Vancouver’s ZenHub has raised a $5.9 million round led by BDC Capital and Ripple Ventures.
Founded in 2014 and spun out of innovation studio Axiom Zen, ZenHub is a leading team collaboration and project management suite in GitHub, empowering teams of 2 to over 20,000 to work together.
Over the past six years thousands of teams, from venture backed startups like Mapbox and InfluxDB, to forward thinking enterprises like Shopify and Hubspot, have come to depend on ZenHub.
Though ZenHub has evolved over the years, they’ve remained focused on their mission to help developers spend less time updating work and more time building. Co-founder Aaron Upright announced the financing round in a blog post this morning and expanded on where ZenHub is headed.
“Today, development teams are wasting time on administrative work instead of writing code. We’re building a future where nobody has to “do” project management. Where developers can simply focus on the code without sacrificing organizational clarity into project status,” writes Upright.
“The funding we’ve raised will enable us to triple-down on this vision and continue empowering our customers to focus on their most critical work.”
“Development resources are becoming more expensive and businesses are under pressure to stretch these already-strapped resources even further. The global pandemic and tightening budgets have only made this pain more acute,” Upright continues.
“This has resulted in a paradox: development teams are under more pressure than ever to increase their velocity and efficiency, yet these same teams often lack the resources and training to become more agile.”
Upright believes that automation is the solution to make agile more accessible.
“Our vision for automation is like Tesla’s vision for Autopilot: as a driver you’re always in full control, but there are a number of purpose built features designed to remove the most burdensome and dangerous parts of driving,” Upright continues.
“We think ZenHub can play a similar role in augmenting the most complex and time consuming parts of project management to help teams move faster and become more agile, while allowing them to stay in full control of the process.”
Joining ZenHub’s lead investors in this round are some of the most well respected names in the developer tool ecosystem, and leaders in product-led growth including: Adam Gross (former CEO of Heroku), Jiaona Zhang (VP Product at Webflow), and Oji Udezue (VP Product at Calendly).