Workpath announced getting funded by signals Venture Capital.

Workpath, a Munich, Germany-based B2B SAAS developer, announced getting into an investment agreement for raising the capital.

The money was raised from local investor from Germany signals Venture Capital and included contributions from existing backer High-Tech Gründerfonds.

Workpath, founded in 2017 by CEO Johannes Müller, Thomas Obermüller and Pascal Fritzen, uses Objectives and Key Results (OKRs) to help companies flexibly and effectively execute their strategy. The software is based on management approaches around agile and new work and was specially developed to help teams with the transparent and efficient definition, coordination, and pursuit of goals. Workpath works with customers including companies such as SAP, Metro, and Hella.