Sensei Labs, a Toronto-based provider of collaborative work management software, has closed a “multi-million-dollar” financing. The round was led by Plymouth Growth. Sensei Labs was founded and commercialized within the Klick Group of companies.
TORONTO–(BUSINESS WIRE)–Sensei Labs, creator of the leading Software-as-a-Service (SaaS) platform Conductor™, announced today that it has closed a new multi-million-dollar funding round led by Plymouth Growth.
The new capital enables Sensei Labs to accelerate its growth and product strategy and broaden its outreach to global enterprises seeking modern work tools to manage their largest and most transformational programs.
“Innovative organizations are embracing Sensei Labs’ unique people-centric, data-driven vision for the future of how enterprises will work,” said Brook Critchfield, Partner at Plymouth Growth. “With growing global demand for their Conductor platform, they have an incredible running start and are entering the most exciting inflection point of their growth curve. Conductor’s proven market position as the leading collaborative work management platform makes Sensei Labs a great addition to the Plymouth Growth portfolio. We’re excited to work together with the team to continue accelerating their growth.”
Sensei Labs released Conductor in November 2017 and via its partner-centric business model has since rapidly scaled its business. Its award-winning SaaS platform is the only enterprise-grade platform that provides integrated project/portfolio management, collaborative work management, data/KPI management, and knowledge management in an intuitive, easy-to-use solution.
Conductor is used by some of the world’s largest companies and government agencies across five continents to manage their most critical initiatives, including transformations, procurement and supply chain operations, M&A transactions, technology delivery, and large PMOs.
“Conductor has proven to be a critical tool for strategic management and consulting firms to deliver differentiated value for their clients,” said Jay Goldman, Sensei Labs Co-Founder and CEO. “Fueling our growth is the expansion of our relationships with these firms, as well as pursuing new professional service organizations to join our rapidly growing partner program. Our platform’s capabilities offer those partners and their clients a modern way to meet the emerging work management challenges that enterprises are encountering in today’s complex, remote work world.” To meet increasing demand, the company plans to grow its team by 50% this year, with key hires already signed-on in marketing, sales, product and engineering.
Kearney, a top global management consulting firm, is a founding member of the Sensei Labs Partner Program. Kearney is a global leader in strategic transformation and operations consulting and has been working with Sensei Labs for three years. “When we combine Sensei Lab’s innovative platform and outstanding customer success operations, with the trusted strategic transformation expertise of our consultants, we consistently deliver unparalleled client service and outcomes on highly-complex, global engagements,” said Richard Forrest, Kearney Partner. “From the start, we recognized this partnership would deliver enhanced client value, and it has helped us significantly increase our new business win rate. We’re committed to growing our partnership and look forward to building on our already strong foundation.”
Sensei Labs was founded and commercialized within the Klick Group of companies, which has grown by 30-40% YoY since its establishment in 1997 and is consistently recognized with leading industry awards for its client work, workplace culture, and business management. “We’re proud of the difference Sensei Labs has made in the market and we are excited to celebrate both Sensei Labs’ success and the closing of this funding round,” said Leerom Segal, Klick Group’s Co-Founder, CEO and Chairman. “Sensei Labs has proven itself as a must-have workplace collaboration platform, and it’s now time to share its transformational way of managing large, complex programs with more partners and customers around the world.”
About Plymouth Growth
Plymouth Growth invests in Midwest B2B software and technology companies – with $3MM to $8MM in revenue, proven business models, and strong teams – that are ready to scale. The Plymouth team brings decades of experience as operators, advisors, and investors, and understands that while metrics matter, it’s people that are critical to growth. We look beyond the numbers to understand businesses, teams, and cultures, and we seek to partner with entrepreneurs that have accomplished a lot with a little. Based in Ann Arbor, MI and actively investing out of its fourth fund, Plymouth Growth helps teams achieve smart, proven growth. For more information on Plymouth and its investments, please visit plymouthgp.com.
Kearney is a leading global management consulting firm with more than 3,600 people working in more than 40 countries. We work with more than three-quarters of the Fortune Global 500, as well as with the most influential governmental and non-profit organizations.
Kearney is a partner-owned firm with a distinctive, collegial culture that transcends organizational and geographic boundaries—and it shows. Regardless of location or rank, our consultants are down to earth, approachable, and have a shared passion for doing innovative client work that provides clear benefits to the organizations we work with in both the short and long term. Learn more at Kearney.com.
About Klick Group
The Klick Group of companies—Klick Health (including Klick Katalyst), Klick Media Group, Klick Applied Sciences (including Klick Labs), Klick Consulting, Klick Ventures, and Sensei Labs—is an ecosystem of brilliant talent collectively working to maximize their people and clients’ full potential. Established in 1997, Klick has teams in New York, Philadelphia, Toronto, and across North America. Klick has consistently been named a Best Managed Company and Great Place to Work. In the last year alone, the company has been recognized with 14 Best Workplace awards, including Best Workplaces for Women, Best Workplaces for Inclusion, Employee-Recommended Workplaces, Most Admired Corporate Cultures, and FORTUNE’s Best Places to Work in New York. For more information on Klick, go to klick.com.
About Sensei Labs
Sensei Labs builds smarter workplace solutions that people love, powered by data and grounded in experience. The world’s largest companies use their collaborative work management platform Conductor™ to orchestrate and execute their most critical initiatives – including transformations, procurement, supply chain, M&A, and technology delivery. It provides the project management, collaboration, data tracking and reporting, and knowledge management that modern organizations need to be successful. The company won Ingram Micro Cloud and Microsoft’s Comet Competition for the country’s best Enterprise Software startups and is a Forrester NowTech Collaborative Work Management provider. Sensei Labs is a proud member of the Klick Group of companies. senseilabs.com