anywhere is a business necessity. ”  

Working remotely gives people flexibility and freedom, and it allows them to bring their best at work, and in life, too. And for businesses, remote work has opened up limitless possibilities to bring in the best talent from around the world.

 “We’re excited to continue our partnership with ControlUp as they help companies around the world change the way employees work,” said Julia Kagan, Partner at JVP. “The accelerated pace of digital employee experience adoption puts ControlUp in a unique position to help companies manage this complex transition while simplifying and speeding up problem resolution to prevent IT teams from being overwhelmed.”    

This is a big day for ControlUp, and it’s just the start of how we’ll grow to help people around the world work flexibly, happily, and without frustration.