Asana raises $50M

What does Asana do?

Asana, is an enterprise app which lets people set and track projects and other goals. It is a web and mobile app designed for helping team to improve, organization, communication and collaboration. This app is the easiest way for teams in tracking their work. It does everything from tasks and projects to conversations and dashboards. The company helps teams in moving work from the beginning to finish and obtain results. The app is available for Android and iOS users. Its mission is to help humanity thrive by helping all the teams work effortlessly together.

How much Asana was funded?

Asana raised $50M in Series C on March 30, 2016 from Justin Rosenstein, Roger McNamee, Dustin Moskovitz, Ruchi Sanghvi, Eric Ries,  Aditya Agarwal, Andrew Mason, Adam D’Angelo,  Tony Hsieh, Mark Zuckerberg, Priscilla Chan,  Founders Fund, Sam Altman and 8VC.

Previous funding

• Undisclosed amount on September 1, 2008 from SV Angel
• $1.2M on April 1, 2009 from Jed Stremel, David Jeske, Sean Parker, Joe Green,Ben Horowitz, , Adam D’Angelo, Matt Cohler, Ron Conway, Aditya Agarwal, Owen Van Natta, Mitchell Kapor, Peter Thiel, Ruchi Sanghvi and Marc Andreessen.
• $9M in Series A on November 24, 2009 from Benchmark and Andreessen Horowitz
• $28M on Series B on July 23, 2012 from Peter Thiel, Benchmark, Founders Fund and Andreessen Horowitz

What is next for Asana?

The company plans on using the latest funding raised to continue building out its functionality and also for the expansion of its consumer base internationally.

More about Asana

Asana was founded in 2009 by Dustin Moskovitz, Facebook co-founder and Justin Rosenstein, early employee of Facebook. It has its headquarters in San Francisco, CA. The company has 13,000 paying businesses as customers and more than 140,000 businesses using the product overall.